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Economy, jobs and prices in Markham, Canada: official figures

The median total income of households in Markham was C$104,000 in 2020, as reported in the 2021 Census, 10th highest of 69 Canadian cities and metropolitan areas on this site; the median for Canada was C$84,000.

Median household income (2020)
C$104,000
2020
Unemployment rate (Census, May 2021)
13.8%
2021

What is the median after-tax household income in Markham?

After income taxes, the median household in Markham had C$92,000 in 2020 (10th highest of 69 Canadian cities and metropolitan areas on this site; Canada: C$73,000).

Source: Statistics Canada · saved copy

What is the median salary in Markham?

People in Markham who worked full-year, full-time in 2020 had median employment income of C$70,500, 12th highest of 69 Canadian cities and metropolitan areas on this site (Canada: C$63,600).

Source: Statistics Canada · saved copy

What was the unemployment rate in Markham at the 2021 Census?

At the 2021 Census, taken in May 2021 during the COVID-19 pandemic, the unemployment rate in Markham was 13.8%, 9th highest of 69 Canadian cities and metropolitan areas on this site, above the national 10.3%; 23,475 people aged 15 and over were looking for work.

Source: Statistics Canada · saved copy

What share of adults in Markham work?

60.2% of people aged 15 and over in Markham were in the labour force in May 2021 and 51.9% were employed, a participation rate 12th lowest of 69 Canadian cities and metropolitan areas on this site (Canada: 63.7% and 57.1%).

Source: Statistics Canada · saved copy

What industries do people in Markham work in?

In 2021, 9.5% of the labour force in Markham worked in health care and social assistance, 10.5% in retail trade, 8.0% in manufacturing and 13.3% in professional, scientific and technical services (Canada: 12.7%, 11.1%, 8.0% and 8.1%).

Source: Statistics Canada · saved copy

How do people in Markham get to work?

Of employed residents of Markham commuting to a usual or no fixed workplace in May 2021, 87.2% went by car, truck or van, 7.8% by public transit and 2.3% on foot; 38.6% of all employed residents worked at home (Canada: 7.7% by transit, 24.3% at home).

Source: Statistics Canada · saved copy

What is the unemployment rate in Markham now?

In the three months July to September 2026, the Labour Force Survey put the seasonally adjusted unemployment rate in the Toronto census metropolitan area, which includes Markham, at 6.9%, joint 8th highest of 41 metropolitan areas in the survey, against 8.8% a year earlier and 6.5% for Canada; 62.1% of people aged 15 and over were employed.

Source: Statistics Canada · saved copy

How much is a house worth in Markham?

Owners in Markham valued their homes at a median C$1,100,000 in 2021, joint 6th highest of 69 Canadian cities and metropolitan areas on this site (Canada: C$472,000); median monthly shelter costs for owned dwellings were C$1,840 and 58.8% of owner households had a mortgage.

Source: Statistics Canada · saved copy

How much is rent in Markham?

Renter households in Markham paid median monthly shelter costs of C$1,940 in 2021, 4th highest of 69 Canadian cities and metropolitan areas on this site (Canada: C$1,070); 18.3% of households rented their home (Canada: 33.1%).

Source: Statistics Canada · saved copy

How Markham compares with other cities in Canada

Median total household income, 2020 (2021 Census) (2020)

Markham ranks 10 of 69, highest first.

RankCityMedian total household income, 2020 (2021 Census)
7BurlingtonC$110,000
8LangleyC$108,000
9DeltaC$108,000
10MarkhamC$104,000
11OttawaC$102,000
12MississaugaC$102,000
13Richmond HillC$102,000
Source: Statistics Canada · saved copy

Median employment income of full-year, full-time workers, 2020 (2021 Census) (2020)

Markham ranks 12 of 69, highest first.

RankCityMedian employment income of full-year, full-time workers, 2020 (2021 Census)
9Richmond HillC$74,000
10CalgaryC$72,500
11LangleyC$71,000
12MarkhamC$70,500
13AjaxC$70,000
14TorontoC$69,500
15VancouverC$69,500
Source: Statistics Canada · saved copy

Unemployment rate, census reference week of May 2021 (2021)

Markham ranks 9 of 69, highest first.

RankCityUnemployment rate, census reference week of May 2021
6Peterborough14.7%
7Mississauga14.0%
8Toronto13.9%
9Markham13.8%
10Ajax13.4%
11Brampton13.3%
12London13.3%
Source: Statistics Canada · saved copy

Labour force participation rate, May 2021 (2021 Census) (2021)

Markham ranks 58 of 69, highest first.

RankCityLabour force participation rate, May 2021 (2021 Census)
55Kingston60.7%
56Saint John60.7%
57Nanaimo60.3%
58Markham60.2%
59Richmond60.1%
60Saguenay59.9%
61Trois-Rivières58.8%
Source: Statistics Canada · saved copy

Median value of owned dwellings, 2021 Census (2021)

Markham ranks 6 of 69, highest first.

RankCityMedian value of owned dwellings, 2021 Census
3OakvilleC$1,200,000
4Richmond HillC$1,200,000
5DeltaC$1,190,000
6MarkhamC$1,100,000
7CoquitlamC$1,100,000
8SurreyC$1,000,000
9LangleyC$1,000,000
Source: Statistics Canada · saved copy

Median monthly shelter costs for rented dwellings, 2021 Census (2021)

Markham ranks 4 of 69, highest first.

RankCityMedian monthly shelter costs for rented dwellings, 2021 Census
1MiltonC$2,200
2VaughanC$2,040
3OakvilleC$2,040
4MarkhamC$1,940
5Richmond HillC$1,860
6BurlingtonC$1,660
7RichmondC$1,640
Source: Statistics Canada · saved copy

More on Markham: overview · education and schools · poverty and living standards · all cities in Canada

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