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

Welcome to the Townfolio for Meadowbank, 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

355

Median Household Income

74,325

Total Visible Minorities

N/A

Median Age

51.9

What is the Median Age of Meadowbank, PE?

Meadowbank, PE has a median age of 51 years old.

Age

The largest population of Meadowbank, PE is the age group between 60 and 64 years old, and the least populated age group is 85+ years old. 61.97% of the population are in the working age group between 15 to 64 years old, while 20.45% 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 65 to 69 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 65 to 69 years old, comprising nan per cent of the population.

Marital Status

Majority of the population are married, making up 60.66 per cent of the population. Having a predominantly married population is highy beneficial to Meadowbank, 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 355 people, most inhabitants at Meadowbank, 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 $74,325 per year.

Knowledge Of Official Language

Majority of the population speaks English only, making up 87.5 per cent of the population.

Median Household Income

In Meadowbank, PE, the median household income is $74,325 per year. The median household income in Meadowbank, PE is greater than the national household median income in 2015.

Period Of Immigration

The largest influx of immigrants to Canada was pre-1981, where 10 people surveyed called Canada their new home.

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

180

Employment
Rate

55.8%

Participation
Rate

62.3%

Unemployment
Rate

10.5%

Unemployment Rate

Overall, the unemployment rate in Meadowbank, PE is declining at a rate of 0.31% per year over the past 15 years from 2001 to 2016. In the last two census, its unemployment rates grew by 1.4%, an average growth rate of 0.14% 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 Meadowbank, PE is declining at a rate of 0.71% per year over the past 15 years from 2001 to 2016. In the last two census, its participation rates declined by 14.8%, an average growth rate of -2.96% per year from 2011 to 2016. A decrease in participation rate means the proportion of the working population in Meadowbank, PE is lower than in the past.

Employment Rate

Overall, the employment rate in Meadowbank, PE is declining at a rate of 0.41% per year over the past 15 years from 2001 to 2016. In the last two census, its employment rates declined by 15.0%, an average decline rate of 3.0% 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 Average Rainfall and more. Data is populated from census, provincial and municipal sources, along with third-party projections.

Average Yearly
Rainfall(mm)

1,170

Average Yearly
Snowfall(cm)

224

Highest Temperature
(Celsius)

31

Lowest Temperature
(Celsius)

-19

Average Rainfall

Umbrellas and raincoats are most handy in the month of October when it rains an average of 110 mm. This is 12.43% of the annual rain experienced in Meadowbank, PE. The month of June is also rainy with an average rainfall of 98.8 mm. Following June is September, when 95.9 mm is the average rainfall.

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

10

Number of
Home Owners

135

Most Popular
Dwelling Size

4 or More Bedrooms

Least Popular
Dwelling Size

1 Bedroom or Less

Construction Period

24.14 per cent, which is majority of homes in Meadowbank, PE, were constructed between 1961 to 1980. Building and home construction was also brisk before 1960, where 30 homes were built. In between 1991 to 2000, 20 of homes were built too.

Dwellings By Bedroom

40.0%, which is majority of homes in Meadowbank, PE, have 4 or more bedrooms. Homes with three bedrooms are also very popular, with 55 homes built with this number of bedrooms. The third largest category of homes according to number of bedrooms are two bedrooms representing 16.67 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

110

Vehicle Drivers

100.00%

Time Leaving For Work

Majority of commuters in Meadowbank, 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 31.03% of respondents, is from 8:00am to 8:59am. However, 20 of commuters still prefer to leave from 6:00am to 6:59am.

Transportation Mode

Majority of commuters, around 145 respondents in Meadowbank, PE, are carpooling in a private car, truck, or van to go to work.

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

Social Sciences

Education

Most people in Meadowbank, PE have have completed a university degree. With 95 people, it is what most people in Meadowbank, PE completed. Coming in second, 19.57% of inhabitants say they have completed a high school education. The third largest group are people who have not completed any certificate, with 35 people responding.

Field Of Study

Most are in Business, Management & Public Administration with 55 people practicing it in Meadowbank, PE. Engineering & related fields is another popular field of expertise, as 25.0% of inhabitants are involved in it. The third group are those who are in Education, with 40 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. Meadowbank, PE has 65 people or 29.55% 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.

Companies

View the Companies tab for information such as and more. Data is populated from census, provincial and municipal sources, along with third-party projections.

Largest Industry
by Business Count

Construction

Smallest Industry
by Business Count

Wholesale

Most Popular
Business Size

1-4 Employees

Least Popular
Business Size

10-19 Employees