Income in Ontario changes is impacted by many factors, such as median or average income. If you are looking at these income cocepts for single person or a household. As well as other characteristics such as age playing an important role in understanding the income figure.
Average income in Ontario
The average individual income in Ontario is $54,300. The average after-tax income in Ontario is $45,200 which means that the average individual tax is $9,100.
Average income in Ontario by Age
This is a breakdown of the average income in Ontario by age group:
Age Group | Average |
---|---|
15 to 19 | $10,750 |
20 to 24 | $25,640 |
25 to 29 | $44,480 |
30 to 34 | $57,250 |
35 to 39 | $66,200 |
40 to 44 | $72,200 |
45 to 49 | $76,700 |
50 to 54 | $75,300 |
55 to 59 | $70,400 |
60 to 64 | $62,150 |
65 years and over | $48,840 |
Income distribution by age group
This table shows the income distribution by percentile for each age group:
Age Group | 10th Percentile | 25th Percentile | 50th Percentile | 75th Percentile | 90th Percentile | 95th Percentile | 96th Percentile | 97th Percentile | 98th Percentile | 99th Percentile |
---|---|---|---|---|---|---|---|---|---|---|
15 to 19 | $990 | $3,180 | $8,200 | $15,900 | $23,000 | $27,800 | $29,200 | $31,200 | $34,400 | $41,600 |
20 to 24 | $70,000 | $14,200 | $23,200 | $33,200 | $46,000 | $56,800 | $60,400 | $65,000 | $72,000 | $83,000 |
25 to 29 | $13,300 | $25,000 | $39,200 | $58,400 | $79,500 | $94,000 | $99,000 | $106,000 | $117,000 | $139,000 |
30 to 34 | $16,200 | $30,200 | $49,200 | $74,500 | $102,000 | $124,000 | $132,000 | $143,000 | $162,000 | $204,000 |
35 to 39 | $17,400 | $32,800 | $54,800 | $85,000 | $117,000 | $146,000 | $158,000 | $174,000 | $202,000 | $264,000 |
40 to 44 | $17,800 | $34,000 | $57,600 | $92,000 | $128,000 | $164,000 | $180,000 | $200,000 | $236,000 | $320,000 |
45 to 49 | $16,800 | $33,200 | $58,000 | $96,000 | $136,000 | $180,000 | $196,000 | $224,000 | $268,000 | $376,000 |
50 to 54 | $15,100 | $30,400 | $55,200 | $93,000 | $136,000 | $180,000 | $200,000 | $228,000 | $276,000 | $400,000 |
55 to 59 | $12,500 | $26,400 | $50,400 | $85,000 | $129,000 | $174,000 | $190,000 | $218,000 | $262,000 | $380,000 |
60 to 64 | $9,500 | $21,400 | $43,600 | $73,000 | $114,000 | $155,000 | $172,000 | $194,000 | $234,000 | $332,000 |
65 years and over | $16,000 | $22,400 | $34,800 | $58,000 | $86,000 | $113,000 | $125,000 | $142,000 | $172,000 | $240,000 |
Median income in Ontario
The median indvidual income in Ontario is $41,700 before taxes. The median after-tax income in Ontario is $38,000. The median tax paid in Ontario is $3,700.
Median total income by age
This breakdown shows the median total income before tax for each age in the range from 15 to 70+ years old. The median income represents the middle income where in each age 50% of that ages population is making more money and 50% is making less.
Age | Ontario 2019 | Ontario 2020 | 15 | $2,720 | $3,060 | 16 | $2,700 | $3,760 | 17 | $3,520 | $5,760 | 18 | $5,080 | $9,300 | 19 | $7,400 | $14,200 | 20 | $11,500 | $17,800 | 21 | $14,700 | $20,800 | 22 | $16,600 | $23,400 | 23 | $18,800 | $26,400 | 24 | $21,800 | $29,800 | 25 | $26,000 | $33,200 | 26 | $30,000 | $36,800 | 27 | $34,000 | $40,000 | 28 | $37,200 | $42,400 | 29 | $40,000 | $44,800 | 30 | $42,000 | $46,400 | 31 | $43,600 | $48,000 | 32 | $45,600 | $49,600 | 33 | $46,800 | $50,800 | 34 | $48,000 | $51,600 | 35 | $49,200 | $52,800 | 36 | $50,400 | $54,000 | 37 | $51,200 | $54,800 | 38 | $52,000 | $55,600 | 39 | $52,800 | $56,400 | 40 | $53,600 | $56,800 | 41 | $54,000 | $57,200 | 42 | $54,800 | $57,600 | 43 | $55,600 | $58,400 | 44 | $56,000 | $58,400 | 45 | $56,400 | $58,800 | 46 | $56,400 | $58,400 | 47 | $56,000 | $58,000 | 48 | $56,000 | $57,600 | 49 | $55,600 | $57,600 | 50 | $55,200 | $56,800 | 51 | $54,400 | $56,000 | 52 | $53,600 | $54,800 | 53 | $53,200 | $54,400 | 54 | $52,800 | $53,600 | 55 | $52,400 | $53,200 | 56 | $51,600 | $52,000 | 57 | $50,400 | $50,400 | 58 | $48,800 | $48,800 | 59 | $48,000 | $48,000 | 60 | $46,400 | $46,400 | 61 | $45,200 | $45,600 | 62 | $44,000 | $44,000 | 63 | $42,400 | $42,000 | 64 | $41,200 | $40,800 | 65 | $39,200 | $40,800 | 66 | $39,600 | $41,600 | 67 | $40,000 | $39,600 | 68 | $38,000 | $38,400 | 69 | $36,800 | $37,200 | 70 | $31,800 | $32,800 |
---|
Average household income in Ontario
The average household income in Ontario is $114,000. The average after-tax household income in Ontario is $92,900 which means that on average households in Ontario by taxes of $21,100.
Median household income in Ontario
The median household income in Ontario is $84,400. The after-tax median Ontario household income is $74,600 which means that the average tax paid by the median household in Ontario is $9,800.
What is the average single person income in Ontario?
The average single person income in Ontario is $54,300 as shown by the Canadian Income Survey. This average is higher when compared to the median single person income in Ontario which was $41,700. Both of these are before-tax incomes in 2022. The below chart shows the average and median tax paid by individuals in Canada:
What is the average household income in Ontario?
The average household in Ontario is $114,000 in 2022 which is higher than the Ontario median household income of $84,400. Both of these household incomes are expressed as the total income before tax as shown in the 2022 Canadian Income Survey.
Notes on the income data
The incomes listed in this article are based on the data released by Statistics Canada on 2024-04-26 in the most recent Canadian Income Survey (CIS) which was completed for the 2022 year.
Income distributions data comes from data in the income explorer which was released 2024-04-17 which data from the 2021 census which shows 2020 income.
Other provincial and territorial sales tax calculators
Compare the income to Canada's average and median income or other provinces: