Focus on Geography Series, 2016 Census
Cochrane, District (CD) - Ontario
Data qualityMedian income of households
- In 2015, the median total income of households in Cochrane was $68,349, a change of 7.5% from $63,557 in 20051.
Figure 1.1 Distribution of households by household total income, Cochrane and higher level geographies, 2015
Number and median total income of households, Cochrane and its census subdivisions, 2005 and 2015
| Geography | Number of households | Median total income of households | ||||
|---|---|---|---|---|---|---|
| 2006 | 2016 | % change | 2005 | 2015 | % change | |
| Cochrane | 33,340 | 34,010 | 2.0 | 63,557 | 68,349 | 7.5 |
| Timmins (City) | 17,390 | 17,740 | 2.0 | 65,817 | 73,541 | 11.7 |
| Cochrane (Town) | 2,285 | 2,270 | -0.7 | 57,246 | 65,654 | 14.7 |
| Kapuskasing (Town) | 3,745 | 3,800 | 1.5 | 57,817 | 60,019 | 3.8 |
| Hearst (Town) | 2,400 | 2,380 | -0.8 | 67,349 | 64,064 | -4.9 |
| Factory Island 1 (Indian reserve) | ... | 430 | ... | ... | 57,173 | ... |
| Iroquois Falls (Town) | ... | 2,030 | ... | ... | 64,400 | ... |
| Fort Albany (Part) 67 (Indian reserve) | ... | 205 | ... | ... | 57,472 | ... |
| Smooth Rock Falls (Town) | ... | 625 | ... | ... | 57,792 | ... |
| Val Rita-Harty (Township) | ... | 330 | ... | ... | 66,560 | ... |
| Moonbeam (Township) | ... | 545 | ... | ... | 73,830 | ... |
| Mattice-Val Côté (Township) | ... | 300 | ... | ... | 56,405 | ... |
| Constance Lake 92 (Indian reserve) | ... | 190 | ... | ... | 37,504 | ... |
| Fauquier-Strickland (Township) | ... | 265 | ... | ... | 54,912 | ... |
| Black River-Matheson (Township) | ... | 1,050 | ... | ... | 64,640 | ... |
| Cochrane, Unorganized, North Part (Unorganized) | ... | 1,170 | ... | ... | 80,320 | ... |
| Moosonee (Town) | ... | 490 | ... | ... | 73,370 | ... |
Figure 1.2 Median total income of households by household type, Cochrane, 2005 and 2015
Low income
- In 2015, 10,695 persons or 14.2% were in low income, while in 2005, 13.8% of the persons in Cochrane lived in low income2.
- The low-income rate for persons under 18 years of age was 18.5% compared to 12.3% for persons aged 18 to 64 and 16.0% for persons 65 and over in 2015.
- Persons living in lone-parent families had a higher rate of low income at 33.7%, while those living in couple families without children had a lower rate of 5.7%.
Figure 1.3 Percentage of persons in low income by five-year age groups, Cochrane, 2015
Figure 1.4 Percentage of persons in low income, Canada, Ontario, Cochrane and its census subdivisions, 2015
Figure 1.5 Percentage of persons in low income by census family type, #qCD.OFFNAME# and higher level geographies, 2015
Savings
- In 2015, 60.3% of households in Cochrane contributed to Registered Retirement Savings Plans (RRSPs), Registered Pension Plans (RPPs), or Tax-free Savings Accounts (TFSAs). In Ontario, 67.2% of households contributed to an account while 65.2% of households contributed nationally.
Percentage of households contributing to RRSPs, RPPs or TFSAs, RRSPs, RPPs and TFSAs, Cochrane, 2015
Median contribution amount
$ 6,858
$ 3,201
$ 4,217
$ 5,470
Income of couples
- In 27.9% of couples in Cochrane, each partner had fairly equal incomes3 in 2015 while men had higher income in 58.2% of couples and women had higher income in the remaining 13.9% of couples.
- For Canada overall, each partner had fairly equal incomes in 32.0% of couples with men having the higher income in 50.7% of couples and women having higher income in 17.3% of couples.
Figure 1.7 Characteristics of couples' total income, Cochrane and its census metropolitan areas and census agglomerations, 2015
- In 2015, the median total income of couples in Cochrane was $93,705.
- The median income of higher-income partners in 2015 was $63,993 and the median income of lower-income partners was $24,977.
Symbols:
Source:
Statistics Canada. 2017. Focus on Geography Series, 2016 Census. Statistics Canada Catalogue no. 98-404-X2016001. Ottawa, Ontario. Data products, 2016 Census.
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