Penhold, AB Employment - Median Household Income, Unemployment Rate

A-

21%

Household income NAT. AVG.

35%

Unemployment NAT. AVG.

15%

In labour force NAT. AVG.

Index	Penhold	Alberta	National
Median household income	$99,708	$94,624	$82,436
Unemployment rate	4.2%	5.1%	6.4%
In labour force	73.2%	70.9%	63.9%

Key findings

The median household income in Penhold is 21% higher than the national average
The unemployment rate in Penhold is 35% lower than the national average
In Penhold 3.6% of people earn $20,000 or less
In Penhold 15.2% of people earn between $80,000 and $100,000
In Penhold 0.1% of people earn $300,000 or more

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am i middle class

$66,465 $99,708 $199,416

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.

Penhold median earnings by income bracket

Penhold employment by industry

Labour Type	Percent
Construction industry	9.2%
Manufacturing sector	3.7%
Financial & insurance services	2.1%
Wholesale & retail services	11.0%
Public administration	5.8%
Transportation, warehousing & utilities	3.5%
Education, health & social services	11.8%
Other	24.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Norglenwold, AB	299	$254,337	208.5%
Jarvis Bay, AB	209	$211,504	156.6%
Red Deer County, AB	21,767	$107,983	31.0%
Half Moon Bay, AB	45	$100,000	21.3%
Sylvan Lake, AB	16,694	$98,499	19.5%
Penhold, AB	3,849	$99,708	21.0%

Cities with similar population

City	Population	Household Income	National Avg.
Cedarville, OH	3,848	n/a
Saw Creek, PA	3,848	n/a
Crandall, TX	3,848	n/a
Dumas, AR	3,850	n/a
Harbour Heights, FL	3,850	n/a
Penhold, AB	3,849	$99,708	21.0%

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