Statistics Canada reports that between 1984 an 2009,
real average household debt (that is, adjusted for inflation) more than doubled.
Not exact matches
Federal Reserve data show that
average family income at
households headed by self - employed people declined 5.4 percent in
real terms between 1989 and 2010, while
average family income at
households headed by people working for others rose 20.4 percent in inflation - adjusted terms over the same period.
If we assume that disposable
household income is currently half of GDP, eight years of
real GDP growth of 6.9 % and
real disposable
household income growth of 7.7 % will only raise the
household income share of GDP to 53.1 % in 2023, a little more than 3 percentage points higher and still below its 21st Century
average and leaving China as dependent as ever on investment and the current account surplus.
A recent report by Sotheby's International Realty found Boomers with an
average household income of $ 300,000 to $ 500,000 are the principal drivers of the luxury
real estate market in Canada.
If an aver - age
household today produces more than twice as much labor in hours as an
average household did 25 years ago, and receives only a fraction more in
real income, then obviously the value of labor has fallen — even while the productivity of labor in the same period has risen sharply.
In Vancouver, for instance,
real estate accounts for 55 % of the
average household's net worth, and 65 % of the
average household's assets before debt is deducted.
Your
real - world affordability may be lower if you have above -
average debt, significant
household expenses (daycare is a huge one for many young families), or if you're self - employed and have unpredictable income.
But the
average Canadian
household is still 7 % richer in
real terms in grim 2009 than it was in bubbly 2000.
According to MoneySense's most recent All - Canadian Wealth Test, the
average household in this country is 7 % richer in
real terms than in 2000, during the height of the dot - com boom.
In order to get a
real - world estimate, we multiply that number by the
average household electricity usage in Ontario, which StatsCan tells us is 22kWh per day.
A less efficient diversity case reduces
real disposable income per
household by about $ 845 (2016 dollars) annually, equal to 0.76 % of the 2016
average household disposable income.»
In other words, it's not economics that are preventing the
average American
household from adequately insuring themselves against the unthinkable, but rather a lack of knowledge about how to calculate their
real insurance needs coupled with a lack of awareness regarding how affordable adequate term life insurance can be.
From median
household income to
average drive times, site selection technology allows
real estate professionals to visualize a specific site by layering different pieces of data on a map, says Michael Kesselman, co-founder and chief product officer at Woeburn, Mass. - based geoVue.
The
average effective property tax rate in the county is 0.93 %, and the median total of
real estate taxes paid per
household in Montgomery County is $ 4,193.