Table 3
Gini coefficients of household debt and income before tax among debtors
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Debt outstanding | Income before tax | |
---|---|---|
Gini coefficient | ||
Total | 0.611 | 0.372 |
Age | ||
Under 45 | 0.583 | 0.347 |
45 to 64 | 0.614 | 0.382 |
65 and over | 0.739 | 0.439 |
Household type | ||
Unattached individuals | 0.669 | 0.387 |
Married couples only | 0.612 | 0.342 |
Married couples with children and/or relatives | 0.541 | 0.326 |
Lone parents | 0.628 | 0.479 |
Others | 0.710 | 0.394 |
Education1 | ||
Less than postsecondary | 0.635 | 0.382 |
Postsecondary: non-university | 0.602 | 0.339 |
Postsecondary: university | 0.572 | 0.352 |
Household income before tax | ||
Under $50,000 | 0.691 | 0.220 |
$50,000 to $99,999 | 0.553 | 0.113 |
$100,000 and over | 0.559 | 0.228 |
Region | ||
Atlantic | 0.560 | 0.368 |
Quebec | 0.602 | 0.352 |
Ontario | 0.589 | 0.364 |
Manitoba and Saskatchewan | 0.585 | 0.349 |
Alberta | 0.579 | 0.389 |
British Columbia | 0.632 | 0.381 |
Tenure1 | ||
Owner without a mortgage | 0.747 | 0.408 |
Owner with a mortgage | 0.485 | 0.329 |
Renter | 0.693 | 0.391 |
1. Excludes those with missing information on this characteristic. Source: Statistics Canada, Canadian Financial Capability Survey, 2009. |
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