The median after-tax income of Canadian families and unattached individuals was $66,800 in 2020, which represented an increase of $4,400 (+7.1%) from the previous year.
What is the Canadian income Survey?
The Canadian Income Survey is a supplement to the Labour Force Survey. It is a cross-sectional survey that collects data about income, labour market activity, school attendance, support payments, inter-household transfers, disability, unmet health care needs, food security, and characteristics and costs of housing.
What is upper class income in Canada?
What qualifies as upper class in Canada? The upper class in Canada is a group of high-earning people that get more than double the median household income. These people usually earn more than $236,000 annually.
What income is middle class in Canada?
According to the OECD, the middle class of a country is anyone who earns between 75 percent and 200 percent of the median household income after tax. For Canadians, that shakes out to be families that earn anywhere from about $45,000 to $120,000 per annual income.
What is the average income in Canada 2022?
What You Should Know. Average Canadian Salary in September 2022 is deduced from Labour Force Survey as $59,300 per year. According to 2020 income survey results, Canadians earned an average of $51,300, while their median income was $39,500.