Elgin, NB Employment - Median Household Income, Unemployment Rate

D-

32%

Household income NAT. AVG.

30%

Unemployment NAT. AVG.

20%

In labour force NAT. AVG.

Index	Elgin	New Brunswick	National
Median household income	$56,345	$70,223	$82,436
Unemployment rate	4.5%	5.4%	6.4%
In labour force	51.1%	60.7%	63.9%

Key findings

The median household income in Elgin is 32% lower than the national average
The unemployment rate in Elgin is 30% lower than the national average
In Elgin 13.9% of people earn $20,000 or less
In Elgin 9.7% of people earn between $80,000 and $100,000
In Elgin 0.3% of people earn $300,000 or more

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am i middle class

$37,559 $56,345 $112,690

City

$46,810 $70,223 $140,446

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.

Elgin median earnings by income bracket

Elgin employment by industry

Labour Type	Percent
Construction industry	5.6%
Manufacturing sector	3.9%
Financial & insurance services	1.9%
Wholesale & retail services	6.9%
Public administration	1.0%
Transportation, warehousing & utilities	3.6%
Education, health & social services	13.3%
Other	12.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Coverdale, NB	5,038	$87,285	5.9%
Waterford, NB	479	$68,287	17.2%
Hillsborough, NB	1,489	$65,646	20.4%
Cardwell, NB	1,346	$65,456	20.6%
Petitcodiac, NB	1,451	$61,962	24.8%
Elgin, NB	1,000	$56,345	31.7%

Cities with similar population

City	Population	Household Income	National Avg.
Green Valley CDP (Los Angeles County), CA	1,000	n/a
Brook, IN	1,000	n/a
Whitehall, MT	1,000	n/a
Adams Center, NY	1,000	n/a
New Washington, OH	1,000	n/a
Elgin, NB	1,000	$56,345	31.7%

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