Point May, NL Employment - Median Household Income, Unemployment Rate

F

40%

Household income NAT. AVG.

102%

Unemployment NAT. AVG.

36%

In labour force NAT. AVG.

Index	Point May	Newfoundland and Labrador	National
Median household income	$49,664	$73,940	$82,436
Unemployment rate	13.0%	10.8%	6.4%
In labour force	41.0%	57.3%	63.9%

Key findings

The median household income in Point May is 40% lower than the national average
The unemployment rate in Point May is 102% higher than the national average
In Point May 10.1% of people earn $20,000 or less
In Point May 7.9% of people earn between $80,000 and $100,000
In Point May 0.0% of people earn $300,000 or more

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am i middle class

$33,106 $49,664 $99,328

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.

Point May median earnings by income bracket

Point May employment by industry

Labour Type	Percent
Construction industry	6.5%
Manufacturing sector	11.0%
Financial & insurance services	0.0%
Wholesale & retail services	0.0%
Public administration	4.0%
Transportation, warehousing & utilities	0.5%
Education, health & social services	9.5%
Other	9.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Division No. 2, Subd. G, NL	10	$125,000	51.6%
Lamaline, NL	258	$72,838	11.6%
Point au Gaul, NL	79	$69,384	15.8%
Division No. 2, Subd. H, NL	184	$62,878	23.7%
Lord's Cove, NL	147	$53,236	35.4%
Point May, NL	202	$49,664	39.8%

Cities with similar population

City	Population	Household Income	National Avg.
Fairford, AL	202	n/a
Ratcliff, AR	202	n/a
Carrizo, AZ	202	n/a
Greenhorn, CA	202	n/a
Alpine, CO	202	n/a
Point May, NL	202	$49,664	39.8%

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