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

Income statistics by economic family type and income source, 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 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.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in New Canada town: 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 10(7.04%) households where the householder is under 25 years old, 41(28.87%) households with a householder aged between 25 and 44 years, 47(33.10%) households with a householder aged between 45 and 64 years, and 44(30.99%) households where the householder is over 65 years old.
• In New Canada town, 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) 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 New Canada town median household income by age. You can refer the same here

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.

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

Distribution of household total income in constant 2020 dollars by household type (couple family, one-parent family, non-census family households) and characteristics of household members (number of earners and number of people in different age groups).

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 2019-2023 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 2023

In terms of income distribution across age cohorts, in Little Canada, householders within the 45 to 64 years age group have the highest median household income at $90,843, followed by those in the 25 to 44 years age group with an income of $75,693. Meanwhile householders within the under 25 years age group report the second lowest median household income of $61,250. Notably, householders within the 65 years and over age group, had the lowest median household income at $52,125.

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

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 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 the household distribution across 16 income brackets among four distinct age groups in Little Canada: 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 90(1.97%) households where the householder is under 25 years old, 1,406(30.73%) households with a householder aged between 25 and 44 years, 1,771(38.71%) households with a householder aged between 45 and 64 years, and 1,308(28.59%) households where the householder is over 65 years old.
• In Little Canada, 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) 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 Little Canada median household income by age. You can refer the same here

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 based on national threshold values, regardless of selected geography; 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% national income threshold. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.

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.

In 2021, Canadians in the lowest decile had an average after-tax income of ****** Canadian dollars, while those in the highest decile had an income of ******* dollars, a gap of over ******* dollars. The province with the smallest average income for the lowest decile was Saskatchewan. By contrast, it was in Alberta that the income of the highest decile was the greatest, with an average after-tax income of almost ******* Canadian dollars. It was also in this province that the gap between the two deciles was the most significant.

All household types in Canada received a higher income after-tax in 2021 than they received in 2019, except for elderly people not in an economic family. This increase was partially due to the higher level of government transfers in 2020.

Income statistics (percentage of people with an income, median, mean, aggregates, income share) for various income sources and taxes (total income, employment income, government transfers, income taxes, etc.) in constant 2020 dollars by family income decile.

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.

This table contains 1408 series, with data for years 2001 - 2001 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (11 items: Canada; Newfoundland and Labrador; Nova Scotia; Prince Edward Island ...), Age group (2 items: At birth; At age 65 ...), Sex (2 items: Males; Females ...), Income group (4 items: All income groups; Income group; tercile 1 (lowest);Income group; tercile 3 (highest);Income group; tercile 2 (middle) ...), Characteristics (8 items: Health-adjusted life expectancy; Low 95% confidence interval; health-adjusted life expectancy; Coefficient of variation for health-adjusted life expectancy; High 95% confidence interval; health-adjusted life expectancy ...).

Farms with one or more operators by sources of income for farm households in the year prior to the census from the Socioeconomic overview of the farm population.