Burlington Income and Insurance Needs
The inhabitants of Burlington are a bit wealthier than many other similar-sized cities in Canada. The average after-tax income in 2015 among recipients was 48,259 dollars, and the average after-tax income in 2015 among all Canadian recipients was 37,600 dollars. Males earned substantially more than females (58,506 dollars versus 38,961 dollars), and, 20,580 residents earned $100,000 and over. Given the size of the city, this is a relatively high number of high wage earners. Many high-income individuals like business owners, doctors, lawyers and other professionals seek the protection of certain kinds of insurance coverage because of a threat of litigation. Demand for coverage like commercial liability insurance, business insurance, construction liability insurance and errors and omissions insurance is likely to grow.