Hopedale, NL Employment - Median Household Income, Unemployment Rate

D

12%

Household income NAT. AVG.

73%

Unemployment NAT. AVG.

21%

In labour force NAT. AVG.

Index	Hopedale	Newfoundland and Labrador	National
Median household income	$72,365	$73,940	$82,436
Unemployment rate	11.1%	10.8%	6.4%
In labour force	50.3%	57.3%	63.9%

Key findings

The median household income in Hopedale is 12% lower than the national average
The unemployment rate in Hopedale is 73% higher than the national average
In Hopedale 13.2% of people earn $20,000 or less
In Hopedale 10.1% of people earn between $80,000 and $100,000
In Hopedale 1.3% of people earn $300,000 or more

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am i middle class

$48,238 $72,365 $144,730

City

$49,288 $73,940 $147,880

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.

Hopedale median earnings by income bracket

Hopedale employment by industry

Labour Type	Percent
Construction industry	4.9%
Manufacturing sector	0.8%
Financial & insurance services	0.0%
Wholesale & retail services	3.7%
Public administration	10.3%
Transportation, warehousing & utilities	1.2%
Education, health & social services	15.8%
Other	12.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Hopedale, NL	607	$72,365	12.2%

Cities with similar population

City	Population	Household Income	National Avg.
Fort Garland, CO	607	n/a
Nucla, CO	607	n/a
Cove City, NC	607	n/a
Red Oak, OK	607	n/a
Bucksport, SC	607	n/a
Hopedale, NL	607	$72,365	12.2%

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