Why is income a health issue?
Income influences our living conditions and affects our overall quality of life and general well-being. Individuals living in low income have higher rates of chronic diseases and are more likely to die earlier than individuals who are better off financially. In general, the lower a person’s socio-economic status, the greater their risk of poor health.
Income Inequality in Simcoe Muskoka
Of the total income earned by Simcoe Muskoka residents, nearly one quarter (24%) goes to those who make up the richest 10% of the population, while just 2% goes to the population who makes up the poorest 10%. (Statistics Canada, Income Statistics Division, T1 Family Files , Reference 15020.).