Toronto at a Glance (original) (raw)
Quick facts about the City, including population, land area, average household income and more.
| Indicators (2023) | City of Toronto | Toronto Region |
|---|---|---|
| Land Area (km2) | 630 | 5,903 |
| Population (July 2022) | 3,025,647 | 6,471,850 |
| Unemployment Rate (Population 15+, 2022) | 6.8% | 6.3% |
| Gross Domestic Product (in 2012 $ billion, 2021) | 171∣171 | 171∣369 |
| Average (Mean) Household Income (2020) | 84,000∣84,000 | 84,000∣97,000 |
For the most recent monthly indicators, see the Toronto Economic Bulletin.
Economic Indicators
| Indicators (2023) | City of Toronto | Toronto Region * |
|---|---|---|
| Labour Force (Pop 15+, 2022) | 1,631,000 | 3,780,700 |
| Average Income (Pop 15+, 2020) | 49,080∣49,080 | 49,080∣47,600 |
| Office Space Inventory (ft2) * | 127,733,194 | 185,772,057 |
| Industrial Space Inventory (ft2) * | 225,754,528 | 813,055,010 |
| Retail Space Inventory (ft2) * | 48,972,434 | 138,007,518 |
| Average Price All Home Types * | 1,140,595∣1,140,595 | 1,140,595∣1,189,850 |
| Housing Starts (units) | 17,959 | 45,109 |
| Total Annual Building Permits ($000s) | 12,021,189∣12,021,189 | 12,021,189∣24,906,629 |
| Residential Building Permits ($000s) | 6,462,632∣6,462,632 | 6,462,632∣15,373,622 |
| Commercial Building Permits ($000s) | 3,367,531∣3,367,531 | 3,367,531∣5,331,909 |
| Industrial Building Permits ($000s) | 899,284∣899,284 | 899,284∣2,427,042 |
| Institutional Building Permits ($000s) | 1,292,452∣1,292,452 | 1,292,452∣1,774,054 |
| Residential Tax Rate | 0.506% | N/A |
| Multi Residential Tax Rate | 0.968% | N/A |
| Commercial Tax Rate | 1.281% | N/A |
| Industrial Tax Rate | 1.273% | N/A |
| Retail Sales ($billion) | N/A | $117.3 |
| Number of Businesses (active locations with employees) | 96,351 | 230,582 |
| Number of Visitors (million, 2017) | N/A | 44.5 |
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.
Geography
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.
More statistics:
- Waterfront is 76.5 meters above sea level; shoreline stretches 43 km or 138 km when including in the bays and islands
- The intersection of Steeles Avenue West and Keele Street is the highest point at 209 meters
307 km of rivers and creeks run through the city - All rivers and creeks flow into Lake Ontario and are part of the Atlantic Ocean Drainage Basin
- Most northerly point is the intersection of Steeles Ave E. and Pickering Town Line
- Most southerly point is Lake Ontario’s shoreline at the border between Toronto and Mississauga
- Most easterly point is the meeting of the Rouge River and shoreline of Lake Ontario
- Most westerly point is the intersection of Steeles Ave W. and Albion Road
- Toronto is in plant hardiness zone 6 and on the eastern edge of the Carolinian Forest zone
- There are over 1,600 named parks comprised of over 8,000 hectares of land (ravines, valleys, woodlots, parks, beaches, golf courses, destination parks, parkettes) and over 200 km of trails, many of which are suitable for biking and walking.
- Toronto has a total of about 10 million trees, approximately 4 million of which are publicly-owned trees. These include approximately 600,000 street trees (e.g. located on public right of ways on boulevards and commercial trees in sidewalks, etc) and 3.5 million trees in parks, ravines, and other natural areas.
Statistics source: Geospatial Competency Centre, Parks, Forestry & Recreation, Natural Resources Canada.
Housing
$1,317: Average market rent for a studio apartment in Toronto (Fall 2022, excludes condominium rentals)
$1,811: Average market rent for a two-bedroom apartment in Toronto (Fall 2022, excludes condominium rentals)
1.7%: Overall vacancy rate for purpose-built rental homes in Toronto (Fall 2022)
7,729: Number of affordable rental homes in Toronto under the City’s administration and oversight
$733: Ontario Works maximum monthly allowance for a single adult (Fall 2022)
$1,839: Ontario Works maximum monthly allowance for a two-adult family with two children (Fall 2022)
40: Percentage of Toronto renter households paying more than 30 per cent of pre-tax income on rent. Almost half of Toronto households rent (Spring 2021)
85,536: Number of social housing units in Toronto under administration and oversight by the City of Toronto (Fall 2022)
84,583: Number of people on the Centralized Waiting List for social housing (Spring 2023)
13: Average number of years an applicant on the Centralized Waiting List waits to be housed in a two-bedroom apartment
City of Toronto Housing Secretariat, Toronto Employment and Social Services, Canada Mortgage and Housing Corporation
Homelessness
In April 2021 the City conducted its most recent Street Needs Assessment (SNA). The SNA is a City-wide point-in-time count and survey of people experiencing homelessness in Toronto led by the City’s Toronto Shelter and Support Services in collaboration with community partners in the homelessness and allied sectors. Learn more about the SNA, including key findings.
The Toronto shelter system is the largest shelter system in Canada providing shelter and support to thousands of people each night. View information on daily shelter occupancy and historical information on the number of people entering and leaving the shelter system each month on Shelter System Flow.