Claresholm, AB Employment - Median Household Income, Unemployment Rate

D

30%

Household income NAT. AVG.

62%

Unemployment NAT. AVG.

7%

In labour force NAT. AVG.

Index	Claresholm	Alberta	National
Median household income	$57,813	$94,624	$82,436
Unemployment rate	2.4%	5.1%	6.4%
In labour force	59.7%	70.9%	63.9%

Key findings

The median household income in Claresholm is 30% lower than the national average
The unemployment rate in Claresholm is 62% lower than the national average
In Claresholm 9.5% of people earn $20,000 or less
In Claresholm 10.7% of people earn between $80,000 and $100,000
In Claresholm 0.5% of people earn $300,000 or more

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am i middle class

$38,538 $57,813 $115,626

City

$63,076 $94,624 $189,248

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.

Claresholm median earnings by income bracket

Claresholm employment by industry

Labour Type	Percent
Construction industry	4.9%
Manufacturing sector	4.3%
Financial & insurance services	2.5%
Wholesale & retail services	8.1%
Public administration	2.2%
Transportation, warehousing & utilities	3.6%
Education, health & social services	16.7%
Other	16.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Willow Creek No. 26, AB	5,418	$75,395	8.5%
Granum, AB	402	$55,976	32.1%
Stavely, AB	611	$53,767	34.8%
Claresholm, AB	3,865	$57,813	29.9%

Cities with similar population

City	Population	Household Income	National Avg.
Valdez, AK	3,865	n/a
Ridgecrest, FL	3,865	n/a
Eastland, TX	3,865	n/a
Raymond, AB	3,865	$71,562	13.2%
Hopkinton, MA	3,864	n/a
Claresholm, AB	3,865	$57,813	29.9%

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