About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Toronto, OH, 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 8,692, while the mean income for the highest quintile (20% of households with the highest income) is 156,714. This indicates that the top earners earn 18 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 240,399, which is 153.40% higher compared to the highest quintile, and 2765.75% 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 Toronto median household income. You can refer the same here

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

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.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Toronto. 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 Toronto. 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 Toronto, where there exist only two delineated age groups, the median household income is $56,250 for householders within the 65 years and over age group, compared to $41,875 for the 45 to 64 years age group.

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

Comprehensive demographic dataset for Toronto, IA, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

The City of Toronto monitors food affordability every year using the Ontario Nutritious Food Basket (ONFB) costing tool. Food prices, among other essential needs, have increased considerably in the last several years. People receiving social assistance and earning low wages often do not have enough money to cover the cost of basic expenses, including food. As such, ONFB data is best used to assess the cost of living in Toronto by analyzing food affordability in relation to income, alongside other local basic expenses. The dataset describes the affordability of food and other basic expenses relative to income for 13 household scenarios. Scenarios were selected to reflect household characteristics that increase the risk of being food insecure, including reliance on social assistance as the main source of income, single-parent households, and rental housing. A median income scenario has also been included as a comparator. Income, including federal and provincial tax benefits, and the cost of four basic living expenses - rent food, childcare, and transportation - are estimated for each scenario. Results show the estimated amount of money remaining at the end of the month for each household. Three versions of the scenarios were created to describe: Income scenarios with subsidies: Subsidies can substantially reduce a households’ monthly expenses. Local subsidies for rent (Rent-Geared-to-Income), childcare (Childcare Fee Subsidy), and transit (Fair Pass) are accounted for in this file. Income scenarios without subsidies + average market rent: In this file, rental costs are based on average market rent, as measured by the Canadian Mortgage and Housing Corporation (CMHC). Income scenarios without subsidies + current market rent: Rental costs are based on current market rent (as of October 2023), as measured by the Toronto Regional Real Estate Board (TRREB). All values are rounded to the nearest dollar.

About this dataset

Context

The dataset tabulates the Toronto median household income by race. The dataset can be utilized to understand the racial distribution of Toronto 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).

• Toronto, SD median household income breakdown by race betwen 2011 and 2021
• Median Household Income by Racial Categories in Toronto, SD (2021, 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/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Toronto median household income by race. You can refer the same here

About this dataset

Context

The dataset presents the median household income across different racial categories in Toronto. 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 Toronto population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 94% of the total residents in Toronto. Notably, the median household income for White households is $52,877. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $52,877.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 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 Toronto.
• Median household income: Median household income, adjusting for inflation, presented in 2023-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 Toronto median household income by race. You can refer the same here

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

This table of Income profile information for dissemination area was downloaded from the Statistics Canada website and joined with bndDisseminationAreaGTHA2016 in DEM. It contains the information gathered during the 2016 Census with respect to the population within a dissemination area and the population breakdown of income and earnings by family, individuals, people in economic families, and the prevalence of low income and household income. This data covers the dissemination area in the Greater Toronto Hamilton Area.Statistics Canada has suppressed the profiles for certain areas due to very low population count. Suppressed areas will appear as NULL values in the attribute table.For more information regarding this data, please refer to the reference document here: http://www12.statcan.gc.ca/census-recensement/2016/ref/98-501/98-501-x2016006-eng.cfm

The City of Toronto monitors the affordability of food annually using the Nutritious Food Basket (NFB) costing tool. Food prices, among other essential needs, have increased considerably in the last several years. People receiving social assistance and earning low wages often do not have enough money to cover the cost of basic expenses, including food. As such, NFB data is best used to monitor affordability in relation to income alongside other local basic expenses. The dataset describes the affordability of food and other basic expenses relative to income for 11 household scenarios. Scenarios were selected to reflect household characteristics that increase the risk of being food insecure, including reliance on social assistance as the main source of income, single-parent households, and rental housing. A median income scenario has also been included as a comparator. Income, including federal and provincial tax benefits, and the cost of four basic living expenses - shelter, food, childcare, and transportation - are estimated for each scenario. Results show the estimated amount of money remaining at the end of the month for each household. Three versions of the scenarios were created to describe: Income scenarios with subsidies: Subsidies can substantially reduce a households’ monthly expenses. Local subsidies for rent (Rent-Geared-to-Income), childcare (Childcare Fee Subsidy), and transit (Fair Pass) are accounted for in this file. Income scenarios without subsidies + average market rent: In this file, rental costs are based on average market rent, as measured by the Canadian Mortgage and Housing Corporation (CMHC). Income scenarios without subsidies + current market rent: Rental costs are based on current market rent (as of October 2022), as measured by the Toronto Regional Real Estate Board (TRREB).

Comprehensive demographic dataset for Toronto, Falls Church, VA, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

Low income cut-offs (LICOs) before and after tax by community size and family size, in current dollars, annual.

