{
  "id": "family-income",
  "parent": "consumer-prices-victoria",
  "category": "Work and income",
  "title": "Median family income after inflation, Greater Victoria",
  "geography": "Victoria census metropolitan area (Greater Victoria)",
  "scope": "region",
  "levels": [
    "Market and economy-wide factors",
    "Federal and provincial tax and benefit policy"
  ],
  "plain_question": "Is the typical family’s income keeping up with prices?",
  "value": 121850,
  "display_value": "$121,850",
  "unit": "median total income, all families, 2023",
  "period": "Calendar year 2023",
  "period_start": "2023-01-01",
  "period_end": "2023-12-31",
  "comparison": {
    "previous_period": "Calendar year 2022",
    "previous_value": 118156,
    "change_percent": 3.1,
    "change_basis": "in 2023 dollars"
  },
  "trend": "roughly_flat",
  "trend_basis": "$121,850 in 2023 against $113,930 in 2022 as reported, or $118,156 in 2023 dollars (+3.1% after inflation). Five years (2018 to 2023): +5.4% after inflation.",
  "direction_good": "up",
  "right_direction": "A higher income after inflation means the typical family can buy more.",
  "since_text": "People in low income (after-tax low income measure): 11.9% in 2023, 12.8% in 2022.",
  "caveats": [
    "Calculated here. Income is Statistics Canada’s median total income of all census families, before tax, from tax returns. Prices are the annual average consumer price index for Victoria.",
    "The median is the middle family: half had more income, half had less.",
    "Total income includes government transfers. In 2020 and 2021 pandemic benefits raised many incomes.",
    "The low income line is the share of all people in families or living alone whose after-tax income is below Statistics Canada’s low income measure (CFLIM-AT, table 11-10-0018-01)."
  ],
  "charts": [
    {
      "title": "Median family income, as reported and in 2023 dollars",
      "fmt": "money",
      "unit": "a year",
      "lines": [
        {
          "name": "As reported",
          "area": "cma",
          "series": [
            {
              "period": "2000",
              "value": 55200.0
            },
            {
              "period": "2001",
              "value": 58500.0
            },
            {
              "period": "2002",
              "value": 60400.0
            },
            {
              "period": "2003",
              "value": 61700.0
            },
            {
              "period": "2004",
              "value": 64200.0
            },
            {
              "period": "2005",
              "value": 66900.0
            },
            {
              "period": "2006",
              "value": 71500.0
            },
            {
              "period": "2007",
              "value": 74730.0
            },
            {
              "period": "2008",
              "value": 77810.0
            },
            {
              "period": "2009",
              "value": 77840.0
            },
            {
              "period": "2010",
              "value": 77820.0
            },
            {
              "period": "2011",
              "value": 79350.0
            },
            {
              "period": "2012",
              "value": 81580.0
            },
            {
              "period": "2013",
              "value": 84500.0
            },
            {
              "period": "2014",
              "value": 86430.0
            },
            {
              "period": "2015",
              "value": 89640.0
            },
            {
              "period": "2016",
              "value": 91400.0
            },
            {
              "period": "2017",
              "value": 95250.0
            },
            {
              "period": "2018",
              "value": 98240.0
            },
            {
              "period": "2019",
              "value": 101320.0
            },
            {
              "period": "2020",
              "value": 106900.0
            },
            {
              "period": "2021",
              "value": 111390.0
            },
            {
              "period": "2022",
              "value": 113930.0
            },
            {
              "period": "2023",
              "value": 121850.0
            }
          ]
        },
        {
          "name": "In 2023 dollars (after inflation)",
          "area": "cma",
          "series": [
            {
              "period": "2000",
              "value": 85038
            },
            {
              "period": "2001",
              "value": 89011
            },
            {
              "period": "2002",
              "value": 89513
            },
            {
              "period": "2003",
              "value": 89471
            },
            {
              "period": "2004",
              "value": 90960
