Torbay, NL Employment - Median Household Income, Unemployment Rate

A

42%

Household income NAT. AVG.

43%

Unemployment NAT. AVG.

6%

In labour force NAT. AVG.

Index	Torbay	Newfoundland and Labrador	National
Median household income	$116,831	$73,940	$82,436
Unemployment rate	9.2%	10.8%	6.4%
In labour force	67.5%	57.3%	63.9%

Key findings

The median household income in Torbay is 42% higher than the national average
The unemployment rate in Torbay is 43% higher than the national average
In Torbay 5.0% of people earn $20,000 or less
In Torbay 9.9% of people earn between $80,000 and $100,000
In Torbay 5.9% of people earn $300,000 or more

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am i middle class

$77,879 $116,831 $233,662

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.

Torbay median earnings by income bracket

Torbay employment by industry

Labour Type	Percent
Construction industry	6.2%
Manufacturing sector	3.1%
Financial & insurance services	1.7%
Wholesale & retail services	10.0%
Public administration	7.3%
Transportation, warehousing & utilities	4.0%
Education, health & social services	14.7%
Other	19.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Logy Bay-Middle Cove-Outer Cove, NL	2,289	$125,000	51.6%
Paradise, NL	23,144	$120,560	46.2%
Portugal Cove-St. Philip's, NL	8,634	$119,098	44.5%
Flatrock, NL	1,904	$118,365	43.6%
Conception Bay South, NL	26,497	$99,956	21.3%
Torbay, NL	8,388	$116,831	41.7%

Cities with similar population

City	Population	Household Income	National Avg.
Warrenton, MO	8,388	n/a
Brooksville, FL	8,384	n/a
Half Moon, NC	8,384	n/a
Hillsboro, TX	8,384	n/a
Calumet Park, IL	8,383	n/a
Torbay, NL	8,388	$116,831	41.7%

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