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 geography-specific; 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% income threshold of Nova Scotian tax filers. 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 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.

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

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

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.

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.

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.

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.

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

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

In 2022, in Toronto, in the Canadian province of Ontario, **** percent of the population with employment income earned less than ***** Canadian dollars, while those earning more than 100,000 Canadian dollars represented **** percent of the population.In 2023, there were more than *** million people employed in Toronto, and the industry that employed the largest number of people was wholesale and retail trade.

The one-time top-up to the Canada Housing Benefit helped low-income renters with the cost of renting. To be eligible for the tax-free one-time payment of $500, applicants must have filed their 2021 income tax return. They must have had a 2021 adjusted family net income of $35,000 or less for families, or $20,000 or less for individuals, and paid at least 30% of their 2021 adjusted family net income towards rent in the 2022 calendar year. These tables contain statistics by province, age, gender, adjusted family net income, family type and forward sortation area.

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in New Canada town. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2011 and 2021, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In New Canada town, the median household income for the households where the householder is White increased by $30,494(68.54%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $44,494 in 2011 and $74,988 in 2021.
• Black or African American: As per the U.S. Census Bureau population data, in New Canada town, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

https://i.neilsberg.com/ch/new-canada-me-median-household-income-by-race-trends.jpeg" alt="New Canada, Maine median household income trends across races (2011-2021, 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.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in New Canada town.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• Please note: 2020 1-Year ACS estimates data was not reported by Census Bureau due to impact on survey collection and analysis during COVID-19, thus for large cities (population 65,000 and above) median household income data is not available.
• Please note: All incomes have been adjusted for inflation and are presented in 2022-inflation-adjusted dollars.

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 race. You can refer the same here

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.

The wages on the Job Bank website are specific to an occupation and provide information on the earnings of workers at the regional level. Wages for most occupations are also provided at the national and provincial level. In Canada, all jobs are associated with one specific occupational grouping which is determined by the National Occupational Classification. For most occupations, a minimum, median and maximum wage estimates are displayed. They are update annually. If you have comments or questions regarding the wage information, please contact the Labour Market Information Division at: NC-LMI-IMT-GD@hrsdc-rhdcc.gc.ca

Individuals; Tax filers and dependants by total income, sex and age groups (final T1 Family File; T1FF).

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 service shows the median total income of households in 2015 for Canada by 2016 census subdivision. The data is from the Census Profile, Statistics Canada Catalogue no. 98-316-X2016001. Total income refers to the sum of certain incomes (in cash and, in some circumstances, in kind) of the statistical unit during a specified reference period. The median income of a specified group is the amount that divides the income distribution of that group into two halves. For additional information refer to 'Total income' in the 2016 Census Dictionary. For additional information refer to 'Total income' in the 2016 Census Dictionary. To have a cartographic representation of the ecumene with this socio-economic indicator, it is recommended to add as the first layer, the “NRCan - 2016 population ecumene by census subdivision” web service, accessible in the data resources section below.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

About this dataset

Context

The dataset presents the median household income across different racial categories in Canadian County. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Canadian County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 77.89% of the total residents in Canadian County. Notably, the median household income for White households is $82,305. Interestingly, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $93,253. This reveals that, while Whites may be the most numerous in Canadian County, Some Other Race households experience greater economic prosperity in terms of median household income.

https://i.neilsberg.com/ch/canadian-county-ok-median-household-income-by-race.jpeg" alt="Canadian County median household income diversity across racial categories">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Canadian County.
• Median household income: Median household income, adjusting for inflation, presented in 2022-inflation-adjusted dollars

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 by race. You can refer the same here