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 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.

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

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 table contains 58320 series, with data for years 1999 - 2016 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (20 items: Canada; Atlantic; Newfoundland and Labrador; Prince Edward Island; ...);  Assets and debts (27 items: Total assets; Private pension assets; Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs), Locked-in Retirement Accounts (LIRAs) and other; Employer-sponsored Registered Pension Plans (EPPs); ...);  Net worth quintiles (6 items: Total, all net worth quintiles; Lowest net worth quintile; Second net worth quintile; Middle net worth quintile; ...);  Statistics (6 items: Total values; Percentage of total assets or total debts; Number holding asset or debt; Percentage holding asset or debt; ...);  Confidence intervals (3 items: Estimate; Lower bound of a 95% confidence interval; Upper bound of a 95% confidence interval).

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

Families of tax filers; Census families with children by age of children and children by age groups (final T1 Family File; T1FF).

Number of children in census families, Canada, provinces, territories.

This table contains 384 series, with data for years 1971 - 1997 (not all combinations necessarily have data for all years), and was last released on 2013-07-25. This table contains data described by the following dimensions (Not all combinations are available): Geography (6 items: Canada; Atlantic Region; Quebec; Ontario ...), Type of tradesmen (16 items: Carpenter; Cement finisher; Electrician; Crane operator ...), Type of wage indexes (2 items: Basic construction union wage rate indexes; Construction union wage rate indexes including selected pay supplements ...), Index base period (2 items: 1986=100; 1981=100 ...).