With a median household income of an impressive 55% higher than the national average, the people of Credit Valley enjoy a comfortable standard of living, reflecting their dedication to hard work and economic well-being. Additionally, Credit Valley has a commendable low unemployment rate, 2% lower than the national average, underscoring the community's resilience and commitment to economic stability. Notably, 1.5% of residents earn $20,000 or less, and 12.8% of the neighbourhood's population earns between $80,000 and $100,000. Moreover, a mere 4.4% of people in the area earn $300,000 or more.
Index |
Credit Valley |
Brampton |
Ontario |
Median household income |
$127,681 |
$ 99,758 |
$ 87,353 |
Unemployment rate |
6.3% |
5.1% |
4.20% |
In labour force |
66.5% |
62.9% |
61.70% |
Credit Valley is a diverse and inclusive community, reflecting a rich tapestry of cultures and backgrounds. Within its population, 68.00% identify as South Asian. Additionally, the community includes a 10.11% black population. Furthermore, Credit Valley embraces global diversity, with 2.88% of its population identifying as Chinese, showcasing the town's welcoming and inclusive spirit.
Speak English only |
88.6% |
Speak French only |
0.1% |