Petitcodiac, NB Employment - Median Household Income, Unemployment Rate

F

25%

Household income NAT. AVG.

28%

Unemployment NAT. AVG.

7%

In labour force NAT. AVG.

Index	Petitcodiac	New Brunswick	National
Median household income	$61,962	$70,223	$82,436
Unemployment rate	8.2%	5.4%	6.4%
In labour force	59.4%	60.7%	63.9%

Key findings

The median household income in Petitcodiac is 25% lower than the national average
The unemployment rate in Petitcodiac is 28% higher than the national average
In Petitcodiac 10.0% of people earn $20,000 or less
In Petitcodiac 10.8% of people earn between $80,000 and $100,000
In Petitcodiac 0.3% of people earn $300,000 or more

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am i middle class

$41,303 $61,962 $123,924

City

$46,810 $70,223 $140,446

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.

Petitcodiac median earnings by income bracket

Petitcodiac employment by industry

Labour Type	Percent
Construction industry	2.9%
Manufacturing sector	4.7%
Financial & insurance services	2.2%
Wholesale & retail services	12.9%
Public administration	1.8%
Transportation, warehousing & utilities	2.9%
Education, health & social services	7.4%
Other	22.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Coverdale, NB	5,038	$87,285	5.9%
Salisbury, NB	3,589	$68,846	16.5%
Cardwell, NB	1,346	$65,456	20.6%
Havelock, NB	1,036	$60,252	26.9%
Elgin, NB	1,000	$56,345	31.7%
Petitcodiac, NB	1,451	$61,962	24.8%

Cities with similar population

City	Population	Household Income	National Avg.
Babson Park, FL	1,451	n/a
Fosston, MN	1,451	n/a
Franklinville, NC	1,451	n/a
Prosperity, WV	1,451	n/a
Chapais, QC	1,451	$80,088	2.8%
Petitcodiac, NB	1,451	$61,962	24.8%

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