Placentia, NL Employment - Median Household Income, Unemployment Rate

F

20%

Household income NAT. AVG.

87%

Unemployment NAT. AVG.

16%

In labour force NAT. AVG.

Index	Placentia	Newfoundland and Labrador	National
Median household income	$65,984	$73,940	$82,436
Unemployment rate	12.0%	10.8%	6.4%
In labour force	53.6%	57.3%	63.9%

Key findings

The median household income in Placentia is 20% lower than the national average
The unemployment rate in Placentia is 87% higher than the national average
In Placentia 11.3% of people earn $20,000 or less
In Placentia 9.5% of people earn between $80,000 and $100,000
In Placentia 2.3% of people earn $300,000 or more

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am i middle class

$43,984 $65,984 $131,968

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.

Placentia median earnings by income bracket

Placentia employment by industry

Labour Type	Percent
Construction industry	9.5%
Manufacturing sector	3.6%
Financial & insurance services	0.2%
Wholesale & retail services	7.9%
Public administration	3.5%
Transportation, warehousing & utilities	4.1%
Education, health & social services	9.7%
Other	13.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Division No. 1, Subd. B, NL	389	$61,341	25.6%
Fox Harbour, NL	243	$51,190	37.9%
Long Harbour-Mount Arlington Heights, NL	246	$49,633	39.8%
Placentia, NL	3,442	$65,984	20.0%

Cities with similar population

City	Population	Household Income	National Avg.
Central Park, WA	3,442	n/a
Saint-Jean-Port-Joli, QC	3,441	$61,878	24.9%
Brentwood, MD	3,443	n/a
Park View, IA	3,444	n/a
Virden, IL	3,444	n/a
Placentia, NL	3,442	$65,984	20.0%

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