What is the average family income in 2011

After-tax income of census families - The after-tax income of a census family is the sum of the after-tax incomes of all members of that family. After-tax income of family members refers to total income from all sources minus federal, provincial and territorial income taxes paid for Median income of census families - The median income of a specified group of families is that amount which divides their income size distribution, ranked by size of income, into two halves.

That is, the incomes of the first half of the families are below the median, while those of the second half are above the median. Median incomes of families are normally calculated for all units in the specified group, whether or not they reported income.

Average income of census families - Average income of census families refers to the weighted mean total income of families in Average income is calculated from unrounded data by dividing the aggregate income of a specified group of families for example, husband-wife families with working wives by the number of families in that group, whether or not they reported income. The above concept and procedures also apply in the calculation of these statistics on the after-tax income of census families.

Return to footnote 4 referrer. Return to footnote 5 referrer. Return to footnote 6 referrer. Return to footnote 7 referrer. Return to footnote 8 referrer. Please contact us and let us know how we can help you. Household data are collected as of March. Estimation of Median Incomes. The Census Bureau has changed the methodology for computing median income over time. The Census Bureau has computed medians using either Pareto interpolation or linear interpolation.

Currently, we are using linear interpolation to estimate all medians. Pareto interpolation assumes a decreasing density of population within an income interval, whereas linear interpolation assumes a constant density of population within an income interval. All other estimates of median income and associated standard errors for through ASEC and almost all of the estimates of median income and associated standard errors for and earlier were calculated using linear interpolation. Median incomes below those levels are more comparable from year to year since they have always been calculated using linear interpolation.

For an indication of the comparability of medians calculated using Pareto interpolation with medians calculated using linear interpolation, see Series P, Number , Money Income in of Families and Persons in the United States. Your trusted data source since The monetary receipts included are those that tend to be of a regular and recurring nature.

It excludes one-time receipts, such as lottery winnings, gambling winnings, cash inheritances, lump sum insurance settlements, capital gains and RRSP withdrawals. Capital gains are excluded because they are not by their nature regular and recurring. It is further assumed that they are less likely to be fully spent in the period in which they are received, unlike income that is regular and recurring.

Also excluded are employer's contributions to registered pension plans, Canada and Quebec pension plans, and employment insurance. Finally, voluntary inter-household transfers, imputed rent, goods and services produced for barter, and goods produced for own consumption are excluded from this total income definition.

After-tax income of households - The after-tax income of a household is the sum of the after-tax incomes of all members of that household. After-tax income - Refers to total income from all sources minus federal, provincial and territorial income taxes paid for Median income of households - The median income of a specified group of households is that amount which divides their income size distribution, ranked by size of income, into two halves. That is, the incomes of the first half of the households are below the median, while those of the second half are above the median.

Median incomes of households are normally calculated for all units in the specified group, whether or not they reported income. Average income of households - Average income of households refers to the weighted mean total income of households in Average income is calculated from unrounded data by dividing the aggregate income of a specified group of households for example, two person households by the number of households in that specific group, whether or not they reported income.

The above concept and procedures also apply in the calculation of these statistics on the after-tax income of households. Return to footnote 8 referrer. Income status can be measured in several different ways in household surveys. For this measure, the income used is after-tax income of households. There are no regional variations to account for prices or cost of living differences: all applicable households in Canada face the same line adjusted for household size.

This line is set at half the median of adjusted household after-tax income. To account for potential economies of scale, the income of households with more than one member is divided by the square root of the size of the household. All household members are considered to share the household income and are attributed the same income status. This measure is not related to the low-income cut-offs LICO presented in the Census and prevalence rates are conceptually not comparable.