7. INCOME

There were 7,575 persons over the age of 15 in the study area at the time of the survey, but only 7,492 earned any wages or salaries. Of the 7,492 wage and salary earners, 37.8% earned less than $3,000.00 per year. More than 87% earned less than $6,000.00 per year. Table 5.9 indicates the income distribution by sex of the wage earners in the area.

The analysis indicates that the women in the study area are in a much lower income bracket than the men. Of the female wage earners, 45.1% earned less than $3,000.00 in contrast to only 23.9% of the men. The proportion of women falls continuously as the income level rises.

Total income figures are available for the 7,575 persons over the age of 15. Total income includes wages, and all other payment such as pensions, welfare payments, children's allowance, and unemployment insurance. It gives a more complete picture of the income levels in the area than that given by the wages of employed persons only. Table 5.10 contains the figures.

Based on [XMLmind] income, 50.4% of the population over 15 received less than $3,000 per year and 88.2% received less than $6,000. If $3,000 income per year is considered as the poverty line, over half of the population of the study area is poor. This figure is even higher for the female component of the population. Of the females over 15, 61.4% received less than $3,000. The corresponding proportion for males was 38.6%.

Income figures were also analyzed by household, by family, and for persons over 65. Of the households, 63.8% earned less than $6,000 per year and 43.1% earned less than $3,000. These proportions are lower than the comparable proportions for single persons because they include income from all sources for every member of the household receiving any. Per family, the proportions decline further. Although 1,802 families were counted by the survey, only 1,442 reported their incomes. Of the 1,442 families, only 61.2% earned less than $6,000, and 26.3% earned less than $3,000. These figures imply that there are a great many single persons with very low incomes in the study area which may be due to the relatively high proportion of single, widowed and divorced persons, and persons over 65. Figures are also available for slightly over 1,300 persons in the over-65 age group. Fully 60% of this group have incomes below $1,500 per year. An additional 26.5% receive between $1,500 and $3,000 per year.

Geographical analysis indicates that the lowest incomes area concentrated in the area immediately adjacent to the retail core along Portage Avenue. There is also a high proportion of older people in these areas.