Oak Bay, BC Employment - Median Household Income, Unemployment Rate

A+

46%

Household income NAT. AVG.

64%

Unemployment NAT. AVG.

15%

In labour force NAT. AVG.

Index	Oak Bay	British Columbia	National
Median household income	$120,046	$86,325	$82,436
Unemployment rate	2.3%	3.9%	6.4%
In labour force	54.1%	64.2%	63.9%

Key findings

The median household income in Oak Bay is 46% higher than the national average
The unemployment rate in Oak Bay is 64% lower than the national average
In Oak Bay 5.7% of people earn $20,000 or less
In Oak Bay 9.1% of people earn between $80,000 and $100,000
In Oak Bay 10.9% of people earn $300,000 or more

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am i middle class

$80,022 $120,046 $240,092

City

$57,544 $86,325 $172,650

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.

Oak Bay median earnings by income bracket

Oak Bay employment by industry

Labour Type	Percent
Construction industry	2.1%
Manufacturing sector	1.2%
Financial & insurance services	2.3%
Wholesale & retail services	5.5%
Public administration	5.3%
Transportation, warehousing & utilities	1.4%
Education, health & social services	16.1%
Other	19.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Highlands, BC	2,398	$125,122	51.8%
Central Saanich, BC	18,572	$108,379	31.5%
Colwood, BC	19,837	$108,189	31.2%
Metchosin, BC	4,998	$103,781	25.9%
View Royal, BC	12,511	$101,389	23.0%
Oak Bay, BC	18,885	$120,046	45.6%

Cities with similar population

City	Population	Household Income	National Avg.
North Amityville, NY	18,890	n/a
Claremore, OK	18,875	n/a
Bellaire, TX	18,862	n/a
Alice, TX	18,859	n/a
Altoona, IA	18,917	n/a
Oak Bay, BC	18,885	$120,046	45.6%

Source: The Oak Bay, BC data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.