Sherwood, PE Employment - Median Household Income, Unemployment Rate

C+

0%

Household income NAT. AVG.

22%

Unemployment NAT. AVG.

9%

In labour force NAT. AVG.

Index	Sherwood	Charlottetown	Prince Edward Island
Median household income	$82,616	$65,887	$74,036
Unemployment rate	5.0%	5.8%	7.3%
In labour force	69.5%	67.6%	67.6%

Key findings

The median household income in Sherwood is equal to the national average
The unemployment rate in Sherwood is 22% lower than the national average
In Sherwood 5.6% of people earn $20,000 or less
In Sherwood 12.4% of people earn between $80,000 and $100,000
In Sherwood 1.7% of people earn $300,000 or more

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am i middle class

$43,920 $65,887 $131,774

City

$49,352 $74,036 $148,072

State

$54,951 $82,436 $164,872

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Sherwood median earnings by income bracket

Sherwood employment by industry

Labour Type	Percent
Construction industry	4.3%
Manufacturing sector	3.5%
Financial & insurance services	2.2%
Wholesale & retail services	10.0%
Public administration	11.5%
Transportation, warehousing & utilities	2.6%
Education, health & social services	15.2%
Other	19.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lot 34, PE	3,243	$98,399	19.4%
Meadowbank, PE	408	$97,092	17.8%
Brackley, PE	453	$95,919	16.4%
Rocky Point 3, PE	58	$95,000	15.2%
Lot 22, PE	680	$94,468	14.6%
Charlottetown, PE	41,537	$65,887	20.1%

Cities with similar population

City	Population	Household Income	National Avg.
Woodlawn, MD	41,505	n/a
Coppell, TX	41,494	n/a
Leominster, MA	41,581	n/a
Catonsville, MD	41,592	n/a
Gainesville, GA	41,464	n/a
Charlottetown, PE	41,537	$65,887	20.1%

Source: The Sherwood, Charlottetown, PE data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Sherwood, Charlottetown, PE Employment