Fredericton experienced the highest population growth of New Brunswick's major cities in the 2011 census at 11.3%!
There are over 322,670 (2006) people living within a 100 km radius of the capital city including Fredericton! The Greater Fredericton Region has a total population of 124,172 (2006), and Fredericton's Census Agglomeration (CA) population in 2011 was 94,268..
Fredericton's population is younger than both the provincial and the national averages according to 2006 census data. The median age is 38.4 years - compared to the Canadian median age of 38.8 years and NB median age of 41.5 years. The City has a comparatively large concentration of citizens in the 20-54 year age cohort.
With four universities, there is a concentration of young students which contributes to a skilled workforce - particularly with respect to information technology, research & development, the life sciences, consulting engineering, aerospace & defence and e-learning employees.
2006 Age Cohorts - Fredericton,CA
In its 2006 Census, Statistics Canada found that 22% of the population was bilingual.
|Population by Knowledge of Official Languages - 2006|
|English and French||18,380||22%|
|Neither French or English||175||0.21%|
|Source: Statistics Canada|
(2002 base year = 100)
Source Statistics Canada Dec 2011
Retail sales - 2012
Estimated at 24% above the national average.
Source: Financial Post Canadian Markets Demographics 2012 Edition
|Income Estimate - 2012|
|Area||Family Income||Household Income|
|Source: Financial Post Canadian Markets Demographics 2012 Edition|
Fredericton is one of the most cost-competitive places to do business on the Eastern Seaboard. Entrepreneurs are driving Fredericton's economy with one business for every fourteen people (KPMG's Competitive Alternatives Study).
"Best City for Business" (Canadian Business Magazine): The Boyd Study ranked Fredericton as the top city offering best value among nine major Canadian cities and Baltimore, Maryland, a low cost American city, when comparing a 500 person businesses occupying 125,000sq.ft. of Class A office space.
Fredericton has a diverse business sector in industries ranging from technology, R&D, education, aerospace & defence, manufacturing, retail and service. Fredericton's government and institutional sectors provide ongoing economic stability being home to: municipal government, the seat of provincial government, and numerous federal government offices, plus four universities.
Distribution of Businesses by NAICS category for Fredericton, CA & Oromocto
(as of January 2012)
|Agriculture, Forestry, Fishing, Hunting& Mining||17|
|Mining, Quarrying and Oil & Gas Extraction||5|
|Finance & Insurance||170|
|Real Estate, Rental & Leasing||192|
|Government (Public Administration)||256|
|Arts, Entertainment & Recreation||174|
|Transportation & Warehousing||178|
|Health Care & Social Assistance||460|
|Adm. & Support, Waste Management & Remediation Services||440|
|Professional, Scientific and Technical Services||563|
|Accommodation & Foodservices||308|
|Management of Companies & Enterprises||132|
|Other Services (Except Public Administration)||754|
(including 373 in Oromocto) TOTAL
|Source: Canada New Brunswick Business Service Centre (Hoovers-Dun & Bradstreet)|
The largest private sector employers in the City of Fredericton are:
- United Parcel Service 640
- Maple Leaf Homes 400
- Marriott Worldwide Reservation Centre 300
- ADI Ltd. 250
- Wal-Mart (Southside) 250
- Omni Facility Services Canada Corporation 250
- Hamilton-Kennedy Inc. 250
- Skillsoft 250
- York Manor Nursing Home 240
- Barrett Xplore Inc. 240
- Stantec Consulting Ltd. 230
- Delta Fredericton 220
- Wal-Mart (Northside) 200
- Costco 200
The largest public sector/institutional sector employers are:
- River Valley Health Corporation 3600
- Province of New Brunswick in Fredericton 3000 (approx.)
- NB Power 2500
- School District 18 2500
- University of New Brunswick 2500
- City of Fredericton 600
- Service Canada 205
The largest public sector/institutional employer in the outlying Fredericton area:
- CFB Gagetown (Department of National Defence) 6000 employees
|Labour Force Summary|
|Employed Labour Force||23,510||22,185||45,695||27,026||25,362||52,388|
|(*15+yrs and older)||
2012 Estimates-FP Data
Salaries and Wages
The New Brunswick Minimum wage is $10.00per hour as of April 2012.
Well-Educated Labour Force
Fredericton has the 4th highest university-educated population in the entire country at 31%! (2006 Census), and is home to four universities!