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

In 2022, 9.9 percent of all Canadians were living in low income. Between 2000 and 2022, the percentage of population with low income experienced a decrease, reaching the lowest value in 2020. The highest share of Canadians with low income was recorded in 2015, with 14.5 percent of the total population.

Low Income Measures

The low income measures (LIMs) were developed by Statistics Canada in the 1990s. They, along with the low income cut-offs (LICOs) and the market basket measure (MBM), were created in order to measure and track the low income population of Canada. With low income measures, individuals are classified as being in low income if their income falls below fifty percent of the median adjusted household income. The median income is adjusted in order to reflect the differing financial needs of households based on the number of its members. The low income measures are a useful tool to compare low income populations between countries as they do not rely on an arbitrary standard of what constitutes the threshold for poverty. Statistics Canada insists that the low income measures are not meant to be representative of a poverty rate. The department has no measure which they define as a measurement of poverty in Canada. Latest data and trends In 2022, around 2.1 million people were living in low income families in Canada. This figure has been fluctuating over the years, both in absolute numbers and in proportion over the total population. More women than men were living in low income families in 2022, though the number of men in low income has risen at twice the rate as that of women. One of the more drastic changes has been the rise in the number of single individuals living in low income, increasing by more than 60 percent since 2000.

Poverty and low-income statistics by disability status, age group, sex and economic family type, Canada, annual.

Income of individuals by age group, sex and income source, 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.

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.

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, TX annual median income by age groups dataset (in 2022 inflation-adjusted dollars)
• Age-wise distribution of Canadian, TX 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

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

In 2023, 25.5 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.

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.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Canadian, 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 16,195, while the mean income for the highest quintile (20% of households with the highest income) is 101,154. This indicates that the top earners earn 6 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 138,654, which is 137.07% higher compared to the highest quintile, and 856.15% higher compared to the lowest quintile.

https://i.neilsberg.com/ch/canadian-ok-mean-household-income-by-quintiles.jpeg" alt="Mean household income by quintiles in Canadian, OK (in 2022 inflation-adjusted dollars))">

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 Canadian median household income. You can refer the same here

This statistic shows the median annual total income of an individual in Canada from 2000 to 2022, distinguished by gender. In 2022, the median annual income for women tax filers stood at 37,690 Canadian dollars.

Poverty and low-income statistics by visible minority group, Indigenous group and immigration status, Canada and provinces.

The number of persons in economic families with low income in Canada was 2.8 million in 2022. Between 1976 and 2022, the number rose by 370,000, though the increase followed an uneven trajectory rather than a consistent upward trend.

In 2022, the number of persons under 18 years in economic families with low income in Canada was 888,000. Between 1976 and 2022, the figure dropped by 139,000, though the decline followed an uneven course rather than a steady trajectory.

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.

The median annual family income of dual-earner families in Canada increased by 5,520 dollars (+4.99 percent) in 2022 in comparison to the previous year. With 116,110 dollars, the median annual income thereby reached its highest value in the observed period.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Canadian. 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 Canadian. 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 Canadian, householders within the 25 to 44 years age group have the highest median household income at $128,855, followed by those in the under 25 years age group with an income of $71,586. Meanwhile householders within the 45 to 64 years age group report the second lowest median household income of $63,777. Notably, householders within the 65 years and over age group, had the lowest median household income at $42,084.

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

Detailed labour market outcomes by educational characteristics, including detailed occupation, hours and weeks worked and employment income.

In 2022, around 1.3 million women aged between 18 and 64 years were living in low income in Canada. And around 440,000 females aged under 18 were also living in low income.