Household Contributions to Registered Savings Accounts (18) and Selected Household Characteristics (30) for Private Households of Canada, Provinces and Territories, Census Metropolitan Areas and Census Agglomerations, 2016 Census - 100% Data

This table details household contributions to registered savings accounts and selected household characteristics for private households in Owen Sound

Household contributions to registered savings accounts (18)	Selected household characteristics (30)
	Total - After-tax income of household^Footnote 1	Under $10,000	$10,000 to $19,999	$20,000 to $29,999	$30,000 to $39,999	$40,000 to $49,999	$50,000 to $59,999	$60,000 to $69,999	$70,000 to $79,999	$80,000 to $89,999	$90,000 to $99,999	$100,000 and over	$100,000 to $149,999	$150,000 to $199,999	$200,000 to $249,999	$250,000 and over	Total - Age of major income earner in the household^Footnote 2	15 to 24 years	25 to 34 years	35 to 44 years	45 to 54 years	55 to 70 years	71 years and over	Total - Households by household size	1 person	2 or more persons	2 persons	3 persons	4 persons	5 or more persons
Total - Household contributions to registered savings accounts^Footnote 3	13,885	310	1,330	1,670	1,655	1,605	1,405	1,155	1,000	830	610	2,315	1,640	445	110	125	13,890	470	1,665	1,870	2,490	4,580	2,815	13,885	4,400	9,485	5,410	1,835	1,460	785
No contributions to any registered savings accounts	5,445	255	1,060	1,135	930	695	465	315	195	150	80	165	125	20	15	10	5,445	285	660	625	750	1,735	1,390	5,450	2,390	3,055	1,925	555	375	210
Contributed to at least one type of registered savings account	8,445	55	270	535	730	905	935	840	810	685	535	2,150	1,520	425	95	110	8,445	180	1,005	1,245	1,740	2,845	1,425	8,445	2,010	6,435	3,485	1,285	1,085	580
Tax-free savings accounts (TFSAs)	5,405	50	240	445	555	590	590	535	480	380	310	1,220	835	245	65	70	5,405	145	575	550	845	1,900	1,390	5,405	1,465	3,940	2,420	735	525	260
Median contribution - TFSA ($)^Footnote 4	5,957	5,480	2,412	5,494	5,486	5,492	5,490	5,498	7,264	6,672	8,112	9,904	6,800	10,021	15,509	20,000	5,957	1,372	1,748	2,002	3,896	9,495	10,038	5,957	5,664	5,995	10,011	3,656	3,000	2,152
Registered retirement savings plans (RRSPs)	3,865	5	30	90	185	305	365	350	385	390	285	1,475	1,000	315	75	95	3,870	55	525	705	1,045	1,440	95	3,870	605	3,265	1,540	730	665	330
Median contribution - RRSP ($)^Footnote 5	2,813	0	602	872	1,203	1,652	1,917	1,676	2,512	2,712	2,995	5,491	4,468	6,080	17,600	26,352	2,813	1,414	1,896	2,109	3,006	3,828	728	2,813	2,099	2,993	3,208	2,646	2,728	2,552
Registered pension plans (RPPs)	3,630	0	10	55	145	280	340	335	385	340	285	1,450	1,025	325	55	45	3,630	40	525	800	1,100	1,135	30	3,635	560	3,070	1,265	730	720	360
Median contribution - RPP ($)^Footnote 6	4,048	0	0	738	1,316	2,252	2,632	2,672	3,477	3,700	4,632	7,500	6,880	11,221	9,680	7,872	4,048	822	3,300	5,056	4,739	3,712	846	4,048	3,336	4,268	3,704	3,928	6,192	5,448
Contributed to only one type of registered savings account	4,975	45	255	485	590	675	635	530	435	345	260	720	540	120	25	40	4,975	125	525	610	790	1,590	1,340	4,980	1,505	3,475	2,120	600	460	290
TFSA only	2,840	45	230	400	440	415	350	295	200	140	110	215	160	30	15	10	2,845	95	200	140	180	915	1,310	2,845	1,055	1,780	1,375	225	115	65
RRSP only	1,000	0	20	45	75	120	140	105	100	105	60	240	160	40	10	25	1,000	15	135	190	255	375	30	1,000	200	800	390	170	145	95
RPP only	1,135	0	10	40	70	145	150	130	130	105	90	265	220	45	0	0	1,140	15	185	280	350	300	5	1,135	240	895	355	205	205	130
Contributed to two types of registered savings accounts	2,470	10	10	50	120	185	245	250	305	245	195	860	610	160	40	50	2,470	50	340	465	655	880	75	2,465	395	2,075	985	465	415	205
TFSA and RRSP	970	5	10	40	65	90	110	110	120	100	75	250	165	30	15	35	970	30	140	115	205	420	65	970	185	785	450	165	110	55
RRSP and RPP	900	0	0	5	30	50	55	75	95	90	75	425	300	95	15	10	900	0	105	225	295	275	0	900	100	800	320	175	205	95
RPP and TFSA	595	0	5	5	35	45	75	65	85	50	45	190	140	35	5	5	595	20	95	120	160	185	10	595	105	490	215	125	100	55
Contributed to all three types of registered savings accounts (TFSA, RRSP and RPP)	1,000	0	0	5	15	45	60	65	70	90	80	565	365	150	30	20	995	5	140	170	295	380	5	995	115	885	375	225	205	80

