Lot 5, PE Employment - Median Household Income, Unemployment Rate

C+

13%

Household income NAT. AVG.

49%

Unemployment NAT. AVG.

9%

In labour force NAT. AVG.

Index	Lot 5	Prince Edward Island	National
Median household income	$92,834	$74,036	$82,436
Unemployment rate	9.6%	7.3%	6.4%
In labour force	69.7%	67.6%	63.9%

Key findings

The median household income in Lot 5 is 13% higher than the national average
The unemployment rate in Lot 5 is 49% higher than the national average
In Lot 5 3.3% of people earn $20,000 or less
In Lot 5 13.8% of people earn between $80,000 and $100,000
In Lot 5 1.6% of people earn $300,000 or more

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am i middle class

$61,883 $92,834 $185,668

City

$49,352 $74,036 $148,072

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.

Lot 5 median earnings by income bracket

Lot 5 employment by industry

Labour Type	Percent
Construction industry	4.7%
Manufacturing sector	3.6%
Financial & insurance services	0.8%
Wholesale & retail services	9.1%
Public administration	3.5%
Transportation, warehousing & utilities	3.0%
Education, health & social services	13.2%
Other	31.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lot 13, PE	754	$93,227	13.1%
Lot 3, PE	820	$89,417	8.5%
Lot 1, PE	1,731	$88,443	7.3%
Lot 2, PE	1,655	$77,111	6.5%
Lot 7, PE	489	$74,626	9.5%
Lot 5, PE	1,386	$92,834	12.6%

Cities with similar population

City	Population	Household Income	National Avg.
Van Meter, IA	1,386	n/a
Toast, NC	1,386	n/a
Ferndale, CA	1,387	n/a
Ladera, CA	1,385	n/a
Westwood, CA	1,387	n/a
Lot 5, PE	1,386	$92,834	12.6%

Source: The Lot 5, PE data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.