Welcome to the Townfolio for Lot 55, 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
398
Median Household Income
64,896
Total Visible Minorities
15
Median Age
49.7What is the Median Age of Lot 55, PE?
Lot 55, PE has a median age of 49 years old.
Age
The largest population of Lot 55, PE is the age group between 65 and 69 years old, and the least populated age group is 85+ years old. 64.2% of the population are in the working age group between 15 to 64 years old, while 21.15% 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 45 to 49 years old age cohort exhibits the largest discrepancy with a difference of 10 people between the sexes. Furthermore, majority of the population is between the ages 65 to 69 years old, comprising 11.11 per cent of the population.
Marital Status
Majority of the population are married, making up 55.71 per cent of the population. Having a predominantly married population is highy beneficial to Lot 55, 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 Metis, making up 100.0 per cent of the total aboriginal population.
Household Income
With a population at 398 people, most inhabitants at Lot 55, 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. However, majority are below the 2016 median income of $64,896 per year.
Knowledge Of Official Language
Majority of the population speaks English only, making up 95.0 per cent of the population.
Median Household Income
In Lot 55, PE, the median household income is $64,896 per year. The median household income in Lot 55, PE is lower than the national household median income in 2015.
Visible Minority
The largest visible minority population are that of the South Asian, 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 55, PE is growing at a rate of 0.46% per year over the past 15 years from 2001 to 2016. In the last two census, its unemployment rates grew by 3.1%, an average growth rate of 0.31% 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 55, PE is declining at a rate of 0.75% per year over the past 15 years from 2001 to 2016. In the last two census, its participation rates grew by 0.3%, an average growth rate of 0.03% per year from 2006 to 2016. An increase in participation rate means that higher proportions of people residing in Lot 55, PE are involved in the labour force and contributing to the community's economy.
Employment Rate
Overall, the employment rate in Lot 55, PE is declining at a rate of 0.88% per year over the past 15 years from 2001 to 2016. In the last two census, its employment rates declined by 0.5%, an average decline rate of 0.05% 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)
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
35.29 per cent, which is majority of homes in Lot 55, PE, were constructed between 1961 to 1980. Building and home construction was also brisk before 1960, where 45 homes were built. In between 1981 to 1990, 25 of homes were built too.
Dwellings By Bedroom
51.43%, which is majority of homes in Lot 55, PE, have three bedrooms. Homes with two bedrooms are also very popular, with 40 homes built with this number of bedrooms. The third largest category of homes according to number of bedrooms are 4 or more bedrooms representing 17.14 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
88.57%Time Leaving For Work
Majority of commuters in Lot 55, 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 30.56% of respondents, is from 12:00am to 4:59am. However, 40 of commuters still prefer to leave from 6:00am to 6:59am.
Transportation Mode
Majority of commuters, around 155 respondents in Lot 55, PE, are carpooling in a private car, truck, or van to go to work. Moreover, 5.71% 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
Most Popular
Field of Study
Most Popular
Educational Destination
Least Popular
Field of Study
Education
Most people in Lot 55, PE have have completed a high school education. With 120 people, it is what most people in Lot 55, PE completed. Coming in second, 19.12% of inhabitants say they have not completed any certificate. The third largest group are people who have completed an apprenticeship, with 60 people responding.
Field Of Study
Most are in Engineering & related fields with 40 people practicing it in Lot 55, PE. Business, Management & Public Administration is another popular field of expertise, as 22.58% of inhabitants are involved in it. The third group are those who are in Health & related fields, with 35 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 55, PE has 40 people or 25.81% 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.