September 13, 2017
The myth of London as a prosperous fat-cat city has taken another blow, this time by the latest national information about income levels.
The annual median household income in metro London, the so-called London census metropolitan area (CMA), which includes Strathroy and St. Thomas, was $64,743 last year, the second-lowest among large Ontario cities and well below national and provincial averages.
Worse, the median household income fell by 2.1 per cent compared to a decade earlier., while the median income across Canada grew by 10.8 per cent to $70,366.
Windsor fares even worse with a 6.4 per cent drop in household income in the past decade, but income in the border city is higher than London at $65,983.