Census data shows London’s median household income is second-lowest among big Ontario cities

1 London

London News & Search

1 News - 1 eMovies - 1 eMusic - 1 eBooks - 1 Search

London’s reputation as a prosperous city may increasingly be a myth, just-released 2016 census data suggests.

The annual media household income in this area – the so-called London Census Metropolitan Area, which also includes Strathroy and St. Thomas – is $64,743, the second-lowest among big cities provincewide, and well below national and provincial averages.

Median is the point at which half of households earn less than that amount, and half earn more. It is not the average.

Oshawa had the top median household income, $86,451. St. Catharines was at the bottom, $63,001.

In the London region, Strathroy-Caradoc fared best, with a median household income of $71,882, while Chatham-Kent was at the bottom — $58,264.

The City of London, (excluding surrounding municipalities) was in the middle for this area, at $62,011

The data reinforces the labor force survey released last week that shows that despite a low official unemployment rate of 5.4 per cent, only about one-quarter of London area residents aged 25-54 – prime working years — were working. That’s the lowest level of any major municipality in Canada.

hdaniszewski@postmedia.com

twitter.com/HankatLFPress


1 London

London News & Search

1 News - 1 eMovies - 1 eMusic - 1 eBooks - 1 Search


Facebooktwitterredditpinterestlinkedinmail

Facebooktwitterlinkedinrssyoutube

Leave a Reply