Symbol(s)

Symbol ..

not available for a specific reference period

Symbol ...

not applicable

Symbol x

suppressed to meet the confidentiality requirements of the Statistics Act

Symbol F

too unreliable to be published

Footnote(s)

Footnote 1

After-tax income

'After-tax income' refers to total income less income taxes of the statistical unit during a specified reference period. Income taxes refers to the sum of federal income taxes, provincial and territorial income taxes, less abatement where applicable. Provincial and territorial income taxes include health care premiums in certain jurisdictions. Abatement reduces the federal income taxes payable by persons residing in Quebec or in certain self-governing Yukon First Nation settlement lands.

For the 2016 Census, the reference period is the calendar year 2015 for all income variables.

Footnote 2

Major income earner in the household - The person with the highest total income in the household.

Footnote 3

Registered savings accounts - A collective term for three types of savings accounts: tax-free savings accounts (TFSAs), registered retirement savings plans (RRSPs) and registered pension plans (RPPs).

Contributions to tax-free savings accounts (TFSAs) - Total dollar amount of contributions made by a person to tax-free savings accounts (TFSAs) during the reference period. Individuals can make contributions to their TFSAs up to a limit, known as the TFSA contribution room, in each calendar year.

The TFSA contribution room is made up of:
- the TFSA dollar limit for the calendar year;
- any unused TFSA contribution room from the previous year;
- any withdrawals made from the TFSA in the previous year.

Contributions to registered retirement savings plans (RRSPs) - Total registered retirement savings plan (RRSP) contributions a person deducted against his or her income for a given tax year. Contributions eligible for deductions include deposits made to his or her own registered retirement savings plans (RRSPs) and pooled registered pension plans (PRPPs) as well as his or her spouse's or common-law partner's registered retirement savings plans.

Individuals can make contributions to these plans up to a specified limit, known as the RRSP deduction limit for each tax year. The RRSP deduction limit is set at 18% of the contributor's prior year earned income up to an annual maximum, plus any unused RRSP deduction room carried forward from previous years, less any pension adjustments that are associated with registered pension plans (RPPs) from prior year and any employer's pooled registered pension plan (PRPP) contributions for the given tax year.

Contributions to registered pension plans (RPPs) - Total dollar amount of contributions made by an employee to registered pension plans (RPPs) during the reference year. A registered pension plan is an employer-sponsored plan registered with the Canada Revenue Agency. The purpose of such plans is to provide employees with a regular income at retirement.

Household contributions refer to the total amount of contribution from all household members.

For the 2016 Census, the reference period is the calendar year 2015 for these contributions variables.

Footnote 4

Median contribution - The median contribution of a specified group is the amount that divides the contribution distribution of that group into two halves, i.e., the contributions of half of the units in that group are below the median, while those of the other half are above the median. Median contributions of households are calculated for those with contributions only.

Footnote 5

Median contribution - The median contribution of a specified group is the amount that divides the contribution distribution of that group into two halves, i.e., the contributions of half of the units in that group are below the median, while those of the other half are above the median. Median contributions of households are calculated for those with contributions only.

Footnote 6

Median contribution - The median contribution of a specified group is the amount that divides the contribution distribution of that group into two halves, i.e., the contributions of half of the units in that group are below the median, while those of the other half are above the median. Median contributions of households are calculated for those with contributions only.

Data quality note(s) – Owen Sound

• Incomplete enumeration flag
  Default. Not applicable.
• Short-form data quality flag
  Global non-response rate (GNR), short-form census questionnaire: 5.0%.
• Short-form income data quality flag
  Default. Data quality index showing a short-form income non-response rate lower than 10%.

Source: Statistics Canada, 2016 Census of Population, Statistics Canada Catalogue no. 98-400-X2016103.