            },
            {
              "period": "2005",
              "value": 92746
            },
            {
              "period": "2006",
              "value": 97662
            },
            {
              "period": "2007",
              "value": 100865
            },
            {
              "period": "2008",
              "value": 103143
            },
            {
              "period": "2009",
              "value": 103091
            },
            {
              "period": "2010",
              "value": 101971
            },
            {
              "period": "2011",
              "value": 101815
            },
            {
              "period": "2012",
              "value": 103600
            },
            {
              "period": "2013",
              "value": 107678
            },
            {
              "period": "2014",
              "value": 109198
            },
            {
              "period": "2015",
              "value": 112012
            },
            {
              "period": "2016",
              "value": 112224
            },
            {
              "period": "2017",
              "value": 114765
            },
            {
              "period": "2018",
              "value": 115641
            },
            {
              "period": "2019",
              "value": 116400
            },
            {
              "period": "2020",
              "value": 121492
            },
            {
              "period": "2021",
              "value": 123563
            },
            {
              "period": "2022",
              "value": 118156
            },
            {
              "period": "2023",
              "value": 121850
            }
          ]
        }
      ]
    },
    {
      "title": "People in low income, Greater Victoria (%)",
      "fmt": "dec1",
      "unit": "%",
      "lines": [
        {
          "name": "After-tax low income (CFLIM-AT)",
          "area": "cma",
          "series": [
            {
              "period": "2000",
              "value": 15.8
            },
            {
              "period": "2001",
              "value": 14.8
            },
            {
              "period": "2002",
              "value": 14.9
            },
            {
              "period": "2003",
              "value": 15.2
            },
            {
              "period": "2004",
              "value": 15.1
            },
            {
              "period": "2005",
              "value": 14.9
            },
            {
              "period": "2006",
              "value": 14.5
            },
            {
              "period": "2007",
              "value": 13.8
            },
            {
              "period": "2008",
              "value": 13.6
            },
            {
              "period": "2009",
              "value": 14.2
            },
            {
              "period": "2010",
              "value": 14.8
            },
            {
              "period": "2011",
              "value": 14.8
            },
            {
              "period": "2012",
              "value": 14.7
            },
            {
              "period": "2013",
              "value": 14.9
            },
            {
              "period": "2014",
              "value": 15.1
            },
            {
              "period": "2015",
              "value": 14.9
            },
            {
              "period": "2016",
              "value": 14.3
            },
            {
              "period": "2017",
              "value": 13.9
            },
            {
              "period": "2018",
              "value": 13.6
            },
            {
              "period": "2019",
              "value": 13.4
            },
            {
              "period": "2020",
              "value": 10.1
            },
            {
              "period": "2021",
              "value": 11.5
            },
            {
              "period": "2022",
              "value": 12.8
            },
            {
              "period": "2023",
              "value": 11.9
            }
          ]
        }
      ]
    }
  ],
  "calc": {
    "formula": "Income in 2023 dollars = income in year × (price index 2023 ÷ price index in that year). Change after inflation = 2023 income ÷ 2022 income in 2023 dollars − 1.",
    "steps": [
      "Price index for Victoria (2002 = 100): 142.9 in 2022, 148.2 in 2023.",
      "Median family income: $113,930 in 2022, $121,850 in 2023.",
      "2022 income in 2023 dollars: $113,930 × 148.2 ÷ 142.9 = $118,156.",
      "$121,850 ÷ $118,156 − 1 = +3.1%.",
      "Five years: price index 125.9 in 2018. 2018 income in 2023 dollars: $98,240 × 148.2 ÷ 125.9 = $115,641.",
      "$121,850 ÷ $115,641 − 1 = +5.4% after inflation."
    ],
    "inputs": [
      {
        "name": "Median total income, all families, Victoria",
        "agency": "Statistics Canada",
        "url": "https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1110000901",
        "dataset_url": "https://open.canada.ca/data/en/dataset/279a7e66-5cfb-410d-8727-ca1c3a00453b",
        "table": "11-10-0009-01",
        "period": "2000 to 2023",
        "data_published": "2025-07-18",
        "licence": {
          "name": "Open Government Licence - Canada",
          "url": "https://open.canada.ca/en/open-government-licence-canada"
        },
        "attribution": "Adapted from Statistics Canada, table 11-10-0009-01. This does not constitute an endorsement by Statistics Canada of this product."
      },
      {
        "name": "Consumer Price Index, all items, annual average, Victoria",
        "agency": "Statistics Canada",
        "url": "https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1810000501",
        "dataset_url": "https://open.canada.ca/data/en/dataset/4be5f92b-8546-4e76-ad98-bcf9d4b8aeed",
        "table": "18-10-0005-01",
        "period": "2000 to 2023",
        "data_published": "2026-01-19",
        "licence": {
          "name": "Open Government Licence - Canada",
          "url": "https://open.canada.ca/en/open-government-licence-canada"
        },
        "attribution": "Adapted from Statistics Canada, table 18-10-0005-01. This does not constitute an endorsement by Statistics Canada of this product."
      },
      {
        "name": "Percentage of persons in low income (CFLIM-AT), all persons, Victoria",
        "agency": "Statistics Canada",
        "url": "https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1110001801",
        "dataset_url": "https://open.canada.ca/data/en/dataset/9fca98d2-6f3e-47ff-b85f-b87963d29d9a",
        "table": "11-10-0018-01",
        "period": "2000 to 2023",
        "data_published": "2025-07-18",
        "licence": {
          "name": "Open Government Licence - Canada",
          "url": "https://open.canada.ca/en/open-government-licence-canada"
        },
        "attribution": "Adapted from Statistics Canada, table 11-10-0018-01. This does not constitute an endorsement by Statistics Canada of this product."
      }
    ]
  },
  "series": [
    {
      "period": "2000",
      "value": 55200.0
    },
    {
      "period": "2001",
      "value": 58500.0
    },
    {
      "period": "2002",
      "value": 60400.0
    },
    {
      "period": "2003",
      "value": 61700.0
    },
    {
      "period": "2004",
      "value": 64200.0
    },
    {
      "period": "2005",
      "value": 66900.0
    },
    {
      "period": "2006",
      "value": 71500.0
    },
    {
      "period": "2007",
      "value": 74730.0
    },
    {
      "period": "2008",
      "value": 77810.0
    },
    {
      "period": "2009",
      "value": 77840.0
    },
    {
      "period": "2010",
      "value": 77820.0
    },
    {
      "period": "2011",
      "value": 79350.0
    },
    {
      "period": "2012",
      "value": 81580.0
    },
    {
      "period": "2013",
      "value": 84500.0
    },
    {
      "period": "2014",
      "value": 86430.0
    },
    {
      "period": "2015",
      "value": 89640.0
    },
    {
      "period": "2016",
      "value": 91400.0
    },
    {
      "period": "2017",
      "value": 95250.0
    },
    {
      "period": "2018",
      "value": 98240.0
    },
    {
      "period": "2019",
      "value": 101320.0
    },
    {
      "period": "2020",
      "value": 106900.0
    },
    {
      "period": "2021",
      "value": 111390.0
    },
    {
      "period": "2022",
      "value": 113930.0
    },
    {
      "period": "2023",
      "value": 121850.0
    }
  ],
  "real_five": {
    "period": "2018",
    "previous_value": 115641,
    "change_percent": 5.4,
    "basis": "in 2023 dollars"
  },
  "refresh_frequency": "Annually (tax-return data, about 18 months after the year)",
  "source": {
    "name": "Calculated here from Statistics Canada data",
    "url": "https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1110000901",
