Explore the latest labour force, demographic, business, and industry data to learn more about Oakville’s economy.
Oakville has higher rates of participation than the Province of Ontario.
Source: Environics Analytics, 2020 Estimates, *Population source: Town of Oakville, 2021
Oakville has a high percentage of residents with occupations in management; business, finance and administration; and sciences. Occupations highlighted in green are of a higher percentage in Oakville than the Province of Ontario.
Source: Environics Analytics, 2020 Estimates
Oakville has a high percentage of residents working in the industries of information and cultural; finance and insurance; and professional, scientific, and technical services. Industry categories highlighted in green are of a higher percentage in Oakville than in the Province of Ontario.
Source: Environics Analytics, 2020 Estimate
Small businesses are an important part of Oakville’s economy, with 64 per cent of local businesses having between one and four employees.
Source: Statistics Canada, Canadian Business Patterns, June 2020. Establishments with at least one employee.
Oakville is a family-oriented community, which is reflected in our population data. Oakville has a higher percentage of residents aged 5 to 24, and 40 to 59 than the Province of Ontario.
Source: Environics Analytics, 2020 Estimates
Oakville is an affluent community, with higher than average household incomes when compared to the Province of Ontario, as highlighted in green below.
Oakville's 2020 average household income is estimated at $192,562.04, with the provincial average at $111,866.84. Almost 65 per cent of Oakville households earn an annual income of more than $100,000.
Source: Environics Analytics, 2020 Estimates, Current year $ (2020)
A significant amount of Oakville’s population is highly educated, with an outstanding 80 per cent of residents aged 25 to 64 having attained a post-secondary education. Education levels highlighted in green are higher than provincial averages.
Source: Environics Analytics, 2020 Estimates
While English is the most common language, over 70,000 Oakville residents identify different languages as their mother tongue. The most common include Mandarin, Arabic, Spanish, Urdu and Portuguese.
Source: Environics Analytics, 2020 Estimates
Source: Town of Oakville
Source: Town of Oakville
Information on business costs can be found on the Business Costs and Incentives page.
Livable Oakville Performance Dashboard
Town of Oakville: A priority destination for investment (Canadian Business Journal feature)
Economic Development Strategy 2009 - 2019
Town of Oakville Demographic Estimates 2015
Halton Region: Where Innovation Creates Opportunities (Vantage Magazine insert)
Town of Oakville Business Profile
Oakville Employment Land Review
Additive Manufacturing in Oakville
2018 Economic Development Annual Report
2017 Economic Development Annual Report