Table 12
Average net annual household income and return to
equity, by income quintile, age class and tenure
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Income quintiles and age group | All | Renters | Homeowners | ||||
---|---|---|---|---|---|---|---|
Net income | Return to equity | Total | Net income | Net income | Return to equity | Total | |
dollars | |||||||
First quintile | |||||||
20 to 29 | 15,676 | 363 | 16,039 | 15,515 | 16,559 | 2,361 | 18,920 |
30 to 39 | 16,509 | 799 | 17,308 | 16,280 | 17,061 | 2,721 | 19,782 |
40 to 49 | 15,589 | 1,505 | 17,094 | 15,296 | 16,021 | 3,717 | 19,737 |
50 to 59 | 14,461 | 2,058 | 16,520 | 13,837 | 15,089 | 4,128 | 19,217 |
60 to 69 | 17,349 | 2,393 | 19,741 | 15,569 | 18,639 | 4,127 | 22,766 |
70 plus | 20,288 | 2,420 | 22,708 | 18,878 | 21,350 | 4,242 | 25,591 |
Second quintile | |||||||
20 to 29 | 35,528 | 542 | 36,070 | 35,183 | 36,214 | 1,621 | 37,834 |
30 to 39 | 35,912 | 1,203 | 37,115 | 35,207 | 36,552 | 2,295 | 38,846 |
40 to 49 | 36,070 | 2,006 | 38,076 | 35,241 | 36,561 | 3,193 | 39,754 |
50 to 59 | 35,400 | 2,733 | 38,133 | 34,488 | 35,784 | 3,887 | 39,671 |
60 to 69 | 36,256 | 3,714 | 39,970 | 35,281 | 36,486 | 4,593 | 41,079 |
70 plus | 37,382 | 4,046 | 41,427 | 36,154 | 37,705 | 5,111 | 42,816 |
Third quintile | |||||||
20 to 29 | 51,752 | 891 | 52,644 | 51,306 | 52,155 | 1,695 | 53,849 |
30 to 39 | 52,001 | 1,660 | 53,661 | 51,048 | 52,367 | 2,296 | 54,663 |
40 to 49 | 52,387 | 2,638 | 55,024 | 51,068 | 52,737 | 3,338 | 56,075 |
50 to 59 | 51,993 | 3,408 | 55,401 | 50,786 | 52,257 | 4,152 | 56,409 |
60 to 69 | 52,793 | 4,648 | 57,441 | 52,017 | 52,898 | 5,276 | 58,174 |
70 plus | 53,980 | 5,188 | 59,167 | 52,556 | 54,209 | 6,025 | 60,234 |
Fourth quintile | |||||||
20 to 29 | 70,988 | 1,349 | 72,337 | 70,630 | 71,154 | 1,972 | 73,126 |
30 to 39 | 71,344 | 2,269 | 73,613 | 70,175 | 71,547 | 2,661 | 74,208 |
40 to 49 | 72,091 | 3,428 | 75,519 | 70,213 | 72,316 | 3,839 | 76,155 |
50 to 59 | 72,277 | 4,310 | 76,586 | 70,389 | 72,477 | 4,768 | 77,245 |
60 to 69 | 73,303 | 5,670 | 78,974 | 72,500 | 73,375 | 6,176 | 79,551 |
70 plus | 73,893 | 6,562 | 80,455 | 72,207 | 74,076 | 7,275 | 81,352 |
Fifth quintile | |||||||
20 to 29 | 108,762 | 2,052 | 110,814 | 107,892 | 109,049 | 2,727 | 111,776 |
30 to 39 | 118,335 | 3,709 | 122,044 | 115,016 | 118,651 | 4,061 | 122,712 |
40 to 49 | 129,837 | 5,769 | 135,607 | 119,612 | 130,368 | 6,069 | 136,437 |
50 to 59 | 135,598 | 6,928 | 142,525 | 124,364 | 136,100 | 7,238 | 143,338 |
60 to 69 | 144,962 | 8,827 | 153,790 | 130,730 | 145,627 | 9,239 | 154,866 |
70 plus | 148,136 | 9,709 | 157,845 | 147,848 | 148,157 | 10,440 | 158,598 |
Note(s):
Returns to home equity are based on user cost estimates of housing services
assuming a 6% expected appreciation in home prices.
Source(s):
Census of population (2006).
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