Parson's Pond, NL Employment - Median Household Income, Unemployment Rate

F

48%

Household income NAT. AVG.

154%

Unemployment NAT. AVG.

28%

In labour force NAT. AVG.

Index	Parson's Pond	Newfoundland and Labrador	National
Median household income	$42,740	$73,940	$82,436
Unemployment rate	16.3%	10.8%	6.4%
In labour force	46.3%	57.3%	63.9%

Key findings

The median household income in Parson's Pond is 48% lower than the national average
The unemployment rate in Parson's Pond is 154% higher than the national average
In Parson's Pond 14.4% of people earn $20,000 or less
In Parson's Pond 9.2% of people earn between $80,000 and $100,000
In Parson's Pond 0.7% of people earn $300,000 or more

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am i middle class

$28,490 $42,740 $85,480

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.

Parson's Pond median earnings by income bracket

Parson's Pond employment by industry

Labour Type	Percent
Construction industry	4.4%
Manufacturing sector	3.7%
Financial & insurance services	0.0%
Wholesale & retail services	3.7%
Public administration	0.0%
Transportation, warehousing & utilities	3.4%
Education, health & social services	9.9%
Other	16.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Daniel's Harbour, NL	239	$71,015	13.9%
Cow Head, NL	376	$61,452	25.5%
Division No. 9, Subd. H, NL	153	$60,000	27.2%
St. Pauls, NL	235	$55,807	32.3%
Parson's Pond, NL	320	$42,740	48.2%

Cities with similar population

City	Population	Household Income	National Avg.
Sand City, CA	320	n/a
Limestone, FL	320	n/a
Epworth, GA	320	n/a
Silver City, IA	320	n/a
Ewing, IL	320	n/a
Parson's Pond, NL	320	$42,740	48.2%

Source: The Parson's Pond, NL data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.