Lakefield, ON Employment - Median Household Income, Unemployment Rate

B-

8%

Household income NAT. AVG.

76%

Unemployment NAT. AVG.

42%

In labour force NAT. AVG.

Index	Lakefield	Selwyn	Ontario
Median household income	$76,124	$92,934	$87,353
Unemployment rate	1.6%	2.3%	4.2%
In labour force	37.0%	52.8%	61.7%

Key findings

The median household income in Lakefield is 8% lower than the national average
The unemployment rate in Lakefield is 76% lower than the national average
In Lakefield 9.7% of people earn $20,000 or less
In Lakefield 11.1% of people earn between $80,000 and $100,000
In Lakefield 0.8% of people earn $300,000 or more

Compare Selwyn, ON Employment

Best Places for Employment in and Around Lakefield

See all the best places to live around Lakefield

Write a review to give others more information about this area.

See all Lakefield poll results

am i middle class

$61,949 $92,934 $185,868

City

$58,229 $87,353 $174,706

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.

Lakefield median earnings by income bracket

Lakefield employment by industry

Labour Type	Percent
Construction industry	4.4%
Manufacturing sector	2.2%
Financial & insurance services	0.3%
Wholesale & retail services	4.9%
Public administration	1.3%
Transportation, warehousing & utilities	1.3%
Education, health & social services	10.2%
Other	12.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Otonabee-South Monaghan, ON	7,229	$96,275	16.8%
Douro-Dummer, ON	6,892	$93,589	13.5%
Asphodel-Norwood, ON	3,968	$79,004	4.2%
Peterborough, ON	89,500	$67,121	18.6%
Curve Lake First Nation 35, ON	1,098	$45,422	44.9%
Selwyn, ON	17,047	$92,934	12.7%

Cities with similar population

City	Population	Household Income	National Avg.
East Cleveland, OH	17,047	n/a
Pinewood, FL	17,044	n/a
Winder, GA	17,054	n/a
Neabsco, VA	17,038	n/a
Mount Pleasant, TX	17,058	n/a
Selwyn, ON	17,047	$92,934	12.7%

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

Lakefield, Selwyn, ON Employment