Average Annual Household Income Canada

The other day I posted an article on Average Annual RRSP Contribution in Canada for Year 2007. The maximum RRSP contribution limit was $19,000 for year 2007; however, the national median contribution that year was only $2,780. Because of such a huge discrepancy, I decided to do a search on how much an average Canadian makes each year, and came to the following discoveries.

Top Six provinces/territories with highest median household incomes are NWT, Nunavut, Yukon, Ontario, Alberta, and BC. Unless you live in territories, your best bet to earn a high income is in ON, AB, and BC. Albertan seems to enjoy a fairly huge jump in their annual salary. I wonder why such is the case. Oil sand phenomenon?

Table below is for All Types of Households (lone seniors, unattached individuals, couple families with or without children, and lone-parent families).

Canadian Median Household Income – Overall

Overall refers to all types of households (all unattached individuals and all family types).

Year	2011	2006	2001	1996
Canada		53,634	52,438	49,142
Northwest Territories		80,085	71,475	72,448
Alberta		63,988	58,911	52,166
Ontario		60,455	60,164	55,172
Nunavut		60,221	50,971	48,896
Yukon Territory		60,105	58,215	60,993
British Columbia		52,709	52,490	51,530
Manitoba		47,875	46,741	44,025
Saskatchewan		46,705	45,129	43,213
Nova Scotia		46,605	44,764	42,785
Prince Edward Island		46,553	45,413	43,702
Quebec		46,419	45,371	42,714
New Brunswick		45,194	44,818	42,832
Newfoundland and Labrador		44,136	42,190	41,593

Canadian Median Household Income – For Census Family Only

Below is the latest release from Statistics Canada, as of June 2011.

Census family includes couple families, with or without children, and lone-parent families.
This summary table excludes unattached individuals, lone seniors, as well as individuals who may live with their married children or with their children who have children of their own. They may be living with a family to whom they are related or unrelated. They may also be living alone or with other persons not in census families.

It appears that Alberta and Saskatchewan tend to higher annual family incomes than other provinces. Are there more high earning CEO’s in those two provinces, driving the figures up??? Or, oil gas and potash phenomenon???

Year	2009	2008	2007	2006
Canada	68,410	68,860	66,550	63,600
Northwest Territories	98,300	98,530	94,220	88,800
Yukon Territory	84,640	85,070	81,080	76,000
Nunavut	60,160	58,590	56,160	54,300
Alberta	83,560	86,080	82,030	78,400
Saskatchewan	70,790	69,800	65,120	60,500
Ontario	69,790	70,910	69,190	66,600
British Columbia	66,700	67,890	65,780	62,600
Manitoba	65,550	64,530	62,070	58,700
Quebec	64,420	63,830	61,780	59,000
Nova Scotia	62,550	61,980	59,200	56,400
Prince Edward Island	62,110	61,010	58,610	56,100
New Brunswick	60,670	59,790	56,930	54,000
Newfoundland and Labrador	60,290	59,320	55,210	50,500

3 Responses to Average Annual Household Income Canada

1. Jon Stout Cunningham on 2015/08/11 at 6:57 am
  
  If the information is correct that the median household income in the nwt is 90 large and the highest in Canada, someone might want to review that.
  
  Reply

1. Tim on 2010/07/22 at 7:36 pm
  
  You should double check your numbers because they MAY be flawed. If the max contribution is 19k and the average was 3k it does not necessarily mean that people are under-contributing. You need to take into consideration the Pension Adjustment number from box 52 of the T4 if someone is so lucky as to have pension plan.
  
  Reply

1. Mark on 2010/03/27 at 5:55 pm
  
  Is household income reported in ‘gross’ dollars??
  
  Reply

Canadian Median Household Income – Overall

Canadian Median Household Income – For Census Family Only

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Tobias Simmons