Top Industries in Island Lake
Island Lake is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Island Lake include:
Healthcare
Healthcare remains a cornerstone of Island Lake's economy, with ongoing demand for medical professionals and support staff. The expansion of local healthcare facilities is driving job growth in this sector.
Range: $50-$120k
Growth rate: 5% annually
Education
The education sector in Island Lake is growing, with new opportunities for teachers and administrative staff. Local schools and educational programs are expanding to meet community needs.
Range: $40-$90k
Growth rate: 4% annually
Local Services
Local services, including retail and hospitality, are vital to Island Lake's economy, offering numerous entry-level and managerial positions. This sector is essential for supporting the community's daily needs.
Range: $30-$70k
Growth rate: 3% annually
Employment Trends and Growth Rates
Island Lake is witnessing steady employment trends, with healthcare and education sectors leading job growth.
The local job market is characterized by a low turnover rate, reflecting stable employment conditions.
Income inequality is less pronounced in Island Lake compared to larger urban centers, contributing to a balanced economic environment.
Job Market for Remote and Freelance Workers in Island Lake
Remote work is gaining traction in Island Lake, with approximately 20% of the workforce engaged in remote roles, particularly in tech and administrative positions.
Local companies are increasingly offering remote work options to attract talent from broader regions.
The trend towards remote work is expected to continue growing, aligning with national patterns.
Job Resources and Networking
Island Lake offers several job resources, including local job boards and career fairs, to assist job seekers.
The Island Lake Career Center provides workshops and job placement programs to support residents.
For national opportunities, platforms like Indeed, LinkedIn, and Glassdoor are valuable resources.
Property Prices Rankings
The Property Prices Rankings for Canada evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025