What is the average income in Pembroke Ontario?

Pembroke is a small, scenic city located in the heart of the Ottawa Valley, in Eastern Ontario. With a population of just over 15,000 people, it is known for its rich history, picturesque landscape, and friendly community. While the average income in Pembroke may not be as high as in larger cities, it is still a great place to live and work.

According to the 2016 Canadian Census, the average income in Pembroke was $36,908 per year. This figure takes into account all sources of income, including employment earnings, government transfers, and investment income. This number is lower than the national average income of $51,974, which can be attributed to the fact that Pembroke is a smaller city with fewer job opportunities and fewer high-paying positions.

However, it is important to note that the average income in Pembroke does not tell the whole story. The cost of living in Pembroke is significantly lower than in larger cities, meaning that residents can stretch their dollars further. The city also offers a high quality of life, with plenty of outdoor recreational activities, a strong sense of community, and a low crime rate.

For those looking to earn a higher income in Pembroke, there are a variety of job opportunities available. The city has a strong manufacturing industry, with companies such as OPG and Zenon Environmental employing hundreds of workers. There are also opportunities in healthcare, education, and retail.

Overall, the average income in Pembroke may be lower than in larger cities, but the cost of living is also lower, making it an attractive option for those seeking a high quality of life. The city offers a range of job opportunities and a strong sense of community, making it a great place to call home.

How does the average income in Pembroke Ontario compare to other cities in the region?

Pembroke, Ontario is a small town nestled in the heart of the Ottawa Valley. The average income in Pembroke is comparable to other cities in the region such as Renfrew, Arnprior, and Petawawa. According to the most recent Statistics Canada data, the average income in Pembroke is $32,848 per year. This is slightly lower than the Canadian average of $36,000 but is in line with other small towns in the region.

When compared to other cities in the region, such as Ottawa and Kingston, the average income in Pembroke is lower. Ottawa’s average income is $48,390 per year, while Kingston’s average income is $46,136 per year. However, it’s important to note that the cost of living in Pembroke is much lower than in these larger cities. Housing is much more affordable in Pembroke, and residents can enjoy a lower cost of living overall.

In conclusion, while Pembroke’s average income may be lower than larger cities in the region, residents can still enjoy a good quality of life due to the town’s lower cost of living. Additionally, other small towns in the area have comparable average incomes to Pembroke, making it a viable option for those looking to settle down in the Ottawa Valley.

What factors contribute to the variations in income levels among individuals and households in Pembroke Ontario?

Pembroke, like many other areas, experiences significant variations in income levels among individuals and households. Factors contributing to these variations include education and skills, occupations, industry, experience, and gender. Education and skills play an important role in determining salaries in Pembroke, as individuals with higher education and advanced skills generally receive higher pay. Those with lower levels of education are more likely to have lower-paying jobs with fewer opportunities for advancement. Additionally, occupations and industry are important factors since certain professions and industries pay more than others. For example, healthcare and technology are known to offer higher salaries compared to retail or food service industries.

Experience also affects income levels in Pembroke, as workers with more experience in their field can command higher salaries. Gender is also a factor that disproportionately affects women’s income levels, with women often earning less than men in the same profession and industry. Other factors that affect income levels include location, government policies and taxes, and economic conditions.

Overall, many factors contribute to income variations in Pembroke, with education and skills, occupations, industry, experience, and gender being the most significant factors. These variations are important to consider when addressing income inequality and creating policies aimed at improving the economic well-being of Pembroke residents.

How do income levels affect the standard of living and economic growth in Pembroke Ontario?

The income levels in Pembroke, a small town located in Ontario, have a significant impact on the standard of living of its residents and overall economic growth. The higher the income levels, the more disposable income people have to spend on goods and services, which will drive economic activity and create new job opportunities. When individuals earn a higher income, they have more money to spend on purchasing homes, cars, luxury goods, and vacations which will boost the local economy. As a result, businesses will grow and expand their operations, thereby contributing to the economic growth and development of Pembroke.

Higher income levels also play a pivotal role in improving the standard of living in Pembroke. With a higher income, individuals can afford better education opportunities for their children, improved healthcare access, and better quality food and housing. This will result in improved health outcomes and reduced poverty levels, and people will have a higher standard of living. Ultimately, this will lead to a more productive and sustainable economy.

In conclusion, the income levels of residents in Pembroke have a significant influence on the economic growth and standard of living in the area. As income levels increase, they will increase the demand for goods and services, leading to an improved economy, better job opportunities, and a higher standard of living for residents. It is essential to create policies that aim to raise income levels and reduce poverty levels in Pembroke to ensure the long-term sustainable development of the town.

Are there any initiatives or programs in Pembroke Ontario aimed at reducing income inequality?

Pembroke, a small city in Renfrew County, has a number of initiatives and programs aimed at reducing income inequality. One such program is the Poverty Reduction Roundtable, a local organization dedicated to reducing poverty and promoting socioeconomic equity. The Roundtable is made up of community members, representatives from the city, and local organizations who work together to identify and address the root causes of poverty in Pembroke. They work on various initiatives such as increasing access to affordable housing, providing support for employment and training, and addressing the social determinants of health.

Another initiative aimed at reducing income inequality in Pembroke is the Ontario Works program. Administered by the province, Ontario Works provides financial assistance to eligible individuals and families with low income. Assistance can include money for food, shelter, clothing, and other basic needs. The program also offers employment readiness services to help people in Pembroke improve their skills and find better-paying jobs so they can become more self-sufficient. Through these efforts, Pembroke is taking important steps to reduce income inequality and promote a more equitable community.

Overall, Pembroke is making strides towards reducing income inequality within the community. These programs and initiatives demonstrate a commitment to improving the lives of those most vulnerable to financial insecurity, and promoting equity and opportunity for all residents. However, more work can always be done to further address income inequality within the city, and to create a stronger and more inclusive community.

How has the average income in Pembroke Ontario changed over the past decade, and what are the projected trends for the future?

Over the past decade, the average income in Pembroke, Ontario has seen a steady increase. According to Statistics Canada, the median household income in Pembroke in 2011 was $58,890. By 2016, this number had risen to $65,556, indicating a 11.3% increase in just five years. The data suggests that employment opportunities in the region have been on the rise, with more individuals earning relatively higher paycheques.

Looking ahead, the projected trend for the future is promising. Pembroke’s strong economic foundation and diverse range of industries are expected to continue supporting growth in the years to come. With the recent implementation of several governmental initiatives, such as the Ontario Jobs and Prosperity Fund, the region is well positioned to attract new investments and talent, further boosting its economic growth. However, like all cities and towns, Pembroke is not immune to external economic factors, such as recessions or increased competition. Therefore, continued vigilance and commitment to investing in the local economy will be crucial for Pembroke’s continued growth and prosperity.

Recent Posts