Household income 1%
Unemployment 25%
In labour force 2%
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Median household income$81,376$87,353$82,436
Unemployment rate4.8%4.2%6.4%
In labour force65.5%61.7%63.9%

Key findings

  • The median household income in Toronto is 1% lower than the national average
  • The unemployment rate in Toronto is 25% lower than the national average
  • In Toronto 10.7% of people earn $20,000 or less
  • In Toronto 10.1% of people earn between $80,000 and $100,000
  • In Toronto 5.3% of people earn $300,000 or more

Best Places for Employment in and Around Toronto

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      am i middle class

      $Input your household income
      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, province 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.

      Toronto median earnings by income bracket

      Toronto employment by industry

      Labour TypePercent
      Construction industry3.4%
      Manufacturing sector4.6%
      Financial & insurance services5.4%
      Wholesale & retail services8.4%
      Public administration2.3%
      Transportation, warehousing & utilities2.8%
      Education, health & social services11.1%

      Nearby cities with high median household income

      CityPopulationHousehold IncomeNational Avg.
      Vaughan, ON321,974$124,18750.6%
      Mississauga, ON764,342$94,66314.8%
      Toronto, ON3,013,752$81,3761.3%

      Cities with similar population

      CityPopulationHousehold IncomeNational Avg.
      Chicago, IL2,714,017n/a 
      Houston, TX2,240,582n/a 
      Los Angeles, CA3,918,872n/a 
      Montréal, QC1,811,008$61,10825.9%
      Philadelphia, PA1,559,938n/a 
      Toronto, ON3,013,752$81,3761.3%
      Source: The Toronto, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.