Olds, AB Employment - Median Household Income, Unemployment Rate

C-

5%

Household income NAT. AVG.

15%

Unemployment NAT. AVG.

4%

In labour force NAT. AVG.

Index	Olds	Alberta	National
Median household income	$78,157	$94,624	$82,436
Unemployment rate	5.5%	5.1%	6.4%
In labour force	66.4%	70.9%	63.9%

Key findings

The median household income in Olds is 5% lower than the national average
The unemployment rate in Olds is 15% lower than the national average
In Olds 5.6% of people earn $20,000 or less
In Olds 11.0% of people earn between $80,000 and $100,000
In Olds 2.7% of people earn $300,000 or more

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am i middle class

$52,099 $78,157 $156,314

City

$63,076 $94,624 $189,248

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.

Olds median earnings by income bracket

Olds employment by industry

Labour Type	Percent
Construction industry	7.3%
Manufacturing sector	3.5%
Financial & insurance services	1.6%
Wholesale & retail services	10.4%
Public administration	2.2%
Transportation, warehousing & utilities	3.4%
Education, health & social services	13.1%
Other	24.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Mountain View County, AB	14,390	$89,351	8.4%
Didsbury, AB	5,654	$76,997	6.6%
Bowden, AB	1,214	$64,322	22.0%
Olds, AB	10,106	$78,157	5.2%

Cities with similar population

City	Population	Household Income	National Avg.
Citrus, CA	10,105	n/a
Bel Air, MD	10,102	n/a
Meadowbrook, AL	10,110	n/a
Bithlo, FL	10,101	n/a
Blacklick Estates, OH	10,097	n/a
Olds, AB	10,106	$78,157	5.2%

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