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

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

This statistic shows the income distribution of Canadians for 2020, distinguished by level of income. In 2020, about 302,050 Canadians had an income of 250,000 Canadian dollars or more.

In 2022, 22.6 percent of the Canadian population had an annual income of 100,000 Canadian dollars or more. Moreover, some 19 percent had an annual income between 60,000 and 79,999 Canadian dollars, representing the second largest group.

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

Average and median total income by census family type.

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.

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.

Household income statistics by household type (couple family, one-parent family, non-census family households) and household size for Canada, provinces and territories, census divisions and census subdivisions.

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.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Little Canada. Based on the latest 2018-2022 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Little Canada. 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 2022

In terms of income distribution across age cohorts, in Little Canada, householders within the 25 to 44 years age group have the highest median household income at $77,780, followed by those in the 45 to 64 years age group with an income of $77,181. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $62,243. Notably, householders within the under 25 years age group, had the lowest median household income at $36,828.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2018-2022 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 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 Little Canada median household income by age. You can refer the same here

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

Income statistics by Indigenous identity, Registered or Treaty Indian status, residence by Indigenous geography, age and gender for the population aged 15 years and over in private households.

The dataset for predicting income per capita for Canada is taken from the website: data.worldbank.org

I am just using the data to practice Linear regression for single variable as a beginner.

There's a story behind every dataset and here's your opportunity to share yours.

Content

The data set contains 2 columns namely year and per capita income

Acknowledgements

The dataset for predicting income per capita for Canada is taken from the website: data.worldbank.org

Objective

Predict Canadas per capita income for the year 2020 using linear regression (beginner level)(just for practice)

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in New Canada, Maine, 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 15,315, while the mean income for the highest quintile (20% of households with the highest income) is 187,307. This indicates that the top earners earn 12 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 324,073, which is 173.02% higher compared to the highest quintile, and 2116.05% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 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 2022 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 New Canada town median household income. You can refer the same here

About this dataset

Context

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

• Little Canada, MN annual median income by age groups dataset (in 2022 inflation-adjusted dollars)
• Age-wise distribution of Little Canada, MN 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 Little Canada income distribution by age. You can refer the same here

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.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Canadian County, OK, 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 24,193, while the mean income for the highest quintile (20% of households with the highest income) is 221,692. 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 349,446, which is 157.63% higher compared to the highest quintile, and 1444.41% 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 Canadian County median household income. You can refer the same here

This table contains 8840 series, with data for years 2012 - 2012 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (13 items: Canada; Atlantic provinces; Newfoundland and Labrador; Prince Edward Island; ...); Low income lines (4 items: Low income cut-offs after tax, 1992 base; Low income cut-offs before tax, 1992 base; Market basket measure, 2011 base; Low income measure after tax); Statistics (5 items: Number of persons in low income; Percentage of persons in low income; Average gap ratio (percent); Median gap ratio (percent); ...); Persons in low income (34 items: All persons; Persons under 18 years; Persons 18 to 64 years; Persons 65 years and over; ...).

About this dataset

Context

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

• Canadian, OK annual median income by age groups dataset (in 2022 inflation-adjusted dollars)
• Age-wise distribution of Canadian, OK 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 Canadian income distribution by age. You can refer the same here