The Census of Population is held across Canada every 5 years and collects data about age and sex, families and households, language, immigration and internal migration, ethnocultural diversity, Aboriginal peoples, housing, education, income, and labour. City of Toronto Neighbourhood Profiles use this Census data to provide a portrait of the demographic, social and economic characteristics of the people and households in each City of Toronto neighbourhood. The profiles present selected highlights from the data, but these accompanying data files provide the full data set assembled for each neighbourhood. For an interactive visualization of this data, visit the Neighbourhood Profiles webpage. In these profiles, "neighbourhood" refers to the City of Toronto's 158 social planning neighbourhoods. These social planning neighbourhoods were developed in the late 1990s by the City of Toronto to help government and community organizations with local planning by providing socio-economic data at a meaningful geographic area. The boundaries of these social planning neighbourhoods are consistent over time, allowing for comparison between Census years. Neighbourhood level indicators from sources other than the Census of Population are also available through the City's Wellbeing Toronto mapping application and here on the Open Data portal. Each data point in this file is presented for the City's 158 neighbourhoods or 140 neighbourhoods prior to April 2021. The data is sourced from a number of Census tables released by Statistics Canada. The general Census Profile is the main source table for this data. Data tables are available for the Census years of 2001, 2006, 2011, 2016, and 2021. For definitions of terms and concepts referenced in this data set, as well as limitations imposed by rounding, data suppression standards, and geometry, users should consult the reference materials produced by Statistics Canada for the 2016 Census or the 2021 Census. Please note that social planning neighbourhoods are not an official standard geography produced by Statistics Canada and the data herein is compiled by special request through the Community Data Program.

This map shows median income of individuals, for the population 15 years of age and over reporting income in 1995 (not including institutional residents). The highest median incomes were observed in the urban areas of Vancouver, Calgary, Toronto, Ottawa-Hull, Montreal, and Quebec. According to the 1996 Census, close to 21 million individuals reported income for 1995. The total income from all sources reflected a 6% decrease when compared to 1990. The national median income for Canada was $18 891. Incomes of individuals and families living in rural Canada tended to be lower than for urban areas. Differences in income distributions were also significant within major urban areas. Nearly 80% of the total population lived in census metropolitan areas.

This data set contains three worksheets. The full description for each column of data is available in the first worksheet called "Legend". Caveat Emptor: Discrepancies in taxfiler submissions and disaggregation of multiple taxfilers from a single family unit may result in over- or under-counting of low income taxfilers within certain geographies.

This data set contains two custom tabulations from Statistics Canada in Beyond 20/20 IVT format. TABLE 1: Place of birth (2) and Age groups (14) for the Persons in private households in occupied private dwellings for Census tracts within the Toronto Census metropolitan area, 2016 Census of population - 25% Sample Data. TABLE 2: Place of birth (2), Income statistics (18) and Individual low-income status after tax (LICO-AT) (5) for Persons in private households in occupied private dwellings for Census tracts within the Toronto Census metropolitan area, 2016 Census of population - 25% Sample Data.

Low income measure (LIM) thresholds by household size for market income, total income and after-tax income, in current and constant dollars, annual.

This data set shows the following indicators: population breakdown by ethnicity, household income, education level, employment, age and sex. Data is broken down by the different Toronto neighbourhoods. CITY OF TORONTO NATIONAL HOUSEHOLD SURVEY METHODOLOGY NOTATION There were changes in the way information was collected for portions of the 2011 Census. This will impact the extent to which comparisons can be made with other Census periods on some Census variables. In general, 2011 Census data on population, dwelling counts, age, sex, families, household living arrangements, marital status, structural types of dwellings types and language can be compared to the data from other Censuses, with due regard for changing definitions of individual variables. Information on Aboriginal peoples, immigration, ethnocultural diversity, education, labour, income and housing was collected differently in 2011 as part of a voluntary National Household Survey (NHS) by Statistics Canada. In general, the 2011 NHS data is less comparable to that of the other Censuses due to non-response bias inherent in voluntary surveys. The risk of a voluntary survey is that the results may only reflect the kinds of individuals who are inclined to participate in a survey in the first place. As the National Household Survey User Guide notes, "because non-respondents tend to have different characteristics from respondents. As a result, there is a risk that the results will not be representative of the actual population." Comparisons between the 2011 NHS and other Censuses should not be considered fully reliable.

Canada TDB: Net Income Before Discontinued Operations data was reported at 11,686,603.000 CAD th in Dec 2019. This records an increase from the previous number of 8,830,190.000 CAD th for Sep 2019. Canada TDB: Net Income Before Discontinued Operations data is updated quarterly, averaging 5,038,072.500 CAD th from Mar 2011 (Median) to Dec 2019, with 36 observations. The data reached an all-time high of 11,686,603.000 CAD th in Dec 2019 and a record low of 1,477,984.000 CAD th in Mar 2012. Canada TDB: Net Income Before Discontinued Operations data remains active status in CEIC and is reported by Office of the Superintendent of Financial Institutions Canada. The data is categorized under Global Database’s Canada – Table CA.KB045: Statement of Comprehensive Income: Domestic Banks: Toronto-Dominion Bank. Source: Financial Data for Banks - Summary Income Statement (http://www.osfi-bsif.gc.ca/Eng/wt-ow/Pages/FINDAT.aspx), excluding any specific financial institutions data. Reproduced with permission from the Office of the Superintendent of Financial Institutions (OSFI), 2020 Disclaimer Notice: The reproduction of the information reproduced under permission by the Minister of Public Works and Government Services Canada in no way implies any official endorsement by the Office of the Superintendent of Financial Institutions Canada, nor of the Minister of Public Works and Government Services Canada, and does it imply any endorsement of the services offered by CEIC Data Company limited.