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Household Income in fairfield park, richmond west

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
fairfield park (347)richmond west (319)

Key Income Insights

  • Low-income share is within a moderate range.
  • 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
$116K
Household average total income
$130K
Low income LIM-AT
17%
Gini (after-tax)
0.30
P90/P10 ratio
5.20
Single-person households
9%
Couple families with children
45%

Income summary (latest available year)

Median total income
$34K
Average total income
$49K
Median after-tax income
$31K
Income per capita
$47K
Total income recipients
1,775
Employment income share
76%
Market income share
86%
Gov transfer share
14%
EI share
1%
Employment rate
76%

Household income distribution

BucketHouseholdsShare
0-5k254%
5k-10k51%
10k-15k51%
15k-20k102%
20k-25k152%
25k-30k102%
30k-35k102%
35k-40k152%
40k-45k102%
45k-50k152%
50k-60k203%
60k-70k355%
70k-80k355%
80k-90k254%
90k-100k305%
100k-125k7011%
125k-150k7011%
150k-200k10516%
200k+14022%

Personal income distribution

YearIncome typeBucketPopulationShare
2020after_tax0-10k32517%
2020after_tax10k-20k24513%
2020after_tax20k-30k29015%
2020after_tax30k-40k21511%
2020after_tax40k-50k1558%
2020after_tax50k-60k1257%
2020after_tax60k-70k1005%
2020after_tax70k-80k955%
2020after_tax80k-90k704%
2020after_tax90k-100k503%
2020after_tax100k+1056%
2020after_taxNo income1056%
2020employment0-5k21511%
2020employment5k-10k1407%
2020employment10k-20k18510%
2020employment20k-30k1056%
2020employment30k-40k955%
2020employment40k-50k855%
2020employment50k-60k704%
2020employment60k-70k603%
2020employment70k-80k754%
2020employment80k-90k603%
2020employment90k-100k553%
2020employment100k+20011%
2020employmentNo income54029%
2020total0-10k32017%
2020total10k-20k23012%
2020total20k-30k26014%
2020total30k-40k19010%
2020total40k-50k1458%
2020total50k-60k905%
2020total60k-70k804%
2020total70k-80k905%
2020total80k-90k704%
2020total90k-100k653%
2020total100k+24013%
2020totalNo income1056%

Income decile distribution

YearDecileHouseholdsShare
2020138017%
202021256%
202031657%
202041708%
202051557%
202061557%
2020723010%
2020826512%
2020929513%
20201030013%