The Gap 2010
The Gap Between the Rich and Poor: 2010 Archive
Identifying income shortfalls assists us in enhancing our community by helping those who need it most. Differences in income have caused the "wealth gap" to widen; in addition, it appears that wealthy people live longer, and that they're healthier at every stage of their lives.
- The Overall Poverty Rate
- The Median Family Income
- Child Poverty Rate
- The Poverty Rate for Persons Aged 65 and Over
Supplementary Local and National Comparison Information
4-1 The Overall Poverty Rate is an indication of the level of poverty in our community.
| 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
Waterloo Region | 10.5 | 5.6 | 6.7 | 6.4 | 6.9 | 9 | 8.2 | 7.7 | 8.4 |
Ontario | 10.8 | 9.3 | 10.7 | 10.4 | 11 | 10.3 | 10.3 | 8.8 | 9.3 |
Canada | 12.5 | 11.2 | 11.6 | 11.6 | 11.4 | 10.8 | 10.5 | 9.2 | 9.4 |
Source: Statistics Canada. "Income Trends in Canada 1976-2008". Table 202-0802 titled "Persons in low income, Canada, provinces and select CMAs". CANSIM Series: V1562083, V1562215, V1562347, V1562697, V1562829, V1562933, V1563213, V1563263, V1563505, V1563747, V1563871, V1561419, V1561551 and V1561687
4-2 The Median Family Income is an indicator of the relative wealth of our community.
| 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 |
Waterloo Region | 63400 | 65900 | 67000 | 69200 | 71700 | 72800 | 74750 |
Ontario | 58400 | 59600 | 60500 | 62500 | 64500 | 66600 | 69190 |
Canada | 53500 | 55000 | 56000 | 58100 | 60600 | 63600 | 66550 |
Source: Statistics Canada http://www40.statcan.gc.ca/l01/cst01/famil108a-eng.htm (Ontario) http://www40.statcan.gc.ca/l01/cst01/famil107a-eng.htm (Waterloo Region and Canada)
*Note: 2001-2004 based on tax-filings, 2005 based on Census reporting
4-3 The Child Poverty Rate is an indication of the level of poverty felt by the children in Waterloo Region.
| 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
Waterloo Region | 12.8 | 7.1 | 6.3 | 7 | 13 | 13.3 | 10 | 8.7 | 8 |
Ontario | 13 | 10.4 | 11.7 | 11.5 | 13.3 | 12.7 | 11.9 | 9.4 | 9.1 |
Canada | 13.9 | 12.2 | 12.4 | 12.7 | 13 | 11.8 | 11.4 | 9.5 | 9.1 |
Source: Statistics Canada. "Income Trends in Canada 1976-2008". Table 202-0802 titled "Persons in low income, Canada, provinces and select CMAs." Based on SLID data.
4-4 The Pre-Tax Poverty Rate for Persons Aged 65 and Over is an indication of the level of poverty felt by seniors in our community.
| 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
Waterloo Region | 4 | 1.3 | 1.6 | 0.7 |
| 1.2 | 1.1 | 1.7 | 0.06 |
Ontario | 6.1 | 5.2 | 5.6 | 4.9 | 3.8 | 4 | 4 | 3 | 4.4 |
Canada | 7.6 | 6.7 | 7.6 | 6.8 | 5.6 | 6.1 | 5.4 | 4.8 | 5.8 |
Source: Statistics Canada. "Income Trends in Canada 1976-2008". Table 202-0802 titled "Persons in low income, Canada, provinces and select CMAs"
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