Terrenceville, NL Employment - Median Household Income, Unemployment Rate

D-

15%

Household income NAT. AVG.

93%

Unemployment NAT. AVG.

30%

In labour force NAT. AVG.

Index	Terrenceville	Newfoundland and Labrador	National
Median household income	$70,239	$73,940	$82,436
Unemployment rate	12.4%	10.8%	6.4%
In labour force	44.6%	57.3%	63.9%

Key findings

The median household income in Terrenceville is 15% lower than the national average
The unemployment rate in Terrenceville is 93% higher than the national average
In Terrenceville 9.7% of people earn $20,000 or less
In Terrenceville 7.6% of people earn between $80,000 and $100,000
In Terrenceville 1.6% of people earn $300,000 or more

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am i middle class

$46,821 $70,239 $140,478

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.

Terrenceville median earnings by income bracket

Terrenceville employment by industry

Labour Type	Percent
Construction industry	15.4%
Manufacturing sector	1.7%
Financial & insurance services	0.0%
Wholesale & retail services	3.0%
Public administration	0.5%
Transportation, warehousing & utilities	5.5%
Education, health & social services	4.7%
Other	13.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
St. Bernard's-Jacques Fontaine, NL	417	$79,023	4.1%
English Harbour East, NL	133	$60,000	27.2%
Division No. 2, Subd. C, NL	548	$58,933	28.5%
Grand le Pierre, NL	211	$54,018	34.5%
Little Bay East, NL	111	$49,511	39.9%
Terrenceville, NL	431	$70,239	14.8%

Cities with similar population

City	Population	Household Income	National Avg.
Fruithurst, AL	431	n/a
Bootjack, CA	431	n/a
Natoma, KS	431	n/a
Lennon, MI	431	n/a
Chamois, MO	431	n/a
Terrenceville, NL	431	$70,239	14.8%

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