Parkers Cove, NL Employment - Median Household Income, Unemployment Rate

F

32%

Household income NAT. AVG.

54%

Unemployment NAT. AVG.

33%

In labour force NAT. AVG.

Index	Parkers Cove	Newfoundland and Labrador	National
Median household income	$56,327	$73,940	$82,436
Unemployment rate	9.9%	10.8%	6.4%
In labour force	42.9%	57.3%	63.9%

Key findings

The median household income in Parkers Cove is 32% lower than the national average
The unemployment rate in Parkers Cove is 54% higher than the national average
In Parkers Cove 7.5% of people earn $20,000 or less
In Parkers Cove 7.5% of people earn between $80,000 and $100,000
In Parkers Cove 1.1% of people earn $300,000 or more

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am i middle class

$37,547 $56,327 $112,654

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.

Parkers Cove median earnings by income bracket

Parkers Cove employment by industry

Labour Type	Percent
Construction industry	7.1%
Manufacturing sector	7.6%
Financial & insurance services	0.0%
Wholesale & retail services	6.6%
Public administration	0.0%
Transportation, warehousing & utilities	6.6%
Education, health & social services	10.4%
Other	4.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
St. Bernard's-Jacques Fontaine, NL	417	$79,023	4.1%
Division No. 2, Subd. I, NL	132	$60,000	27.2%
Division No. 2, Subd. C, NL	548	$58,933	28.5%
Rushoon, NL	213	$55,137	33.1%
Red Harbour, NL	188	$53,875	34.6%
Parkers Cove, NL	224	$56,327	31.7%

Cities with similar population

City	Population	Household Income	National Avg.
Brookside, CO	224	n/a
Jansen, CO	224	n/a
Ebro, FL	224	n/a
Victoria, IL	224	n/a
Ewing, KY	224	n/a
Parkers Cove, NL	224	$56,327	31.7%

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