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

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

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; ...).

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

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

In Canada, women earned an average of 0.73 Canadian dollars for every dollar earned by men in 2021, just under three quarters of the average annual employment income for men. The people among whom this ratio was least unequal were Canadians aged between 16 and 24 (0.82), and those over 65 (0.79). In contrast, women aged 35-44 and those aged 55-64 earned on average two-thirds of what men of the same age earned.

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 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.

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.

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.

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.

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.

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.

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 hourly and weekly wage rate, and median hourly and weekly wage rate by National Occupational Classification (NOC), type of work, gender, and age group.

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).

In 2022, Canadian women had an average employment income of 45,800 Canadian dollars per year, while that of men was 64,000, which was around 18,000 Canadian dollars more per year.

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.

Individuals; Tax filers and dependants with income by total income, income taxes paid and after-tax income, sex and age groups (final T1 Family File; T1FF).

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