Waterford, NB Employment - Median Household Income, Unemployment Rate

D

17%

Household income NAT. AVG.

25%

Unemployment NAT. AVG.

11%

In labour force NAT. AVG.

Index	Waterford	New Brunswick	National
Median household income	$68,287	$70,223	$82,436
Unemployment rate	4.8%	5.4%	6.4%
In labour force	57.0%	60.7%	63.9%

Key findings

The median household income in Waterford is 17% lower than the national average
The unemployment rate in Waterford is 25% lower than the national average
In Waterford 7.3% of people earn $20,000 or less
In Waterford 12.2% of people earn between $80,000 and $100,000
In Waterford 1.0% of people earn $300,000 or more

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am i middle class

$45,520 $68,287 $136,574

City

$46,810 $70,223 $140,446

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.

Waterford median earnings by income bracket

Waterford employment by industry

Labour Type	Percent
Construction industry	7.7%
Manufacturing sector	6.5%
Financial & insurance services	0.0%
Wholesale & retail services	9.6%
Public administration	0.5%
Transportation, warehousing & utilities	0.2%
Education, health & social services	11.8%
Other	20.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Sussex, NB	2,551	$75,567	8.3%
Hammond, NB	237	$71,966	12.7%
Studholm, NB	3,528	$71,651	13.1%
Sussex Corner, NB	1,454	$70,656	14.3%
Cardwell, NB	1,346	$65,456	20.6%
Waterford, NB	479	$68,287	17.2%

Cities with similar population

City	Population	Household Income	National Avg.
Altona, CO	479	n/a
Lisbon, FL	479	n/a
McCallsburg, IA	479	n/a
Otho, IA	479	n/a
Salix, IA	479	n/a
Waterford, NB	479	$68,287	17.2%

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