What you will find on this page is a low-income threshold calculator for Canada.
Low income in Canada is defined based on household, and the number of people in the household. The more people in the household, the higher the low-income threshold.
For example, if you have 4 people in your household, then in order to be considered low income, you will need an income of $48,700 or less, whereas, if you have 10 people in your household, then in order to be considered low-income, you will need to make $76,890 or less in income per year.
How this low-income threshold calculator works: Choose the number of individuals in your household, enter your family income, and then the calculator will indicate how much of a difference there is between your household’s income, and the amount greater or less than in order to be considered low-income.
Data To Be Considered Low Income in Canada Based on Household Size
- Households with 1 person = $24,500 or less in income to be considered low income
- Households with 2 people = $35,500 or less in income to be considered low income
- Households with 3 people = $42,500 or less in income to be considered low income
- Households with 4 people = $48,700 or less in income to be considered low income
- Households with 5 people = $54,500 or less in income to be considered low income
- Households with 6 people = $59,600 or less in income to be considered low income
- Households with 7 people = $64,800 or less in income to be considered low income
- Households with 8 people = $69,200 or less in income to be considered low income
- Households with 9 people = $73,100 or less in income to be considered low income
- Households with 10 people = $76,890 or less in income to be considered low income
Data Source: Statistics Canada
