|Indicators (2018)||City of Toronto||Toronto Region|
|Land Area (km2)||630||5,903|
|Population (July 2018)||2,956,024||6,341,935|
|Unemployment Rate (Population 15+)||6.4%||6.0%|
|Gross Domestic Product (in 2007 $ billion, 2017)||$158.7||$336.7|
|Average (Mean) Household Income (2015)||$98,174||$104,378|
For the most recent monthly indicators, see the Toronto Economic Bulletin.
|Indicators (2018)||City of Toronto||Toronto Region *|
|Labour Force (Pop 15+)||1,636,167||3,568,700|
|Average Income (Pop 15+, 2015)||$47,617||$46,082|
|Office Space Inventory (ft2) *||122,789,917||176,971,072|
|Industrial Space Inventory (ft2) *||231,645,110||782,414,875|
|Retail Space Inventory (ft2) *||48,972,434||138,007,518|
|Average Price All Home Types *||$835,422||$787,300|
|Housing Starts (units)||22,761||41,107|
|Total Annual Building Permits ($000s)||$10,436,155||$18,885,619|
|Residential Building Permits ($000s)||$6,180,986||$11,875,016|
|Commercial Building Permits ($000s)||$2,771,987||$4,663,934|
|Industrial Building Permits ($000s)||$524,260||$1,105,276|
|Institutional Building Permits ($000s)||$958,923||$1,241,394|
|Residential Tax Rate||0.6355054%||N/A|
|Multi Residential Tax Rate||1.3147559%||N/A|
|Commercial Tax Rate||2.4038506%||N/A|
|Industrial Tax Rate||2.4470392%||N/A|
|Retail Sales ($billion)||N/A||$92.2|
|Number of Businesses (active locations with employees)||93,581||215,336|
|Number of Visitors (million, 2017)||N/A||43.7|
Toronto region is defined as Toronto Census Metropolitan Area (CMA) unless denoted with an asterisk (*), which indicates Greater Toronto Area (GTA) or other regional geography. Number of businesses in the city of Toronto and Toronto CMA comprise of businesses with and without physical locations; see Statistics Canada’s Business Register for more information on the number of registered businesses.
Toronto – the name derived from the Huron word for “fishing weir” – is on the northwest shore of Lake Ontario at Latitude 43 39 N, Longitude 79 23 W.
Located on a broad sloping plateau cut by numerous river valleys, Toronto covers 641 sq.km. and stretches 43 km from east to west and 21 km from north to south at its longest points. The perimeter is approximately 180 km.
Statistics source: Geospatial Competency Centre, Parks, Forestry & Recreation, Natural Resources Canada.
476,966: Number of Toronto households that rent
46: As a percentage of all households
43.5: Percentage of renters paying more than 30% of pre-tax income on rent
1.6%: Toronto CMA vacancy rate (2014)
$1,264: Average market rent in Toronto for a two-bedroom apartment (Fall 2014)
$1,173: Monthly amount of Ontario Works (October 2014), two parents, two children ($710 of which is maximum shelter allowance)
City of Toronto, 2011 National Household Survey Backgrounder, September 2013
Canada Mortgage and Housing Corporation, Rental Market Report, Greater Toronto Area, Fall 2014
On April 26, 2018 the City conducted its fourth Street Needs Assessment. The 2018 Street Needs Assessment (SNA) is a needs assessment survey and point-in-time count of people experiencing homelessness in Toronto.
Based on the survey, the top three causes of homelessness were identified as migration, an inability to pay the cost of housing and eviction.
Key finding from the SNA include:
$962: Average private market rent for a bachelor apartment in Toronto (Fall 2016).
$1,137: Average private market rent for a two bedroom apartment in Toronto (Fall 2016).
1.3: Overall vacancy rate for private market rentals in Toronto (Fall 2016)
$706: Ontario Works total monthly allowance for a single adult (Fall 2016).
$1,205: Ontario Works total monthly allowance for a two-adult family with two children (Fall 2016).
46: Percentage of Toronto renter households paying more than 30 per cent of pre-tax income on rent. Almost half of Toronto households rent.
94,000: Number of social housing units in Toronto (As of 2017, all programs are under administration by the City of Toronto).
69,000: Approximate number of rent-geared-to-income units where rents are set at 30 per cent of household income.
90,141: Number of people on the centralized waiting list for rent-geared-to-income (RGI) units as of September 30, 2017
8.5: Average number of years an applicant on the chronological list waits to be housed in a two bedroom apartment*
$2,250: Monthly cost of a single shelter bed and services in Toronto.
$305.92: Monthly cost of subsidizing each unit of Toronto’s social housing.
Sources: City of Toronto 2017 budget analyst notes for Shelter, Support and Housing Administration, Ministry of Community and Social Services, 2013 Street Needs Assessment results, Canada Mortgage and Housing Corporation, and Access to Housing (formerly Housing Connections).