B-
5%
Household income NAT. AVG.
16%
Unemployment NAT. AVG.
0%
In labour force NAT. AVG.
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IndexParkwoodsTorontoOntario
Median household income$78,427$81,376$87,353
Unemployment rate5.4%4.8%4.2%
In labour force63.8%65.5%61.7%

Key findings

  • The median household income in Parkwoods is 5% lower than the national average
  • The unemployment rate in Parkwoods is 16% lower than the national average
  • In Parkwoods 7.7% of people earn $20,000 or less
  • In Parkwoods 11.2% of people earn between $80,000 and $100,000
  • In Parkwoods 2.5% 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.

      Parkwoods median earnings by income bracket

      Parkwoods employment by industry

      Labour TypePercent
      Construction industry3.5%
      Manufacturing sector4.5%
      Financial & insurance services4.7%
      Wholesale & retail services8.5%
      Public administration2.3%
      Transportation, warehousing & utilities2.8%
      Education, health & social services11.5%
      Other23.5%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Vaughan, ON321,974$124,18750.6%
      Pickering, ON96,267$115,17039.7%
      Ajax, ON138,303$110,97234.6%
      Markham, ON359,111$102,03523.8%
      Richmond Hill, ON215,407$101,82723.5%
      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 Parkwoods, Toronto, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.