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

The median total income of households in Oakville was C$128,000 in 2020, as reported in the 2021 Census, the highest of 69 Canadian cities and metropolitan areas on this site; the median for Canada was C$84,000.

Median household income (2020)
C$128,000
2020
Unemployment rate (Census, May 2021)
11.7%
2021

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

After income taxes, the median household in Oakville had C$108,000 in 2020 (the 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 Oakville?

People in Oakville who worked full-year, full-time in 2020 had median employment income of C$91,000, the 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 Oakville at the 2021 Census?

At the 2021 Census, taken in May 2021 during the COVID-19 pandemic, the unemployment rate in Oakville was 11.7%, 25th highest of 69 Canadian cities and metropolitan areas on this site, above the national 10.3%; 13,245 people aged 15 and over were looking for work.

Source: Statistics Canada · saved copy

What share of adults in Oakville work?

65.2% of people aged 15 and over in Oakville were in the labour force in May 2021 and 57.6% were employed, a participation rate joint 33rd highest 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 Oakville work in?

In 2021, 9.4% of the labour force in Oakville worked in health care and social assistance, 10.3% in retail trade, 6.6% in manufacturing and 15.0% 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 Oakville get to work?

Of employed residents of Oakville commuting to a usual or no fixed workplace in May 2021, 85.2% went by car, truck or van, 7.1% by public transit and 3.7% on foot; 44.9% 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 Oakville 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 Oakville, 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 Oakville?

Owners in Oakville valued their homes at a median C$1,200,000 in 2021, joint 2nd highest of 69 Canadian cities and metropolitan areas on this site (Canada: C$472,000); median monthly shelter costs for owned dwellings were C$2,080 and 61.1% of owner households had a mortgage.

Source: Statistics Canada · saved copy

How much is rent in Oakville?

Renter households in Oakville paid median monthly shelter costs of C$2,040 in 2021, joint 2nd highest of 69 Canadian cities and metropolitan areas on this site (Canada: C$1,070); 22.5% of households rented their home (Canada: 33.1%).

Source: Statistics Canada · saved copy

How Oakville compares with other cities in Canada

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

Oakville ranks 1 of 69, highest first.

RankCityMedian total household income, 2020 (2021 Census)
1OakvilleC$128,000
2MiltonC$126,000
3VaughanC$124,000
4WhitbyC$123,000
5AjaxC$119,000
6BramptonC$111,000
7BurlingtonC$110,000
Source: Statistics Canada · saved copy

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

Oakville ranks 1 of 69, highest first.

RankCityMedian employment income of full-year, full-time workers, 2020 (2021 Census)
1OakvilleC$91,000
2BurlingtonC$81,000
3WhitbyC$80,000
4OttawaC$77,500
5MiltonC$76,500
6VaughanC$75,000
7WaterlooC$74,500
Source: Statistics Canada · saved copy

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

Oakville ranks 25 of 69, highest first.

RankCityUnemployment rate, census reference week of May 2021
22Red Deer12.3%
23Waterloo12.0%
24Belleville11.9%
25Oakville11.7%
26Cambridge11.5%
27St. John's11.5%
28Halifax11.4%
Source: Statistics Canada · saved copy

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

Oakville ranks 34 of 69, highest first.

RankCityLabour force participation rate, May 2021 (2021 Census)
31Lethbridge65.4%
32Abbotsford65.3%
33Longueuil65.2%
34Oakville65.2%
35Abbotsford-Mission65.2%
36Burlington65.0%
37Coquitlam65.0%
Source: Statistics Canada · saved copy

Median value of owned dwellings, 2021 Census (2021)

Oakville ranks 3 of 69, highest first.

RankCityMedian value of owned dwellings, 2021 Census
1VancouverC$1,450,000
2VaughanC$1,200,000
3OakvilleC$1,200,000
4Richmond HillC$1,200,000
5DeltaC$1,190,000
6MarkhamC$1,100,000
7CoquitlamC$1,100,000
Source: Statistics Canada · saved copy

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

Oakville ranks 3 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 Oakville: overview · education and schools · poverty and living standards · all cities in Canada

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