By Tom Mark

Census Shows Rise In Vernon Household Incomes

Sep 13, 2017 | 11:03 AM

Statistics Canada says results from the 2016 census indicate Canadian’s income rose slightly more than 10 per cent from 2005.

The median household income in British Columbia was $69,995, up 12.2% from 2005.

In Vernon, the median household income was 64 thousand 780 dollars.

That’s up 13.4 per cent from the 57 thousand 121 dollars noted in 2005.

Breaking it down even further, In 2015, 7,920 people or 14.1% were in low income, while in 2005, 14.8% of the persons in Vernon lived in low income.

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The low-income rate for those under 18 years of age was 17.1% compared to 13.2% for those aged 18 to 64 and 13.8% for persons 65 and over in 2015.

Single parent families in Vernon had a higher rate of low income at 32.9%, while those living in couple families without children had a lower rate of 6.5%.

In 31.7% of couples in Vernon, each partner had fairly equal incomes in 2015 while men had higher income in 53.8% of couples and women had higher income in the remaining 14.5% of couples.

In 2015, the median total income of couples in Vernon was $84,426.

The median income of higher-income partners in 2015 was $56,865 and the median income of lower-income partners was $23,296.

The report also shows the median total income of households in Coldstream in 2015 rose by 14.3 per cent from 2005 to 95 thousand 921 dollars.

by Tom Mark