Lord's Cove, NL Employment - Median Household Income, Unemployment Rate

F

35%

Household income NAT. AVG.

58%

Unemployment NAT. AVG.

26%

In labour force NAT. AVG.

Index	Lord's Cove	Newfoundland and Labrador	National
Median household income	$53,236	$73,940	$82,436
Unemployment rate	10.1%	10.8%	6.4%
In labour force	47.3%	57.3%	63.9%

Key findings

The median household income in Lord's Cove is 35% lower than the national average
The unemployment rate in Lord's Cove is 58% higher than the national average
In Lord's Cove 8.0% of people earn $20,000 or less
In Lord's Cove 8.0% of people earn between $80,000 and $100,000
In Lord's Cove 0.0% of people earn $300,000 or more

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am i middle class

$35,487 $53,236 $106,472

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.

Lord's Cove median earnings by income bracket

Lord's Cove employment by industry

Labour Type	Percent
Construction industry	9.5%
Manufacturing sector	3.4%
Financial & insurance services	0.0%
Wholesale & retail services	0.0%
Public administration	2.7%
Transportation, warehousing & utilities	0.7%
Education, health & social services	16.2%
Other	14.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Division No. 2, Subd. G, NL	10	$125,000	51.6%
Lamaline, NL	258	$72,838	11.6%
Point au Gaul, NL	79	$69,384	15.8%
Lawn, NL	563	$67,710	17.9%
St. Lawrence, NL	1,097	$59,036	28.4%
Lord's Cove, NL	147	$53,236	35.4%

Cities with similar population

City	Population	Household Income	National Avg.
Bassett, AR	147	n/a
Day, FL	147	n/a
Barnes City, IA	147	n/a
Rutland, IA	147	n/a
Norway, IN	147	n/a
Lord's Cove, NL	147	$53,236	35.4%

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