"This section provides data and information related to summary for Lot 3, PE summary

Welcome to the Townfolio for Lot 3, PE where you will find a full community profile.
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Demographics

View the Demographics tab for information such as Median Age, Age and more. Data is populated from census, provincial and municipal sources, along with third-party projections.

Total Population

774

Median Household Income

68,949

Total Visible Minorities

N/A

Median Age

43.1

What is the Median Age of Lot 3, PE?

Lot 3, PE has a median age of 43 years old.

Age

The largest population of Lot 3, PE is the age group between 50 and 54 years old, and the least populated age group is 85+ years old. 69.08% of the population are in the working age group between 15 to 64 years old, while 23.81% make up the younger population which will be a part of labour force in less than 2 decades.

Gender

Overall, there is no significant difference between the numbers of men and women. The 10 to 14 years old age cohort exhibits the largest discrepancy with a difference of 20 people between the sexes. Furthermore, majority of the population is between the ages 50 to 54 years old, comprising 9.55 per cent of the population.

Marital Status

Majority of the population are married, making up 59.69 per cent of the population. Having a predominantly married population is highy beneficial to Lot 3, PE as married couples usually bring in larger incomes, higher net worth and gains on average. They also help boost the community's liveliness and labour force, as they are most likely to bear children and create the best economic conditions for them. Furthermore, this group also spends more compared to most of their counterparts.

Household Income

With a population at 774 people, most inhabitants at Lot 3, PE are above the low income cut-off, or the income a person must earn to be considered to be part of the low income group. Majority are also above the 2,016 national median income of $68,949 per year.

Knowledge Of Official Language

Majority of the population speaks English only, making up 87.58 per cent of the population.

Median Household Income

In Lot 3, PE, the median household income is $68,949 per year. The median household income in Lot 3, PE is lower than the national household median income in 2015.

Labour Force

View the Labour Force tab for information such as Unemployment Rate, Participation Rate and more. Data is populated from census, provincial and municipal sources, along with third-party projections.

Total Labour
Force

465

Employment
Rate

58.3%

Participation
Rate

79.1%

Unemployment
Rate

26.4%

Unemployment Rate

Overall, the unemployment rate in Lot 3, PE is growing at a rate of 0.99% per year over the past 15 years from 2001 to 2016. In the last two census, its unemployment rates grew by 8.2%, an average growth rate of 1.64% per year from 2011 to 2016. A growing unemployment rate signals that there is a higher level of competition between job applicants so obtaining a job becomes more difficult.

Participation Rate

Overall, the participation rate in Lot 3, PE is growing at a rate of 0.37% per year over the past 15 years from 2001 to 2016. In the last two census, its participation rates grew by 9.9%, an average growth rate of 1.98% per year from 2011 to 2016. An increase in participation rate means that higher proportions of people residing in Lot 3, PE are involved in the labour force and contributing to the community's economy.

Employment Rate

Overall, the employment rate in Lot 3, PE is declining at a rate of 0.45% per year over the past 15 years from 2001 to 2016. In the last two census, its employment rates grew by 1.7%, an average growth rate of 0.34% per year from 2011 to 2016. A growing employment rate reflects positive economic conditions in the community, , and implies that people looking for a job are getting matched to an employer.

Taxation

View the Taxation tab for information such as and more. Data is populated from census, provincial and municipal sources, along with third-party projections.

Federal General
Corporate Tax

15

Federal Small
Business Corporate

9

Quality of Life

View the Quality of Life tab for information such as and more. Data is populated from census, provincial and municipal sources, along with third-party projections.

Average Yearly
Rainfall(mm)

124

Average Yearly
Snowfall(cm)

124

Real Estate

View the Real Estate tab for information such as Construction Period, Dwellings By Bedroom and more. Data is populated from census, provincial and municipal sources, along with third-party projections.

Number of
Renters

25

Number of
Home Owners

240

Most Popular
Dwelling Size

3 Bedrooms

Least Popular
Dwelling Size

1 Bedroom or Less

Construction Period

26.0 per cent, which is majority of homes in Lot 3, PE, were constructed before 1960. Building and home construction was also brisk between 1961 to 1980, where 55 homes were built. In between 1991 to 2000, 45 of homes were built too.

Dwellings By Bedroom

46.3%, which is majority of homes in Lot 3, PE, have three bedrooms. Homes with 4 or more bedrooms are also very popular, with 75 homes built with this number of bedrooms. The third largest category of homes according to number of bedrooms are two bedrooms representing 18.52 per cent of dwellings.

Transportation

View the Transportation tab for information such as Time Leaving For Work, Transportation Mode and more. Data is populated from census, provincial and municipal sources, along with third-party projections.

Most Used
Transportation

Vehicle Driver

Busiest Time
On Roads

7:00AM - 7:59AM

Residents Who
Work Locally

255

Vehicle Drivers

90.77%

Time Leaving For Work

Majority of commuters in Lot 3, PE leave their homes from 7:00am to 7:59am, saying that it's enough time to get to work. The second most popular time to head to work, with 24.62% of respondents, is from 12:00am to 4:59am. However, 55 of commuters still prefer to leave from 8:00am to 8:59am.

Transportation Mode

Majority of commuters, around 295 respondents in Lot 3, PE, are carpooling in a private car, truck, or van to go to work. Moreover, 6.15% of respondents say that they prefer driving alone in a private car, truck, or van. The third most popular means of transportation is using other means of transportation with 10 commuters preferring it.

Education

View the Education tab for information such as Education, Field Of Study and more. Data is populated from census, provincial and municipal sources, along with third-party projections.

Dominant Level
of Education

High School

Most Popular
Field of Study

Health

Most Popular
Educational Destination

Canada

Least Popular
Field of Study

Mathematics

Education

Most people in Lot 3, PE have have completed a high school education. With 175 people, it is what most people in Lot 3, PE completed. Coming in second, 31.68% of inhabitants say they have not completed any certificate. The third largest group are people who have completed a university degree, with 65 people responding.

Field Of Study

Most are in Health & related fields with 55 people practicing it in Lot 3, PE. Engineering & related fields is another popular field of expertise, as 23.26% of inhabitants are involved in it. The third group are those who are in Business, Management & Public Administration, with 40 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Department of Finance confirms that Canada is lagging behind other Organisation for Economic Co-operation and Development (OECD) countries in terms of STEM graduates. Lot 3, PE has 60 people or 27.91% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, provincial and municipal sources, along with third-party projections.