Has There Been a Rich Gay Myth?

A new study suggests that homosexual men in Canada have significantly lower personal incomes than heterosexual individuals.

Pink $$$ Research
For years we've been hearing that there's a lot of gays out there with lots of pink cash to spend. A new study in the November issue of the Canadian Journal of Economics however casts doubts regarding this idea as well as the stats we've been told by various gay business chambers and gay marketing companies.

The study is being touted as the first evidence on sexual orientation and economic outcomes in Canada. The study found that gay men have 12 percent lower personal incomes and lesbians have 15 percent higher personal incomes than heterosexual men and women.

Christopher S. Carpenter of The Paul Merage School of Business at the University of California Irvine used data from the Canadian Community Health Survey which includes standard demographic questions as well as self-reports on sexual orientation.

According to the news release, like previous patterns found in the U.S. and the U.K., results show that gay men have significantly lower personal incomes than similarly situated straight individuals, while lesbians have significantly higher personal incomes than straight women.

Also, similar to gay and straight differences in the U.S., gay men and lesbians in Canada are more likely to live in urban areas and are more highly educated than heterosexuals in Canada.

"This is the first work to document statistically and economically meaningful differentials associated with sexual orientation in Canada," Carpenter concludes. "The long-term significance of the study will be to further the call for more research into the causes and consequences of gay/straight differences in Canada and elsewhere."

This study is published in the November 2008 issue of the Canadian Journal of Economics. View the abstract for this article here.

Source: The Canadian Journal of Economics (CJE)

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