Income by Level of Education
Definition
Median after-tax income of individuals with different levels of education
Educational attainment refers to the highest level of education that a person has successfully completed.
Median income refers to the amount of income that divides a population into two equally-sized groups, half with an income above the median, and half with an income below the median.
Measurement and Limitations
Median after-tax income is presented for individuals age 15 years and over living in private households. It is based on total individual income less all federal and provincial income taxes.
Although similar to average income, median income is a more accurate summary measure because it is not affected by a few high or low incomes that can pull the average in one direction or another.
Source
Customized Census data, EO3246 Table 13 Part 2 and EO3751, “Target Group Profile of Highest Level of Education, 2016 and 2021” acquired through the Canadian Community Economic Development Network’s Community Data Program.
Income by Level of Education in the Sustainable Development Goals
Click on the SDG to reveal more information
1. End poverty in all its forms everywhere
Extreme poverty rates have been cut by more than half since 1990. While this is a remarkable achievement, one in five people in developing regions still live on less than $1.90 a day, and there are millions more who make little more than this daily amount, plus many people risk slipping back into poverty.
Poverty is more than the lack of income and resources to ensure a sustainable livelihood. Its manifestations include hunger and malnutrition, limited access to education and other basic services, social discrimination and exclusion as well as the lack of participation in decision-making. Economic growth must be inclusive to provide sustainable jobs and promote equality.
4. Ensure inclusive and quality education for all and promote lifelong learning
Obtaining a quality education is the foundation to improving people’s lives and sustainable development. Major progress has been made towards increasing access to education at all levels and increasing enrolment rates in schools particularly for women and girls. Basic literacy skills have improved tremendously, yet bolder efforts are needed to make even greater strides for achieving universal education goals. For example, the world has achieved equality in primary education between girls and boys, but few countries have achieved that target at all levels of education.