Average Annual Income in Toronto, Ontario
Estimates vary by source and year:
- Statistics Canada (2020): Median after-tax individual income in Toronto CMA: $51,100.
- City of Toronto (2018): Median household income: $88,100.
- PayScale (Mar 2023): Average base salary all occupations: $63,164.
- Glassdoor (Mar 2023): Average base salary all occupations: $61,456.
Figures differ by individual factors (education, experience, occupation, industry), household composition, and specific Toronto area. COVID-19 may have impacted recent incomes.