Search results
Nov 13, 2024 · Middle Class. $53,359 - $106,717. Upper Middle Class. $106,717 - $235,675. Upper Class. $235,675 and up. Only some of those who are in the lower class income bracket and have a lower income are under the poverty line. Many of these people are on social assistance programs to help find work and raise their incomes.
- Income Percentiles – Top 1%, 5%, 10%, and 50% in Income in Canada
- Who Are The One Percent in Canada’s 3 Richest Provinces by Income?
- Who Are The One Percent in Canada’s 3 Poorest Provinces by Income?
The top 1% of income in Canada in 2023 = $258,034The top 2% of income in Canada in 2023 = $190,119The top 5% of income in Canada in 2023 = $132,493The top 10% of income in Canada in 2023 = $102,869Number 1 highest income for top 1% province is Alberta = $376,222Number 2 highest income for top 1% province is NW Territories = $270,421Number 3 highest income for top 1% province is Ontario = $266,711Number 1 lowest income for top 1% province is PEI = $169,108Number 2 lowest income for top 1% province is New Brunswick = $174,671Number 3 highest income for top 1% province is Nova Scotia = $195,108Aug 13, 2024 · A middle class annual income in Canada is considered to be anything between $53,359 and $106,717. Someone with a middle class income earns between 75% and 200% of the median household income after tax. People often consider socioeconomic factors to define middle class, like owning a home, owning a car, and being able to take regular vacations.
Mar 22, 2024 · Canada’s middle-class income currently ranges from $33,000 to $130,000. Therefore, anyone earning in this range of wages can classify themselves as middle-class. Yet, middle-class income in Canada might vary by region and profession. For instance, the current living wage in Toronto is $23.15 per hour for a single worker.
Jan 27, 2015 · A middle-class family of two or more earns between $61,929 and $88,074 per year, while a free-and-easy single only needs to earn between $23,357 and $36,859 to be considered part of that social class.
Apr 26, 2024 · How to cite: Statistics Canada. Table 11-10-0239-01 Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas
People also ask
How much does a middle class earn in Canada?
What is the middle class in Canada?
What is a middle-class income in Canada?
How much does a lower class earn in Canada?
Are Canadians middle-class?
Do you have a middle class income?
Mar 30, 2022 · Sources: Statistics Canada, Census of Population, 2016 and 2021; and Canadian Income Survey, 2015 and 2020. Comparing the census with the CIS data in 2020 and 2015, we see similar trends among child care expenses. Both sources show large decreases in the aggregate sum, 41.0% in the CIS and 33.8% in the census.
