Toronto city: Median Household Income Trend
How Toronto city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$39,097
2023
$47,202
Total change
+$8,105
% change
+20.7%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $39,097 | — |
| 2019 | $39,858 | +$761 (1.9%) |
| 2020 | $41,971 | +$2,113 (5.3%) |
| 2021 | $44,960 | +$2,989 (7.1%) |
| 2022 | $48,287 | +$3,327 (7.4%) |
| 2023 | $47,202 | $1,085 (-2.2%) |