Income drops in Brockville: census

BROCKVILLE – The latest Canadian census data shows people in the city of Brockville were bringing home less money from their jobs than they were a decade ago.

The data for Brockville released today (Wednesday) shows the median total household income in 2015 was $51,168 – a change of minus 6.1 per cent from 2005 ($54,518).

Meanwhile, on the outskirts in Elizabethtown-Kitley, the median household income rose 3.9 per cent between 2005 and 2015 to $78,455.

The rest of Canada saw an average income household increase of nearly 11 per cent from $63,457 in 2005 to $70,336 in 2015.

Just over a quarter of households in Brockville were bringing in $30,000-59,999 while another 25 per cent were taking home $60,000-$99,999 a year.

As for low income, slightly more than one in five people or 4,410 persons were classed as poor, compared to 16 per cent in 2005.

That number jumps to nearly 29 per cent for those with a low income under the age of 18.

According to Statistics Canada, low income is considered to be those in a one-person household making $22,460 or less after taxes.

As for saving for the future, just over half of households (53.4 per cent) said they were making contributions to an RRSP, a pension plan or TFSA – less than the provincial and national averages (67 and 65 per cent respectively).

You can read more of the census data for Brockville here.

 

Likes(1)Dislikes(0)
Facebook Find Brockville Newswatch on Facebook