Welcome to the Townfolio for Lot 24, 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
1,735
Median Household Income
64,896
Total Visible Minorities
10
Median Age
46.4What is the Median Age of Lot 24, PE?
Lot 24, PE has a median age of 46 years old.
Age
The largest population of Lot 24, PE is the age group between 55 and 59 years old, and the least populated age group is 85+ years old. 64.83% of the population are in the working age group between 15 to 64 years old, while 26.46% make up the younger population which will be a part of labour force in less than 2 decades.
Gender
Overall, women outnumber men by 30 people. The 70 to 74 years old age cohort exhibits the largest discrepancy with a difference of 15 people between the sexes. Furthermore, majority of the population is between the ages 55 to 59 years old, comprising 9.83 per cent of the population.
Marital Status
Majority of the population are married, making up 61.19 per cent of the population. Having a predominantly married population is highy beneficial to Lot 24, 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.
Aboriginal Identification
The largest aboriginal population are that of the First Nations, making up 100.0 per cent of the total aboriginal population.
Household Income
With a population at 1,735 people, most inhabitants at Lot 24, 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. Most are also above the 2,016 national median income of $64,896 per year.
Knowledge Of Official Language
Majority of the population speaks English only, making up 83.86 per cent of the population.
Median Household Income
In Lot 24, PE, the median household income is $64,896 per year. The median household income in Lot 24, PE is lower than the national household median income in 2015.
Visible Minority
The largest visible minority population are that of the Arab, making up 100.0 per cent of the total visible minority population.
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
Employment
Rate
Participation
Rate
Unemployment
Rate
Unemployment Rate
Overall, the unemployment rate in Lot 24, PE is declining at a rate of 0.07% per year over the past 15 years from 2001 to 2016. In the last two census, its unemployment rates grew by 6.9%, an average growth rate of 0.69% per year from 2006 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 24, PE is growing at a rate of 0.23% per year over the past 15 years from 2001 to 2016. In the last two census, its participation rates declined by 2.9%, an average growth rate of -0.29% per year from 2006 to 2016. A decrease in participation rate means the proportion of the working population in Lot 24, PE is lower than in the past.
Employment Rate
Overall, the employment rate in Lot 24, PE is growing at a rate of 0.29% per year over the past 15 years from 2001 to 2016. In the last two census, its employment rates declined by 7.1%, an average decline rate of 0.71% per year from 2006 to 2016. Further decrease in employment rates signals a negative economic condition in the community with job seekers not finding employment.
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
Federal Small
Business Corporate
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)
Average Yearly
Snowfall(cm)
Highest Temperature
(Celsius)
Lowest Temperature
(Celsius)
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
Number of
Home Owners
Most Popular
Dwelling Size
Least Popular
Dwelling Size
Construction Period
21.53 per cent, which is majority of homes in Lot 24, PE, were constructed before 1960. Building and home construction was also brisk between 1961 to 1980, where 130 homes were built. In between 1991 to 2000, 130 of homes were built too.
Dwellings By Bedroom
39.16%, which is majority of homes in Lot 24, PE, have three bedrooms. Homes with 4 or more bedrooms are also very popular, with 205 homes built with this number of bedrooms. The third largest category of homes according to number of bedrooms are two bedrooms representing 25.87 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
Busiest Time
On Roads
Residents Who
Work Locally
Vehicle Drivers
94.52%Time Leaving For Work
Majority of commuters in Lot 24, 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 15.54% of respondents, is from 6:00am to 6:59am. However, 95 of commuters still prefer to leave from 8:00am to 8:59am.
Transportation Mode
Majority of commuters, around 690 respondents in Lot 24, PE, are carpooling in a private car, truck, or van to go to work. Moreover, 3.42% of respondents say that they prefer driving alone in a private car, truck, or van. The third most popular means of transportation is walking with 15 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
Most Popular
Field of Study
Most Popular
Educational Destination
Least Popular
Field of Study
Education
Most people in Lot 24, PE have have completed a high school education. With 375 people, it is what most people in Lot 24, PE completed. Coming in second, 24.02% of inhabitants say they have completed a university degree. The third largest group are people who have not completed any certificate, with 220 people responding.
Field Of Study
Most are in Business, Management & Public Administration with 235 people practicing it in Lot 24, PE. Engineering & related fields is another popular field of expertise, as 22.75% of inhabitants are involved in it. The third group are those who are in Health & related fields, with 115 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 24, PE has 245 people or 29.34% 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.