The median total income of all families in Ontario increased by 2,370 dollars (+2.38 percent) since the previous year. Therefore, the median total income of all families in Ontario reached a peak in 2022 with 101,920 dollars. Find more key insights for the median total income of all families in countries and regions like number of families receiving employment insurance benefits (Canada), median employment insurance benefits received by persons not in census families (Canada), and median total income of all families (New Brunswick).

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Ontario County. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Ontario County. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Ontario County, householders within the 45 to 64 years age group have the highest median household income at $96,832, followed by those in the 25 to 44 years age group with an income of $92,331. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $60,318. Notably, householders within the under 25 years age group, had the lowest median household income at $49,619.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

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 County median household income by age. You can refer the same here

This statistic depicts the median annual family income in Canada in 2021, distinguished by province. In 2021, the median annual family income in Alberta was 106,960 Canadian dollars.

Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Ontario town: 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 97(2.26%) households where the householder is under 25 years old, 1,282(29.85%) households with a householder aged between 25 and 44 years, 1,590(37.02%) households with a householder aged between 45 and 64 years, and 1,326(30.87%) households where the householder is over 65 years old.
• The age group of 25 to 44 years exhibits the highest median household income, while the largest number of households falls within the 45 to 64 years bracket. This distribution hints at economic disparities within the town of Ontario town, 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 town median household income by age. You can refer the same here

The median annual family income of dual-earner families in Canada increased by 5,520 dollars (+4.99 percent) in 2022 in comparison to the previous year. With 116,110 dollars, the median annual income thereby reached its highest value in the observed period.

Average and median market, total and after-tax income of individuals by visible minority group, Indigenous group and immigration status, Canada and provinces.

This statistic depicts the median annual family income in Canada from 2000 to 2020. In 2020, the median annual family income in Canada was 96,220 Canadian dollars.

Household income statistics by structural type of dwelling (single-detached house, apartments, other attached dwelling) and household type (couple family, lone-parent family, non-census family households) for Canada, provinces and territories, census divisions and census subdivisions.

Families of tax filers; Distribution of total income by census family type and age of older partner, parent or individual (final T1 Family File; T1FF).

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Canadian County, OK (MHICIUBOK40017A052NCEN) from 1989 to 2023 about Canadian County, OK; Oklahoma City; OK; households; median; income; and USA.

The median total income in Canada increased by 1,440 dollars (+3.46 percent) in 2022. With 43,090 dollars, the median total income thereby reached its highest value in the observed period.

In 2022, the median annual family income of couple families in Canada increased by 3,830 dollars (+3.58 percent) since 2021. With 110,850 dollars, the median annual income thereby reached its highest value in the observed period.

Median after-tax income, economic family types.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Ontario, New York, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 24,896, while the mean income for the highest quintile (20% of households with the highest income) is 223,089. This indicates that the top earners earn 9 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 316,336, which is 141.80% higher compared to the highest quintile, and 1270.63% higher compared to the lowest quintile.

Content

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

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

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 town median household income. You can refer the same here

Income statistics by economic family type and income source, annual.

The statistic shows the median income in Canada in 2020, distinguished by province. In 2020, the median income for Canadian tax filers in Ontario amounted to 40,630 Canadian dollars.

All household types in Canada received a higher income after-tax in 2021 than they received in 2019, except for elderly people not in an economic family. This increase was partially due to the higher level of government transfers in 2020.

In 2021, the median income of families with children in Canada increased by 3,030 dollars (+2.76 percent) since 2020. Therefore, the median income in Canada reached a peak in 2021 with 112,720 dollars.

This statistic shows the median annual total income of an individual in Canada from 2000 to 2022, distinguished by gender. In 2022, the median annual income for women tax filers stood at 37,690 Canadian dollars.