    "dataset_url": "https://open.canada.ca/data/en/dataset/279a7e66-5cfb-410d-8727-ca1c3a00453b"
  },
  "licence": {
    "name": "Open Government Licence - Canada",
    "url": "https://open.canada.ca/en/open-government-licence-canada"
  },
  "derived": true,
  "retrieved_at": "2026-11-12T06:11:49Z",
  "data_published": "2026-01-19",
  "attribution": "Adapted from Statistics Canada, table 11-10-0009-01. This does not constitute an endorsement by Statistics Canada of this product. Adapted from Statistics Canada, table 18-10-0005-01. This does not constitute an endorsement by Statistics Canada of this product. Adapted from Statistics Canada, table 11-10-0018-01. This does not constitute an endorsement by Statistics Canada of this product.",
  "licence_type": "open",
  "source_tier": 1,
  "measure_kind": "outcome",
  "better_measure": null,
  "status_rule": {
    "rule": "One rule for every measure: a change smaller than 5% of the earlier value, or smaller than the agency's own margin of error, is “About the same”; no change is calculated across a marked break in a series; homelessness estimates, prices, staffing and comparison pages are shown for context without a label.",
    "reason": "The change is 3.1% of the earlier value, below the 5% threshold.",
    "threshold_percent": 5.0
  },
  "changes": {
    "year": {
      "period": "Calendar year 2022",
      "value": 118156,
      "text": "vs 2022: +3.1%"
    },
    "five_year": {
      "period": "2018",
      "value": 115641,
      "comparable": true,
      "text": "vs 2018: +5.4% after inflation"
    }
  },
  "direction": {
    "type": "outcome",
    "rule": "Outcome measures read Better, Worse or About the same; published government targets read Ahead of, On or Behind target; value-judgement measures read Rising, Falling or Steady in a neutral colour. A change smaller than the agency's own margin of error, or otherwise smaller than 5% of the earlier value, is About the same (or Steady). No change is calculated across a marked break in a series.",
    "key": "same",
    "label": "About the same this year. Better over 5 years.",
    "arrow": "▲",
    "rel": 3.1,
    "delta": null,
    "vs": "Calendar year 2022",
    "cur": "Calendar year 2023",
    "why": "The change is 3.1% of the earlier value, below the 5% threshold. Over 5 years (since 2018) the change is 5.4% of the earlier value, at or above the 5% threshold, so the label also says Better over 5 years.",
    "change": "3.1%",
    "one_year": "+3.1%",
    "five": {
      "period": "2018",
      "comparable": true,
      "rel": 5.4,
      "basis": "after inflation",
      "text": "+5.4%",
      "years": 5
    },
    "label_one_year": "About the same",
    "long_key": "better",
    "long_label": "Better over 5 years"
  },
  "decided_by": [
    {
      "body": "NONE",
      "name": "No government decides this directly",
      "note": "Employers, workers and families decide most income. Tax and benefit rules also affect it; no law is cited for that yet."
    },
    {
      "body": "BOC",
      "name": "Bank of Canada",
      "decides": "Sets and publishes the minimum rate at which it lends, as part of its job to regulate credit and currency.",
      "laws": [
        {
          "key": "boc21",
          "label": "Bank of Canada Act, s. 21",
          "url": "https://laws-lois.justice.gc.ca/eng/acts/B-2/FullText.html"
        },
        {
          "key": "boc",
          "label": "Bank of Canada Act, preamble",
          "url": "https://laws-lois.justice.gc.ca/eng/acts/B-2/FullText.html"
        }
      ],
      "last": {
        "text": "Rate set at 2.50% on October 28, 2026",
        "label": "Rate set at 2.50% on October 28, 2026",
        "url": "https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/"
      },
      "next": {
        "text": "Next scheduled announcement December 9, 2026",
        "label": "Next scheduled announcement December 9, 2026",
        "url": "https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/"
      }
    }
  ],
  "main_decision_maker": "No government decides this directly"
}