It should come as no surprise to anyone that Albertans are doing the best with a median family income of $92,300. Saskatchewan comes in second place with $77,300, followed by Ontario ($73,700) and British Columbia ($72,200). Families and individuals in Eastern Canada are earning much less.

What is the average household income in Saskatchewan?

Median total family income in Saskatchewan from 2000 to 2018 (in Canadian dollars)CharacteristicIncome in Canadian dollars201989,760201787,960201685,820201586,9709 more rows

Is 50000 CAD a good salary?

In the less developed provinces in the North or far East of Canada, a per annum salary of USD 50,000 shall be good for a small family.

What is a good salary in Canada 2021?

The average salary of an individual in Canada for 2021 is projected to be around 120,000 CAD per year. Salaries can range from 30,200 CAD to 534,000 CAD in 2021 according to a report by salary explorer. The average salary includes housing, transport and additional benefits.

What salary is considered upper class in Canada?

The “upper class” range starts at an income of $236,000 per year — only 1% of Canadians exceed this mark.

What should my salary be at 30?

What was the average and median income by age in 2020?AgeAverage90%29$48,052.90$92,010.0030$49,813.00$93,395.0031$53,985.68$102,858.0032$56,277.11$100,993.0037 more rows

What is a good salary for 25 year old?

According to the Bureau of Labor Statistics, the mean wage for 20- to 24-year-olds across all education levels in the second quarter of 2019 was $589 a week, or $30,628 a year. For 25- to 34-year-olds, it was $837 a week, or $43,524.

How much money do you need to be rich in Canada?

Wealthy = 764,033 individuals in Canada have between $1 million and $5 million USD. VHNW = 91,823 individuals in Canada have between $5 million and $30 million USD.