"This section provides data and information related to summary for Lot 60, PE summary

Welcome to the Townfolio for Lot 60, 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

307

Median Household Income

56,192

Total Visible Minorities

N/A

Median Age

51.3

What is the Median Age of Lot 60, PE?

Lot 60, PE has a median age of 51 years old.

Age

The largest population of Lot 60, PE is the age group between 65 and 69 years old, and the least populated age group is 85+ years old. 62.3% of the population are in the working age group between 15 to 64 years old, while 23.68% make up the younger population which will be a part of labour force in less than 2 decades.

Gender

Overall, women outnumber men by 45 people. The 5 to 9 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 65 to 69 years old, comprising nan per cent of the population.

Marital Status

Majority of the population are married, making up 57.69 per cent of the population. Having a predominantly married population is highy beneficial to Lot 60, 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 307 people, most inhabitants at Lot 60, 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 $56,192 per year.

Knowledge Of Official Language

Majority of the population speaks English only, making up 90.32 per cent of the population.

Median Household Income

In Lot 60, PE, the median household income is $56,192 per year. The median household income in Lot 60, 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

175

Employment
Rate

50.8%

Participation
Rate

65.6%

Unemployment
Rate

22.5%

Unemployment Rate

Overall, the unemployment rate in Lot 60, PE is declining at a rate of 0.03% per year over the past 15 years from 2001 to 2016. In the last two census, its unemployment rates grew by 18.1%, an average growth rate of 3.62% 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 60, PE is declining at a rate of 0.2% per year over the past 15 years from 2001 to 2016. In the last two census, its participation rates declined by 16.2%, an average growth rate of -3.24% per year from 2011 to 2016. A decrease in participation rate means the proportion of the working population in Lot 60, PE is lower than in the past.

Employment Rate

Overall, the employment rate in Lot 60, PE is declining at a rate of 0.01% per year over the past 15 years from 2001 to 2016. In the last two census, its employment rates declined by 27.4%, an average decline rate of 5.48% 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.

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

140

Most Popular
Dwelling Size

3 Bedrooms

Least Popular
Dwelling Size

1 Bedroom or Less

Construction Period

34.38 per cent, which is majority of homes in Lot 60, PE, were constructed before 1960. Building and home construction was also brisk between 1961 to 1980, where 40 homes were built. In between 1981 to 1990, 20 of homes were built too.

Dwellings By Bedroom

43.33%, which is majority of homes in Lot 60, PE, have three bedrooms. Homes with 4 or more bedrooms are also very popular, with 45 homes built with this number of bedrooms. The third largest category of homes according to number of bedrooms are two bedrooms representing 20.0 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

5:00AM - 5:59AM

Residents Who
Work Locally

50

Vehicle Drivers

81.82%

Time Leaving For Work

Majority of commuters in Lot 60, PE leave their homes from 5:00am to 5:59am, saying that it's enough time to get to work. The second most popular time to head to work, with 18.18% of respondents, is from 6:00am to 6:59am. However, 20 of commuters still prefer to leave from 7:00am to 7:59am.

Transportation Mode

Majority of commuters, around 90 respondents in Lot 60, PE, are carpooling in a private car, truck, or van to go to work. Moreover, 9.09% 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 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

Visual Arts

Education

Most people in Lot 60, PE have have completed a high school education. With 95 people, it is what most people in Lot 60, PE completed. Coming in second, 26.53% of inhabitants say they have completed a university degree. The third largest group are people who have not completed any certificate, with 55 people responding.

Field Of Study

Most are in Health & related fields with 30 people practicing it in Lot 60, 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 Social Sciences & Law, with 20 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 60, PE has 20 people or 12.5% 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.