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

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.

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 $59,277, followed by those in the 25 to 44 years age group with an income of $58,469. Meanwhile householders within the under 25 years age group report the second lowest median household income of $37,639. Notably, householders within the 65 years and over age group, had the lowest median household income at $31,326.

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

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

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

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.

Average usual hours and wages of employees (full- and part-time) by age group, gender, union coverage, job permanency, and National Occupational Classification (NOC). Data are presented for 24 months earlier, 12 months earlier and current month, as well as 24-month and year-over-year level change and percentage change.

About this dataset

Context

The dataset tabulates the Ontario household income by age. The dataset can be utilized to understand the age-based income distribution of Ontario income.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Ontario, OH annual median income by age groups dataset (in 2022 inflation-adjusted dollars)
• Age-wise distribution of Ontario, OH household incomes: Comparative analysis across 16 income brackets

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/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Ontario income distribution by age. You can refer the same here

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Ontario County: 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 1,380(2.86%) households where the householder is under 25 years old, 13,712(28.46%) households with a householder aged between 25 and 44 years, 16,817(34.90%) households with a householder aged between 45 and 64 years, and 16,272(33.77%) households where the householder is over 65 years old.
• In Ontario County, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2022 1-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 County median household income by age. You can refer the same here

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.

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).

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).

Get statistical data for rural and urban Ontario on key socioeconomic variables.

The data identifies:

• demographic information for rural and urban Ontario by census year (population change and age breakdown, immigrants, visible minorities, educational attainment, average household income)
• economic indicators for rural and urban Ontario (monthly and annual employment by industry, monthly and annual labour force characteristics, number of businesses by industries and employee number)
• rural and urban Ontario census profiles (for all census of population variables starting with 2001)

Find more resources with socioeconomic data and information about Rural Ontario

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).

If you’re a senior with low income, you may qualify for monthly Guaranteed Annual Income System payments. #Maximum payment and allowable private income amounts for the period from July 1, 2024 to June 30, 2025 are: * $87 monthly for single seniors (maximum monthly payment amount), your annual private income must be less than $4,176 * $174 monthly for senior couples (maximum monthly payment amount), your annual private income must be less than $8,352 The data is organized by private income levels. GAINS payments are provided on top of the Old Age Security (OAS) pension and the Guaranteed Income Supplement (GIS) payments you may receive from the federal government. Learn more about the Ontario Guaranteed Annual Income System This data is related to The Retirement Income System in Canada

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.

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.

Average hourly and weekly wage rate, and median hourly and weekly wage rate by National Occupational Classification (NOC), type of work, sex, and age group, 1997 to 2022.

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