Median Incomes

Income distribution can also be presented by considering the Median and Average numbers.  Looking at the difference between Median and Average personal income helps understand the distribution. Elgin County, for instance, has a median income higher than Canada, but an average income below Canada. This is because there is a higher ratio in income above $31,000, but when an average is taken there may be a higher proportion in the highest income ranges in Canada.

When household income is considered the values naturally increase become some household will include more than one income (including the parent figures and on occasion the youth).  Often times this will reduce the differences in incomes.  In this case the rates in Elgin are comparable to the Canadian and Ontario incomes.

Share