Welcome to the Townfolio for Lot 62, 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
559
Median Household Income
56,064
Total Visible Minorities
N/A
Median Age
41.2What is the Median Age of Lot 62, PE?
Lot 62, PE has a median age of 41 years old.
Age
The largest population of Lot 62, PE is the age group between 15 and 19 years old, and the least populated age group is 85+ years old. 75.45% of the population are in the working age group between 15 to 64 years old, while 10.84% 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 15 to 19 years old age cohort exhibits the largest discrepancy with a difference of 40 people between the sexes. Furthermore, majority of the population is between the ages 15 to 19 years old, comprising 12.39 per cent of the population.
Marital Status
Majority of the population are single, making up 43.14 per cent of the population. With a predominantly single population, it can either mean that more households will either have a single occupant or there will more households with multiple residential tenants in it. Furthermore, expect higher discretionary spending in the community as they spend more compared to their married counterparts. Having more people who are not married also mean more people to meet in the community given the higher availability of personal time.
Household Income
With a population at 559 people, most inhabitants at Lot 62, 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 $56,064 per year.
Knowledge Of Official Language
Majority of the population speaks English only, making up 72.97 per cent of the population.
Median Household Income
In Lot 62, PE, the median household income is $56,064 per year. The median household income in Lot 62, 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
Employment
Rate
Participation
Rate
Unemployment
Rate
Unemployment Rate
Overall, the unemployment rate in Lot 62, PE is declining at a rate of 0.58% per year over the past 15 years from 2001 to 2016. In the last two census, its unemployment rates grew by 19.8%, an average growth rate of 3.96% 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 62, PE is growing at a rate of 0.16% per year over the past 15 years from 2001 to 2016. In the last two census, its participation rates declined by 3.5%, an average growth rate of -0.7% per year from 2011 to 2016. A decrease in participation rate means the proportion of the working population in Lot 62, PE is lower than in the past.
Employment Rate
Overall, the employment rate in Lot 62, PE is growing at a rate of 0.35% per year over the past 15 years from 2001 to 2016. In the last two census, its employment rates declined by 14.6%, an average decline rate of 2.92% 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
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.
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
36.11 per cent, which is majority of homes in Lot 62, PE, were constructed before 1960. Building and home construction was also brisk between 1961 to 1980, where 60 homes were built. In between 1981 to 1990, 20 of homes were built too.
Dwellings By Bedroom
29.73%, which is majority of homes in Lot 62, PE, have two bedrooms. Homes with three bedrooms are also very popular, with 50 homes built with this number of bedrooms. The third largest category of homes according to number of bedrooms are 4 or more bedrooms representing 27.03 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
83.87%Time Leaving For Work
Majority of commuters in Lot 62, 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 27.59% of respondents, is from 12:00am to 4:59am. However, 30 of commuters still prefer to leave from 6:00am to 6:59am.
Transportation Mode
Majority of commuters, around 130 respondents in Lot 62, PE, are carpooling in a private car, truck, or van to go to work. Moreover, 9.68% 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
Most Popular
Field of Study
Most Popular
Educational Destination
Least Popular
Field of Study
Education
Most people in Lot 62, PE have have not completed any certificate. With 95 people, it is what most people in Lot 62, PE completed. Coming in second, 26.98% of inhabitants say they have completed a high school education. The third largest group are people who have completed a university degree, with 55 people responding.
Field Of Study
Most are in Engineering & related fields with 50 people practicing it in Lot 62, PE. Business, Management & Public Administration is another popular field of expertise, as 18.42% of inhabitants are involved in it. The third group are those who are in Health & 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 62, PE has 65 people or 34.21% 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.