Labrador City, NL Employment - Median Household Income, Unemployment Rate

A+

65%

Household income NAT. AVG.

3%

Unemployment NAT. AVG.

7%

In labour force NAT. AVG.

Index	Labrador City	Newfoundland and Labrador	National
Median household income	$135,913	$73,940	$82,436
Unemployment rate	6.2%	10.8%	6.4%
In labour force	68.2%	57.3%	63.9%

Key findings

The median household income in Labrador City is 65% higher than the national average
The unemployment rate in Labrador City is 3% lower than the national average
In Labrador City 2.6% of people earn $20,000 or less
In Labrador City 7.7% of people earn between $80,000 and $100,000
In Labrador City 3.6% of people earn $300,000 or more

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am i middle class

$90,599 $135,913 $271,826

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.

Labrador City median earnings by income bracket

Labrador City employment by industry

Labour Type	Percent
Construction industry	4.0%
Manufacturing sector	2.2%
Financial & insurance services	0.4%
Wholesale & retail services	11.5%
Public administration	2.6%
Transportation, warehousing & utilities	2.1%
Education, health & social services	7.0%
Other	37.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Fermont, QC	2,107	$181,560	120.2%
Wabush, NL	1,841	$133,400	61.8%
Labrador City, NL	7,007	$135,913	64.9%

Cities with similar population

City	Population	Household Income	National Avg.
Shamokin, PA	7,007	n/a
Commerce, GA	7,008	n/a
Keyport, NJ	7,005	n/a
Dahlonega, GA	7,004	n/a
St. Augustine Beach, FL	7,010	n/a
Labrador City, NL	7,007	$135,913	64.9%

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