"This section provides data and information related to summary for Lot 40, PE summary

Welcome to the Townfolio for Lot 40, PE where you will find a full community profile.
What is Townfolio?  Where does the data come from?  How to use this data  Request more info

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

427

Median Household Income

73,472

Total Visible Minorities

20

Median Age

48.2

What is the Median Age of Lot 40, PE?

Lot 40, PE has a median age of 48 years old.

Age

The largest population of Lot 40, PE is the age group between 55 and 59 years old, and the least populated age group is 85+ years old. 69.77% of the population are in the working age group between 15 to 64 years old, while 20.0% make up the younger population which will be a part of labour force in less than 2 decades.

Gender

Overall, women outnumber men by 5 people. The 0 to 4 years old age cohort exhibits the largest discrepancy with a difference of 5 people between the sexes. Furthermore, majority of the population is between the ages 55 to 59 years old, comprising nan per cent of the population.

Marital Status

Majority of the population are married, making up 57.53 per cent of the population. Having a predominantly married population is highy beneficial to Lot 40, 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 427 people, most inhabitants at Lot 40, 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 $73,472 per year.

Knowledge Of Official Language

Majority of the population speaks English only, making up 94.12 per cent of the population.

Median Household Income

In Lot 40, PE, the median household income is $73,472 per year. The median household income in Lot 40, PE is greater than the national household median income in 2015.

Visible Minority

The largest visible minority population are that of the Black, making up 50.0 per cent of the total visible minority population. The second largest group are the South Asian, making up 10 people.

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

230

Employment
Rate

53.8%

Participation
Rate

64.1%

Unemployment
Rate

16.0%

Unemployment Rate

Overall, the unemployment rate in Lot 40, PE is declining at a rate of 0.36% per year over the past 15 years from 2001 to 2016.

Participation Rate

Overall, the participation rate in Lot 40, PE is declining at a rate of 0.84% per year over the past 15 years from 2001 to 2016. In the last two census, its participation rates declined by 1.6%, an average growth rate of -0.32% per year from 2011 to 2016. A decrease in participation rate means the proportion of the working population in Lot 40, PE is lower than in the past.

Employment Rate

Overall, the employment rate in Lot 40, PE is declining at a rate of 0.52% per year over the past 15 years from 2001 to 2016. In the last two census, its employment rates declined by 10.4%, an average decline rate of 2.08% per year from 2011 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

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)

1,028

Highest Temperature
(Celsius)

31

Lowest Temperature
(Celsius)

-18

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

15

Number of
Home Owners

155

Most Popular
Dwelling Size

3 Bedrooms

Least Popular
Dwelling Size

2 Bedrooms

Construction Period

32.35 per cent, which is majority of homes in Lot 40, PE, were constructed between 1961 to 1980. Building and home construction was also brisk before 1960, where 50 homes were built. In between 1981 to 1990, 35 of homes were built too.

Dwellings By Bedroom

36.36%, which is majority of homes in Lot 40, PE, have three bedrooms. Homes with 4 or more bedrooms are also very popular, with 60 homes built with this number of bedrooms. The third largest category of homes according to number of bedrooms are two bedrooms representing 27.27 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

10

Vehicle Drivers

87.18%

Time Leaving For Work

Majority of commuters in Lot 40, 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 20.51% of respondents, is from 6:00am to 6:59am. However, 20 of commuters still prefer to leave from 12:00am to 4:59am.

Transportation Mode

Majority of commuters, around 170 respondents in Lot 40, PE, are carpooling in a private car, truck, or van to go to work. Moreover, 7.69% of respondents say that they prefer driving alone in a private car, truck, or van. The third most popular means of transportation is riding a bicycle 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

University

Most Popular
Field of Study

Business Admin

Most Popular
Educational Destination

Canada

Least Popular
Field of Study

Humanities

Education

Most people in Lot 40, PE have have completed a university degree. With 100 people, it is what most people in Lot 40, PE completed. Coming in second, 26.15% of inhabitants say they have not completed any certificate. The third largest group are people who have completed a high school education, with 75 people responding.

Field Of Study

Most are in Business, Management & Public Administration with 80 people practicing it in Lot 40, PE. Education is another popular field of expertise, as 12.5% of inhabitants are involved in it. The third group are those who are in Engineering & related fields, with 25 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 40, PE has 45 people or 18.75% 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.