Waterloo, QC Employment - Median Household Income, Unemployment Rate

F

39%

Household income NAT. AVG.

50%

Unemployment NAT. AVG.

17%

In labour force NAT. AVG.

Index	Waterloo	Quebec	National
Median household income	$50,578	$72,311	$82,436
Unemployment rate	3.2%	3.7%	6.4%
In labour force	53.0%	64.3%	63.9%

Key findings

The median household income in Waterloo is 39% lower than the national average
The unemployment rate in Waterloo is 50% lower than the national average
In Waterloo 15.3% of people earn $20,000 or less
In Waterloo 9.5% of people earn between $80,000 and $100,000
In Waterloo 0.2% of people earn $300,000 or more

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am i middle class

$33,715 $50,578 $101,156

City

$48,202 $72,311 $144,622

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.

Waterloo median earnings by income bracket

Waterloo employment by industry

Labour Type	Percent
Construction industry	3.7%
Manufacturing sector	10.8%
Financial & insurance services	1.2%
Wholesale & retail services	7.2%
Public administration	2.3%
Transportation, warehousing & utilities	2.2%
Education, health & social services	7.6%
Other	16.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
East Farnham, QC	588	$95,835	16.3%
Shefford, QC	7,246	$94,073	14.1%
Saint-Alphonse-de-Granby, QC	3,175	$92,223	11.9%
Bromont, QC	10,466	$91,595	11.1%
Austin, QC	1,487	$87,109	5.7%
Waterloo, QC	4,553	$50,578	38.6%

Cities with similar population

City	Population	Household Income	National Avg.
Daytona Beach Shores, FL	4,552	n/a
San Carlos, AZ	4,555	n/a
Ridge Manor, FL	4,555	n/a
Morgan's Point Resort, TX	4,555	n/a
Beattystown, NJ	4,550	n/a
Waterloo, QC	4,553	$50,578	38.6%

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