Point of Bay, NL Employment - Median Household Income, Unemployment Rate

F

36%

Household income NAT. AVG.

140%

Unemployment NAT. AVG.

33%

In labour force NAT. AVG.

Index	Point of Bay	Newfoundland and Labrador	National
Median household income	$52,561	$73,940	$82,436
Unemployment rate	15.4%	10.8%	6.4%
In labour force	42.7%	57.3%	63.9%

Key findings

The median household income in Point of Bay is 36% lower than the national average
The unemployment rate in Point of Bay is 140% higher than the national average
In Point of Bay 7.0% of people earn $20,000 or less
In Point of Bay 11.3% of people earn between $80,000 and $100,000
In Point of Bay 0.0% of people earn $300,000 or more

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am i middle class

$35,037 $52,561 $105,122

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 of Bay median earnings by income bracket

Point of Bay employment by industry

Labour Type	Percent
Construction industry	5.6%
Manufacturing sector	3.5%
Financial & insurance services	0.0%
Wholesale & retail services	4.2%
Public administration	0.0%
Transportation, warehousing & utilities	6.3%
Education, health & social services	8.4%
Other	14.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Little Burnt Bay, NL	258	$60,512	26.6%
Northern Arm, NL	420	$60,000	27.2%
Lewisporte, NL	3,256	$59,813	27.4%
Division No. 8, Subd. F, NL	913	$54,319	34.1%
Embree, NL	707	$53,376	35.3%
Point of Bay, NL	148	$52,561	36.2%

Cities with similar population

City	Population	Household Income	National Avg.
Billingsley, AL	148	n/a
Turin, IA	148	n/a
Ada, KS	148	n/a
Allen, KY	148	n/a
Fairview city, KY	148	n/a
Point of Bay, NL	148	$52,561	36.2%

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