Wealthiest neighbourhoods in Toronto
Toronto's wealthiest neighbourhoods cluster around midtown, close to the Rosedale ravines. Forest Hill tops the list by a wide margin, with a median family income of about $472,000. That's well above the next closest, North Rosedale, at $324,000.
Moore Park and Sherwood Park follow at $318,000 and $316,000. Citywide, the typical family earns about $98,000, so even the tenth-ranked neighbourhood, Cricket Club at $262,000, earns roughly 2.7 times the city median. Median ages in these neighbourhoods run in the low-to-mid 40s to low 50s.
Toronto on this axis
The first bar is the headline ranking metric; the rest are related axes for context. Bars are the Torontoaggregate's percentile rank vs Ontario's 20,000+ census areas.
Top neighbourhoods in Toronto by median after-tax family income
| Neighbourhood | median after-tax family income | Median age |
|---|---|---|
| 1. Forest Hill South · Toronto | $472,000 | 51.6 |
| 2. Rosedale · Toronto | $324,000 | 48.0 |
| 3. Moore Park · Toronto | $318,000 | 42.4 |
| 4. Lawrence Park · Toronto | $316,000 | 46.0 |
| 5. The Kingsway · Toronto | $294,000 | 47.6 |
| 6. Lawrence Park South · Toronto | $282,000 | 47.2 |
| 7. Lytton Park · Toronto | $266,000 | 45.2 |
| 8. Bedford Park-Nortown · Toronto | $266,000 | 42.8 |
| 9. Cricket Club · Toronto | $262,000 | 46.8 |
| 10. Ledbury Park · Toronto | $258,000 | 38.0 |
| 11. Chaplin Estates · Toronto | $252,000 | 48.4 |
| 12. Cedarvale · Toronto | $252,000 | 46.4 |
| 13. Summerhill · Toronto | $242,000 | 49.2 |
| 14. Lawrence Park North · Toronto | $242,000 | 46.0 |
| 15. University—Rosedale · Toronto | $238,000 | 46.8 |
| 16. Teddington Park · Toronto | $236,000 | 50.8 |
| 17. Forest Hill North · Toronto | $234,000 | 45.6 |
| 18. Bridle Path-Sunnybrook-York Mills · Toronto | $234,000 | 42.4 |
| 19. Midtown Toronto · Toronto | $232,000 | 38.8 |
| 20. The Annex · Toronto | $228,000 | 49.2 |
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Common questions
What is the wealthiest neighbourhood in Toronto?
Forest Hill ranks first, with a median family income of about $472,000. That's the highest in the city by a large margin.
What are the wealthiest areas in Toronto?
After Forest Hill, the next wealthiest are North Rosedale ($324,000), Moore Park ($318,000), Sherwood Park ($316,000), and The Kingsway and Don Valley West, both around $294,000.
How does Toronto's wealthiest neighbourhood compare to the city median?
Forest Hill's median family income of about $472,000 is roughly 4.8 times the citywide median family income of $98,000.
What is the richest neighbourhood in Toronto by income?
Forest Hill, with a median family income around $472,000. The typical resident there is 51.6 years old.