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Oakville has higher rates of participation and employment and a lower unemployment rate than the Province of Ontario.
Source: Environics Analytics, 2015 Estimates
Oakville has a high percentage of residents in management; business, finance and administration; and natural and applied sciences and related occupations relative to the Province of Ontario. These occupations have been highlighted in green in the graph below.
Source: Environics Analytics, 2015 Estimates
Oakville has a high percentage of residents in finance and insurance; professional, scientific and technical services; wholesale trade; and real estate, rental and leasing industries relative to the Province of Ontario. These industries have been highlighted in green in the graph below.
Source: Environics Analytics, 2015 Estimate
Small and medium sized businesses are an important piece of Oakville’s economy with 65 per cent of local businesses having between one and four employees.
Source: Statistics Canada, Canadian Business Patterns, June 2016. 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 between the ages of 5 to 19 and 40 to 49 when compared to the province.
Source: Environics Analytics, 2015 Estimates
Oakville has higher than average household incomes when compared to the province. The average household income in 2015 was estimated to be $149,948 compared to the provincial average of $95,214 and over 50 per cent of households in Oakville make more than $100,000.
Source: Environics Analytics, 2015 Estimates, Current year (2015) $
Over 75 per cent of Oakville’s population between 25 and 64 years of age have a post-secondary education.
Source: Environics Analytics, 2015 Estimates (Current) year 2015$)
While English is the most common language in Oakville, over 57,000 residents identify a different language as their mother tongue. The most common mother tongue languages after English include Spanish, Polish, Portuguese, French and Italian.
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)
2015 Economic Development Annual Report
Economic Development Strategy 2009 - 2019
Town of Oakville Demographic Estimates 2015
Halton Region: Where Innovation Creates Opportunities (Vantage Magazine insert)