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

Distribution of total income in constant 2020 dollars by age and gender.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in New Canada town. 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 New Canada town. 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 New Canada town, the median household income stands at $96,442 for householders within the 45 to 64 years age group, followed by $82,031 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $43,750.

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 New Canada town median household income by age. You can refer the same here

This table contains 67200 series, with data for years 1976 - 2011 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (35 items: Canada; Atlantic provinces; Newfoundland and Labrador; Prince Edward Island; ...); Sex (3 items: Both sexes; Males; Females); Age group (8 items: All age groups; Under 20 years; 20 to 24 years; 25 to 34 years; ...); Income recipient (4 items: Number of recipients; Aggregate income of recipients; Average income of recipients; Median income of recipients); Income source (20 items: Total income; Market income; Earnings; Wages, salaries and commissions; ...).

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.

Average earnings, by age group and highest level of education, from the 2016 Census of Population.

This statistic shows the median total income of senior couple families, aged 55 years and over, in Canada from 2000 to 2020, distinguished by age group. In 2020, the median income of senior couple families aged 65 years and over was 76,510 Canadian dollars.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Ontario. 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. 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, householders within the 45 to 64 years age group have the highest median household income at $93,363, followed by those in the 25 to 44 years age group with an income of $84,596. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $68,268. Notably, householders within the under 25 years age group, had the lowest median household income at $59,620.

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

In four decades, the average after-tax income of Canadians in the lowest decile rose from 9,900 to 12,700 Canadian dollars, an increase of around 28 percent. The income of those in the highest decile rose by more than 47 percent between 1980 and 2021, from 152,600 to 224,800 Canadian dollars. The gap in average income between the two deciles has therefore widened from approximately 142,700 dollars in 1980 to over 212,000 dollars in 2021.

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).

Median after-tax income, economic family types.

The age groups available in the dataset are: 15+, 25+, 25-34, 25-54 and 25-64.

Type of work includes full-time and part-time.

The educational levels include: 0-8 yrs., some high school, high school graduate, some post-secondary, post-secondary certificate diploma and university degree.

Wages include average weekly wage rate.

The immigration statuses include: total landed immigrants (very recent immigrants, recent immigrants, established immigrants), non-landed immigrants and born in Canada.

Number of persons in low income, low income rate and average gap ratio by age, sex and economic family type, annual.

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 disability status, age group, sex and income source, Canada, annual.

This statistic shows the total median income of senior citizens in Canada from 2000 to 2020, distinguished by age group. In 2020, the total median income of Canadian senior citizens aged 65 years and over amounted to 32,020 Canadian dollars.

Average hourly and weekly wage rate, and median hourly and weekly wage rate by North American Industry Classification System (NAICS), type of work, gender, and age group.

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

Average and median gender pay ratio in annual employment income and in annual wages, salaries and commissions. Data are available by National Occupational Classification (NOC) and age group.

Characteristics and median employment income of postsecondary graduates five years after graduation, by educational qualification (Classification of programs and credentials - professional degree variant), field of study (Classification of Instructional Programs (CIP) Canada 2016 - STEM (science, technology, engineering and mathematics and computer sciences) and BHASE (business, humanities, health, arts, social science and education) groupings), gender, age group and status of student in Canada (cross-sectional analysis).