Magnetic Hill, NB Employment - Median Household Income, Unemployment Rate

A

21%

Household income NAT. AVG.

54%

Unemployment NAT. AVG.

1%

In labour force NAT. AVG.

Index	Magnetic Hill	Moncton	New Brunswick
Median household income	$100,000	$86,999	$70,223
Unemployment rate	3.0%	4.2%	5.4%
In labour force	64.7%	64.2%	60.7%

Key findings

The median household income in Magnetic Hill is 21% higher than the national average
The unemployment rate in Magnetic Hill is 54% lower than the national average
In Magnetic Hill 3.5% of people earn $20,000 or less
In Magnetic Hill 13.0% of people earn between $80,000 and $100,000
In Magnetic Hill 2.2% of people earn $300,000 or more

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am i middle class

$57,993 $86,999 $173,998

City

$46,810 $70,223 $140,446

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.

Magnetic Hill median earnings by income bracket

Magnetic Hill employment by industry

Labour Type	Percent
Construction industry	4.8%
Manufacturing sector	3.9%
Financial & insurance services	3.7%
Wholesale & retail services	10.5%
Public administration	5.1%
Transportation, warehousing & utilities	4.1%
Education, health & social services	14.5%
Other	18.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Dieppe, NB	27,260	$90,282	9.5%
Coverdale, NB	5,038	$87,285	5.9%
Memramcook, NB	5,432	$83,496	1.3%
Riverview, NB	19,441	$83,133	0.8%
Dundas, NB	3,812	$80,860	1.9%
Moncton, NB	11,235	$86,999	5.5%

Cities with similar population

City	Population	Household Income	National Avg.
Canyon Lake, CA	11,237	n/a
Lighthouse Point, FL	11,238	n/a
Travilah, MD	11,239	n/a
Gloucester City, NJ	11,229	n/a
Webster, TX	11,229	n/a
Moncton, NB	11,235	$86,999	5.5%

Source: The Magnetic Hill, Moncton, NB data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Magnetic Hill, Moncton, NB Employment