Valley Ridge, NL Employment - Median Household Income, Unemployment Rate

A

37%

Household income NAT. AVG.

33%

Unemployment NAT. AVG.

11%

In labour force NAT. AVG.

Index	Valley Ridge	Paradise	Newfoundland and Labrador
Median household income	$113,321	$120,560	$73,940
Unemployment rate	8.5%	9.2%	10.8%
In labour force	70.9%	73.0%	57.3%

Key findings

The median household income in Valley Ridge is 37% higher than the national average
The unemployment rate in Valley Ridge is 33% higher than the national average
In Valley Ridge 3.6% of people earn $20,000 or less
In Valley Ridge 13.4% of people earn between $80,000 and $100,000
In Valley Ridge 1.7% of people earn $300,000 or more

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am i middle class

$80,365 $120,560 $241,120

City

$49,288 $73,940 $147,880

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.

Valley Ridge median earnings by income bracket

Valley Ridge employment by industry

Labour Type	Percent
Construction industry	8.9%
Manufacturing sector	2.9%
Financial & insurance services	2.2%
Wholesale & retail services	10.2%
Public administration	8.4%
Transportation, warehousing & utilities	4.7%
Education, health & social services	17.0%
Other	15.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Logy Bay-Middle Cove-Outer Cove, NL	2,289	$125,000	51.6%
Portugal Cove-St. Philip's, NL	8,634	$119,098	44.5%
Flatrock, NL	1,904	$118,365	43.6%
Torbay, NL	8,388	$116,831	41.7%
Bay Bulls, NL	1,756	$111,999	35.9%
Paradise, NL	23,144	$120,560	46.2%

Cities with similar population

City	Population	Household Income	National Avg.
Leesburg, FL	23,142	n/a
Blue Island, IL	23,160	n/a
Owen Sound, ON	23,125	$61,219	25.7%
Union Hill-Novelty Hill, WA	23,114	n/a
Bluffton, SC	23,176	n/a
Paradise, NL	23,144	$120,560	46.2%

Source: The Valley Ridge, Paradise, NL data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Valley Ridge, Paradise, NL Employment