Top 10 Businesses

Business Name
TD Bank Financial Group
AMD Technologies Inc.
Aviva Canada
CGI Information Systems 
IBM Canada Ltd.
Homelife Landmark Realty Inc.
Saint Elizabeth Healthcare
Bay Street Group Inc.
Allstate Insurance Company of Canada
Limen Group

Source: York Region Employment Survey, 2025

Markham's Top 100 Businesses
Markham Civic Centre Exterior Facing Pond

Age Breakdown - Markham

Markham's working age population (ages 15 to 64) represent about 65.7% of the total population. The city's population is fairly young with the median age being 42.4 years.

The chart shows a bar graph of Markham's population breakdown. There are 33,120 people 0 to 9 years, 41,310 who are 10 to 19 years, 41,700 who are 20 to 29 years, 43,370 who are 30 to 39 years, 45,540 people who are 40 to 49 years, 49,015 people who are 50 to 59 years, 22,380 people who are 60 to 64 years, and 62,055 people who are 65 years and over.

Age Breakdown - Markham

Source: Statistics Canada, Census 2021

Employment by Industry

There were 177,998 employees surveyed in Markham through the 2025 York Region Employment Survey. Markham's top industries by employment are Professional, Scientific & Technical Services (28,099) and Finance & Insurance (17,655). Markham has a large number of people working in knowledge-based occupations, which makes the city an excellent place to find talent. 

The bar chart shows Top 10 Industries by Employment in 2025 (Excluding Retail Trade). The data is surveyed employment from the York Region Employment Survey. The industries listed include Professional, Scientific, and Technical Services which has 28,099 employees, Finance & Insurance has 17,655, Healthcare & Social Assistance has 15,471, Wholesale trade has 13,787, Manufacturing has 13,758, Educational Services has 12,324, Accommodation and Food Services has 12,068, Real Estate and Rental and Leasing has 10,708, Construction has 7,846, Other Services (Except Public Administration) has 6,988 employees.

Top 10 Industries by Employment, 2025 (Excluding Retail Trade)

Source: York Region Employment Survey, 2025

Top 10 Industries by Business Count, 2025

In 2025, there were 10,286 businesses surveyed in Markham as part of the York Region Employment Survey. Companies represent a wide range of industries. Aside from retail trade, the top three industries in Markham were Other Services (except Public Administration) at 1,394 companies, Professional, Scientific, and Technical Services at 1,219 companies, and Health Care and Social Assistance at 1,075 companies.

The bar chart shows Top 10 Industries by Business Count in 2024 (Excluding Retail Trade). The data is surveyed businesses from the York Region Employment Survey. The industries listed include Other Services (except Public Administration) at 1,394 companies, Professional, Scientific, and Technical Services at 1,219, Health care and social assistance at 1,075, Accommodation and food services at 932, Wholesale trade at 746, Manufacturing at 630, Educational Services at 560, Finance and Insurance at 490, Construction at 357, and Real estate and Rental and Leasing at 336 companies.

Top 10 Industries by Business Count, 2025 (Excluding Retail Trade)

Source: York Region Employment Survey, 2025

Housing Prices

In Markham, there are a variety of housing types available in great neighborhoods depending on an individual's budget. Being located in a central spot in the Greater Toronto Area means that demand is high for housing in Markham. By the year 2051, Markham's population is projected to grow to 611,800. The City is making an effort to guide the development of the different housing types that will be needed to accommodate a growing city.

The polar area chart shows the median price of housing in Markham according to building type. In June 2026, the Toronto Real Estate Board listed detached homes at $1.45 million, semi-detached homes at $1.03 million, condo apartments at $577,500, and condo townhouses at $755,000, and attached/row/townhouses at $850,000. All prices are in Canadian dollars.

Median Housing Price by Type (June 2026)

Source: Toronto Regional Real Estate Board

Mother Tongue, 2021

Markham residents speak many languages. In 2021, the top 2 mother tongue languages spoken by residents include English at 36.0%, and Chinese at 40.1%. Ten percent of residents also listed South Asian languages as their mother tongue.

