Between 2000 and 2022, the average income of women employed in Toronto, in the Canadian province of Ontario, fluctuated but increased overall, rising from 41,900 Canadian dollars in 2000 to 52,400 dollars two decades later. By contrast, men's employment income only has risen from 71,600 to 72,200 Canadian dollars over the same period.

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 distribution of median household income among distinct age brackets of householders in Toronto. 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 Toronto. 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, Toronto only reports a median household income of $54,559 among householders in the 25 to 44 years age group.

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

Between 2017 and 2019, the difference between the median wages, salaries, and commissions of women and men employed in Toronto, in the province of Ontario in Canada, was between 10,060 and 10,650 Canadian dollars. In 2022, this gap was over 11,000 Canadian dollars. Since 2017, the median wages, salaries, and commissions of men have increased relatively steadily, while those of women decreased between 2019 and 2020.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Toronto: 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 52(2.06%) households where the householder is under 25 years old, 743(29.50%) households with a householder aged between 25 and 44 years, 888(35.25%) households with a householder aged between 45 and 64 years, and 836(33.19%) households where the householder is over 65 years old.
• The age group of under 25 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 city of Toronto, 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 Toronto median household income by age. You can refer the same here

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.

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).

This table contains 692 series, with data for years 1996 - 1996 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (173 items: Canada; Newfoundland and Labrador; Health and Community Services St. John's Region, Newfoundland and Labrador; Health and Community Services Eastern Region, Newfoundland and Labrador; ...); Characteristics (4 items: Average personal income; Standard error - average personal income; Low 95% confidence interval - average personal income; High 95% confidence interval - average personal income).

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.

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

Average weekly earnings by North American Industry Classification System (NAICS), type of employee and overtime status, last 5 years.

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.

The statistic shows the average annual earnings of full-time, year-round workers in Canada from 1990 to 2011. In 2011, the average annual earnings for full-time employees stood at 57,600 Canadian dollars.

Average weekly earnings, average hourly wage rate and average usual weekly hours by union status and type of work, last 5 years.

Distribution of employment income of individuals by sex and work activity, Canada, provinces and selected census metropolitan areas, annual.

This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are geography-specific; for example, the number of Nova Scotians in the top 1% will be calculated as the number of taxfiling Nova Scotians whose total income exceeded the 99% income threshold of Nova Scotian tax filers. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Toronto. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Toronto. 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 2021

In terms of income distribution across age cohorts, in Toronto, householders within the 25 to 44 years age group have the highest median household income at $60,914, followed by those in the 45 to 64 years age group with an income of $49,043. Meanwhile householders within the under 25 years age group report the second lowest median household income of $40,042. Notably, householders within the 65 years and over age group, had the lowest median household income at $39,352.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-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 2022 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 Toronto median household income by age. You can refer the same here

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

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