Canada's largest metropolitan area is Toronto, in Ontario. In 2022. Over 6.6 million people were living in the Toronto metropolitan area. Montréal, in Quebec, followed with about 4.4 million inhabitants, while Vancouver, in Britsh Columbia, counted 2.8 million people as of 2022.

Estimated number of persons by quarter of a year and by year, Canada, provinces and territories.

Estimated number of persons on July 1, by 5-year age groups and gender, and median age, for Canada, provinces and territories.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Ontario: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 1,597(3.03%) households where the householder is under 25 years old, 21,111(40.09%) households with a householder aged between 25 and 44 years, 20,176(38.31%) households with a householder aged between 45 and 64 years, and 9,780(18.57%) households where the householder is over 65 years old.
• The age group of 45 to 64 years exhibits the highest median household income, while the largest number of households falls within the 25 to 44 years bracket. This distribution hints at economic disparities within the city of Ontario, showcasing varying income levels among different age demographics.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Ontario median household income by age. You can refer the same here

Within two decades, the female population of the city of Toronto, in the Canadian province of Ontario, increased by around ** percent, and the male population by more than ** percent. Indeed, there were about **** million women and *** million men in Toronto in 2001, and four million women and **** million men in 2022. In 2022, Toronto was the largest metropolitan area in Canada in terms of population, ahead of Montreal, Quebec, and Vancouver, British Columbia.

In 2022, Canada had a population density of about 4.43 people per square kilometer. The country has one of the lowest population densities in the world, as the total population is very small in relation to the dimensions of the land. Canada has a relatively stable population size, consistently with a growth of around one percent compared to the previous year. A small population in a large territory In terms of total area, Canada is the second largest country in the world. Its ten provinces and three territories extend from the Pacific to the Atlantic and northward to the Arctic Ocean, and this in total covers about 9.9 million square miles. The most densely populated area of Canada is what’s known as the Quebec City-Windsor Corridor in the provinces of Quebec and Ontario. Canada has a degree of urbanization of around 81 percent, because most Canadians prefer to live in cities where opportunities for work and leisure are in close proximity to each other and conditions are less rough.

The house price for Ontario is forecast to increase slightly in 2025, after declining by six percent in 2023. From roughly 872,312 Canadian dollars, the average house price in Canada's second most expensive province for housing is expected to rise to 881,039 Canadian dollars in 2025. After British Columbia, Ontario is Canada's most expensive province for housing. Ontario Ontario is the most populated province in Canada, located on the eastern-central side of the country. It is an English speaking province. To the south, it borders American states Minnesota, Michigan, Ohio, Pennsylvania, and New York. Its provincial capital and largest city is Toronto. It is also home to Canada’s national capital, Ottawa. Furthermore, a large part of Ontario’s economy comes from manufacturing, as it is the leading manufacturing province in Canada. The population of Ontario has been steadily increasing since 2000. The population in 2023 was an estimated 15.6 million people. The median total family income in 2022 came to 101,920 Canadian dollars. Ontario housing market The number of housing units sold in Ontario is projected to rise until 2025. Additionally, the average home prices in Ontario have significantly increased since 2007.

Annual population estimates as of July 1st, by census metropolitan area and census agglomeration, single year of age, five-year age group and gender, based on the Standard Geographical Classification (SGC) 2021.

In 2023, the Canadian province of Newfoundland and Labrador had the highest unemployment rate in Canada. That year, it had a ten percent unemployment rate. In comparison, Québec had the lowest unemployment rate at 4.5 percent.

Nunavut

Nunavut is the largest and most northern province of Canada. Their economy is powered by many industries which include mining, oil, gas, hunting, fishing, and transportation. They have a high amount of mineral resources and many of their jobs come from mining, however, the territory still suffers from a high unemployment rate, which has fluctuated since 2004. The lack of necessary education, skills, and mobility are all factors that play a part in unemployment. Most of the population identifies as Inuit. Their official languages include English, French, and several Inuit languages. The capital is Iqaluit, which is their largest community and only city. The climate in Nunavut is a polar climate due to its high latitude, and as a result, it rarely goes above 50 degrees Fahrenheit.

Unemployment in Canada

The unemployment rate in Canada had been decreasing since 2009, but increased to 9.7 percent in 2020 due to the impact of the coronavirus pandemic. Since 2006, landed immigrants have faced higher unemployment rates compared to those born in Canada. Youth unemployment in Canada has fluctuated since 1998, but has always remained in the double digits. Additionally, the average duration of unemployment in Canada in 2023 was about 17.4 weeks.