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).

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

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Ontario County. 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 County. 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 County, householders within the 45 to 64 years age group have the highest median household income at $96,832, followed by those in the 25 to 44 years age group with an income of $92,331. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $60,318. Notably, householders within the under 25 years age group, had the lowest median household income at $49,619.

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

Average and median market, total and after-tax income of individuals by visible minority group, Indigenous group and immigration status, Canada and provinces.

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 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.

The statistic shows the median income in Canada in 2020, distinguished by province. In 2020, the median income for Canadian tax filers in Ontario amounted to 40,630 Canadian dollars.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Ontario 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 97(2.26%) households where the householder is under 25 years old, 1,282(29.85%) households with a householder aged between 25 and 44 years, 1,590(37.02%) households with a householder aged between 45 and 64 years, and 1,326(30.87%) households where the householder is over 65 years old.
• The age group of 25 to 44 years exhibits the highest median household income, while the largest number of households falls within the 45 to 64 years bracket. This distribution hints at economic disparities within the town of Ontario town, showcasing varying income levels among different age demographics.

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

Get statistical data on the average net operating income by region and county in Ontario. The data includes: * total gross farm receipts (excluding sales of forest products) - distribution * total gross farm receipts (excluding sales of forest products) in the calendar year prior to the census or for the last complete fiscal year prior to the census – farms reporting * total gross farm receipts (excluding sales of forest products) in the calendar year prior to the census or for the last complete fiscal year prior to the census – amount in dollars * total farm business operating expenses in the calendar year prior to the census or for the last complete fiscal year prior to the census – amount in dollars * average net operating income per farm * net operating income per total dollar of gross farm receipts * operating expenses as a percentage of total gross farm receipts Statistical data are compiled to serve as a source of agriculture and food statistics for the province of Ontario. Data are prepared primarily by Statistics and Economics staff of the Ministry of Agriculture, Food and Rural Affairs, in co-operation with the Agriculture Division of Statistics Canada and various government departments and farm marketing boards.

This statistic shows the average weekly earnings of employees in Ontario, Canada from 2001 to 2022. In 2022, salaried employees in Ontario earned 1,567.01 Canadian dollars on average per week, and hourly employees earned an average of 835.95 Canadian dollars per week.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Ontario, CA, 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 20,901, while the mean income for the highest quintile (20% of households with the highest income) is 226,938. This indicates that the top earners earn 11 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 353,297, which is 155.68% higher compared to the highest quintile, and 1690.34% 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 Ontario median household income. You can refer the same here

Average weekly earnings by North American Industry Classification System (NAICS), type of employee and overtime status, last 5 years.

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

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

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

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.

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.

Upper income limit, income share and average of adjusted market, total and after-tax income by income decile, annual.

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

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.