West Cove, AB Employment - Median Household Income, Unemployment Rate

A-

16%

Household income NAT. AVG.

52%

Unemployment NAT. AVG.

1%

In labour force NAT. AVG.

Index	West Cove	Alberta	National
Median household income	$95,990	$94,624	$82,436
Unemployment rate	3.1%	5.1%	6.4%
In labour force	63.1%	70.9%	63.9%

Key findings

The median household income in West Cove is 16% higher than the national average
The unemployment rate in West Cove is 52% lower than the national average
In West Cove 3.1% of people earn $20,000 or less
In West Cove 12.5% of people earn between $80,000 and $100,000
In West Cove 4.7% of people earn $300,000 or more

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am i middle class

$63,986 $95,990 $191,980

City

$63,076 $94,624 $189,248

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.

West Cove median earnings by income bracket

West Cove employment by industry

Labour Type	Percent
Construction industry	12.3%
Manufacturing sector	0.0%
Financial & insurance services	5.4%
Wholesale & retail services	23.8%
Public administration	0.8%
Transportation, warehousing & utilities	0.0%
Education, health & social services	3.1%
Other	12.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Kapasiwin, AB	10	$200,000	142.6%
Wabamun 133B, AB	41	$176,334	113.9%
Point Alison, AB	9	$137,500	66.8%
Betula Beach, AB	20	$137,500	66.8%
Lakeview, AB	34	$131,841	59.9%
West Cove, AB	156	$95,990	16.4%

Cities with similar population

City	Population	Household Income	National Avg.
Winthrop, AR	156	n/a
Kirkwood, CA	156	n/a
Philo, CA	156	n/a
Rowan, IA	156	n/a
Kirwin, KS	156	n/a
West Cove, AB	156	$95,990	16.4%

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