Lake Echo, NS Employment - Median Household Income, Unemployment Rate

C-

0%

Household income NAT. AVG.

20%

Unemployment NAT. AVG.

3%

In labour force NAT. AVG.

Index	Lake Echo	Halifax	Nova Scotia
Median household income	$82,503	$80,863	$71,343
Unemployment rate	7.7%	5.1%	5.7%
In labour force	66.1%	67.3%	61.2%

Key findings

The median household income in Lake Echo is equal to the national average
The unemployment rate in Lake Echo is 20% higher than the national average
In Lake Echo 4.8% of people earn $20,000 or less
In Lake Echo 14.0% of people earn between $80,000 and $100,000
In Lake Echo 0.8% of people earn $300,000 or more

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am i middle class

$53,903 $80,863 $161,726

City

$47,557 $71,343 $142,686

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.

Lake Echo median earnings by income bracket

Lake Echo employment by industry

Labour Type	Percent
Construction industry	7.4%
Manufacturing sector	4.4%
Financial & insurance services	1.9%
Wholesale & retail services	10.5%
Public administration	7.9%
Transportation, warehousing & utilities	6.3%
Education, health & social services	12.3%
Other	14.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Cole Harbour 30, NS	230	$53,246	35.4%
Halifax, NS	451,852	$80,863	1.9%

Cities with similar population

City	Population	Household Income	National Avg.
Virginia Beach, VA	450,882	n/a
Laval, QC	445,050	$84,211	2.2%
Miami, FL	461,080	n/a
Long Beach, CA	462,081	n/a
Raleigh, NC	469,698	n/a
Halifax, NS	451,852	$80,863	1.9%

Source: The Lake Echo, Halifax, NS data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Lake Echo, Halifax, NS Employment