Weldford, NB Employment - Median Household Income, Unemployment Rate

F

31%

Household income NAT. AVG.

19%

Unemployment NAT. AVG.

18%

In labour force NAT. AVG.

Index	Weldford	New Brunswick	National
Median household income	$57,165	$70,223	$82,436
Unemployment rate	7.6%	5.4%	6.4%
In labour force	52.2%	60.7%	63.9%

Key findings

The median household income in Weldford is 31% lower than the national average
The unemployment rate in Weldford is 19% higher than the national average
In Weldford 12.5% of people earn $20,000 or less
In Weldford 9.6% of people earn between $80,000 and $100,000
In Weldford 0.2% of people earn $300,000 or more

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am i middle class

$38,106 $57,165 $114,330

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.

Weldford median earnings by income bracket

Weldford employment by industry

Labour Type	Percent
Construction industry	6.9%
Manufacturing sector	6.4%
Financial & insurance services	0.9%
Wholesale & retail services	5.7%
Public administration	1.1%
Transportation, warehousing & utilities	3.8%
Education, health & social services	10.3%
Other	16.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Saint-Louis, NB	1,885	$73,068	11.4%
Saint-Charles, NB	2,062	$72,127	12.5%
Saint Mary, NB	2,046	$71,478	13.3%
Richibucto, NB	1,891	$68,578	16.8%
Rexton, NB	875	$67,102	18.6%
Weldford, NB	1,423	$57,165	30.7%

Cities with similar population

City	Population	Household Income	National Avg.
Laverne, OK	1,423	n/a
Honaker, VA	1,423	n/a
Lake Caroline, VA	1,423	n/a
The Galena Territory, IL	1,424	n/a
Princes Lakes, IN	1,424	n/a
Weldford, NB	1,423	$57,165	30.7%

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