The pie chart shows the percent of Markham's population that listed a mother tongue through the 2021 Statistics Canada Census. 36% listed English as their mother tongue, 40.1% listed Chinese, 10.7% listed South Asian languages, and 13.2% listed other languages.

Mother Tongue

Source: 2021 Census, Statistics Canada, *Note South Asian excludes Iranian languages

Visible Minority

In Markham, we recognize that diversity is our strength. As one of Canada's most diverse cities, 82.1% of residents identify as a visible minority. The top three visible minority groups are Chinese, South Asian, and Black.

The bar chart shows the percentage of people who identify as a visible minority. Markham, Ontario leads with 82.1%, Brampton, Ontario with 80.6%, Mississauga, Ontario with 61.9%, Toronto, Ontario at 55.7%, Richmond Hill, Ontario at 66.4%, Vancouver, British Columbia at 54.5%, and Montreal, Quebec at 38.8%. The data is from Statistic's Canada's 2021 Census.

Visible Minority

Source: 2021 Census, Statistics Canada

A Growing Population

By 2041, Markham's population is projected to increase to nearly half a million people, and grow to 611,800 by the year 2051. The city continues to be a huge draw for those looking for employment in knowledge-based industries, in addition to a safe community to live in - whether as an individual or as a family.

The line chart shows Markham's historical population figures from 2006 at 261,573, and how it continues to grow - it reached 301,709 in 2011, 328,966 in 2016, and 338,503 in 2021. It is projected to grow to 398,300 by 2026, 416,900 in 2031, 498,100 in 2041, and 611,800 in 2051.

Population

Source: Statistics Canada, City of Markham Planning & Urban Design Department

Educational Attainment

Markham residents are highly educated. For the population ages 25 to 64, 71.4% have at least some post-secondary education. This number is higher than Ontario's rate of 67.8% and Canada's rate of 67.2%. It is also noteworthy that 48.7% of Markham's 25 to 65 year old age group hold a bachelor's degree or higher, compared to Ontario and Canada's rate of 36.8% and 32.9%, respectively.

The bar chart shows educational attainment figures in Markham, Ontario and Canada. The data is from the 2021 Statistics Canada Census. Markham has the highest educational attainment numbers. Each bar representing educational attainment is further broken down into the percentage of working age residents who have completed each level of post-secondary education. At the apprenticeship certificate/diploma level, educational attainment for the 25 to 64 year old age group is represented by 2.5% for Markham, 5.0% for Ontario, and 9.7% for Canada. At the college certificate/diploma level, educational attainment for the 25 to 64 year old age group is represented by 16.5% for Markham, 23.6% for Ontario, and 21.4% for Canada. At the university certificate below bachelor level, educational attainment for the 25 to 64 year old age group is represented by 3.7% for Markham, 2.4% for Ontario, and 3.2% for Canada. At the bachelors degree or higher level, educational attainment for the 25 to 64 year old age group is represented by 48.7% for Markham, 36.8% for Ontario, and 32.9% for Canada.

Educational Attainment, 2021

Source: Statistics Canada, 2021 Census

Construction Values

From January to December 2025, there was over $3.7 billion CAD worth of approved building permits. The vast majority were residential permits, coming in at $2.8 billion CAD, followed by extensive activity in the industrial, commercial, and institutional space, which saw over $807 million CAD of activity. 

The doughnut chart shows construction values by building permits in 2025. The data is from the City of Markham Building Standards Department. Residential permits make up the largest portion of the doughnut, at $2,890,353,098 CAD, followed by Industrial/Commercial/Institutional permits at $807,550,835 CAD, Conditional Permits at $28,551,131 CAD, and Miscellaneous permits at $40,965,411 CAD.

Construction Values by Building Permits, January - December 2025

Source: City of Markham, Building Standards Department

Get in touch

edoinfo@markham.ca
Markham Civic Centre
101 Town Centre Boulevard
Markham, Ontario, L3R 9W3
Monday to Friday, 8 AM to 5 PM
(excluding statutory holidays)