What new census numbers say about salaries in London
The numbers show a drop in overall household income with more Londoners living on less than $30,000
Londoners have not seen a snapshot of income levels in a decade but Statistics Canada released new information Wednesday from the 2016 census.
Here's what the numbers show at a glance:
- More London families (17%) are living on less than $30,000 compared to the provincial average
- The median total income in London in 2015 was $64,743
- The low income rate for young people is higher than any other demographic (22.2%)
- 12% of households earn $150,000 or more. That's less than Ontario and national average
Overview of household income
In 2015, the median household income in London was $64,743, a decrease of 2.1% from $66,132 in 2005
Income levels by region
More people moved to St. Thomas but saw income levels drop by 8.1%. Middlesex Centre saw the largest jump in salary levels, up 9.6%
Low income levels on the rise
More than 82,000 Londoners or 17.0% were low income earners (less than $30,000) in 2015 compared to 13.3% in 2005.
Children more likely to live in poverty
The low-income rate for young Londoners (under 18) was 22.2% with almost 25% of children (4 or younger) living in low income homes.