D+
29%
Household income NAT. AVG.
15%
Unemployment NAT. AVG.
5%
In labour force NAT. AVG.
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IndexBay Street CorridorTorontoOntario
Median household income$58,464$81,376$87,353
Unemployment rate5.4%4.8%4.2%
In labour force60.7%65.5%61.7%

Key findings

  • The median household income in Bay Street Corridor is 29% lower than the national average
  • The unemployment rate in Bay Street Corridor is 15% lower than the national average
  • In Bay Street Corridor 24.9% of people earn $20,000 or less
  • In Bay Street Corridor 8.9% of people earn between $80,000 and $100,000
  • In Bay Street Corridor 4.3% of people earn $300,000 or more

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      am i middle class

      $
      Input your household income
      $54,245 $81,376 $162,752
      City
      $58,229 $87,353 $174,706
      State
      $54,951 $82,436 $164,872
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Bay Street Corridor median earnings by income bracket

      Bay Street Corridor employment by industry

      Labour TypePercent
      Construction industry0.9%
      Manufacturing sector1.4%
      Financial & insurance services7.9%
      Wholesale & retail services4.9%
      Public administration2.2%
      Transportation, warehousing & utilities1.2%
      Education, health & social services15.7%
      Other23.8%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Vaughan, ON321,974$124,18750.6%
      Mississauga, ON764,342$94,66314.8%
      Toronto, ON3,013,752$81,3761.3%

      Cities with similar population

      City Population Household Income National Avg.
      Chicago, IL2,699,347n/a 
      Houston, TX2,313,238n/a 
      Los Angeles, CA3,973,278n/a 
      Montréal, QC1,811,008$61,10825.9%
      Phoenix, AZ1,658,422n/a 
      Toronto, ON3,013,752$81,3761.3%
      Source: The Bay Street Corridor, Toronto, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.