Oakwood, ON Employment - Median Household Income, Unemployment Rate

C

12%

Household income NAT. AVG.

45%

Unemployment NAT. AVG.

27%

In labour force NAT. AVG.

Index	Oakwood	Niagara Falls	Ontario
Median household income	$72,486	$70,422	$87,353
Unemployment rate	3.6%	3.3%	4.2%
In labour force	46.9%	45.8%	61.7%

Key findings

The median household income in Oakwood is 12% lower than the national average
The unemployment rate in Oakwood is 45% lower than the national average
In Oakwood 4.9% of people earn $20,000 or less
In Oakwood 13.0% of people earn between $80,000 and $100,000
In Oakwood 2.6% of people earn $300,000 or more

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am i middle class

$46,943 $70,422 $140,844

City

$58,229 $87,353 $174,706

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.

Oakwood median earnings by income bracket

Oakwood employment by industry

Labour Type	Percent
Construction industry	2.1%
Manufacturing sector	3.6%
Financial & insurance services	1.1%
Wholesale & retail services	4.7%
Public administration	1.9%
Transportation, warehousing & utilities	2.9%
Education, health & social services	8.1%
Other	20.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Pelham, ON	18,077	$110,650	34.2%
Niagara-on-the-Lake, ON	20,111	$102,647	24.5%
Wainfleet, ON	6,177	$96,935	17.6%
Thorold, ON	21,396	$74,146	10.1%
Fort Erie, ON	32,970	$70,497	14.5%
Niagara Falls, ON	95,282	$70,422	14.6%

Cities with similar population

City	Population	Household Income	National Avg.
New Bedford, MA	95,355	n/a
Hesperia, CA	95,163	n/a
Portsmouth, VA	94,961	n/a
Mission Viejo, CA	95,638	n/a
South Gate, CA	94,905	n/a
Niagara Falls, ON	95,282	$70,422	14.6%

Source: The Oakwood, Niagara Falls, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Oakwood, Niagara Falls, ON Employment