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Household Income in fort richmond

Why These Income Metrics Matter for Home Buying

  • Median and average income indicate local purchasing power and whether your target price range matches the area.
  • Income buckets and deciles show whether the area is middle-income dominant or polarized, affecting liquidity and negotiation dynamics.
  • Low-income share, Gini, and P90/P10 help assess affordability stress and inequality risk, informing rental and resale stability.
Related communities
fort richmond (216)

Key Income Insights

  • Low-income share is relatively high, indicating visible affordability pressure.
  • Income inequality is at a moderate level.
  • P90/P10 gap is wide, indicating stronger high-vs-low income divergence.

Household income summary

Household median total income
$55K
Household average total income
$60K
Low income LIM-AT
38%
Gini (after-tax)
0.31
P90/P10 ratio
4.70
Single-person households
21%
Couple families with children
26%

Income summary (latest available year)

Median total income
$27K
Average total income
$29K
Median after-tax income
$25K
Income per capita
$27K
Total income recipients
920
Employment income share
64%
Market income share
69%
Gov transfer share
31%
EI share
3%
Employment rate
71%

Household income distribution

BucketHouseholdsShare
0-5k409%
5k-10k102%
10k-15k51%
15k-20k102%
20k-25k153%
25k-30k204%
30k-35k204%
35k-40k204%
40k-45k307%
45k-50k256%
50k-60k5512%
60k-70k409%
70k-80k409%
80k-90k256%
90k-100k153%
100k-125k358%
125k-150k204%
150k-200k153%
200k+51%

Personal income distribution

YearIncome typeBucketPopulationShare
2020after_tax0-10k19520%
2020after_tax10k-20k15015%
2020after_tax20k-30k23524%
2020after_tax30k-40k14515%
2020after_tax40k-50k909%
2020after_tax50k-60k657%
2020after_tax60k-70k202%
2020after_tax70k-80k101%
2020after_tax80k-90k101%
2020after_tax90k-100k00%
2020after_tax100k+00%
2020after_taxNo income657%
2020employment0-5k10010%
2020employment5k-10k9510%
2020employment10k-20k12012%
2020employment20k-30k11011%
2020employment30k-40k707%
2020employment40k-50k606%
2020employment50k-60k354%
2020employment60k-70k303%
2020employment70k-80k101%
2020employment80k-90k101%
2020employment90k-100k51%
2020employment100k+101%
2020employmentNo income34034%
2020total0-10k19520%
2020total10k-20k14014%
2020total20k-30k19520%
2020total30k-40k15516%
2020total40k-50k909%
2020total50k-60k657%
2020total60k-70k404%
2020total70k-80k152%
2020total80k-90k51%
2020total90k-100k00%
2020total100k+202%
2020totalNo income657%

Income decile distribution

YearDecileHouseholdsShare
2020147038%
2020223019%
2020316013%
202041109%
20205756%
20206706%
20207554%
20208454%
20209202%
20201000%