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Based on data from 2015 the richest province in canada is alberta with the average income of the top 1 of earners at 303 039 year.
Average income of top 1 percent in canada. Interestingly the numbers vary quite considerably in the us where the top 1 of income is 421 926 usd. Tax filers in canada s top 0 1 per cent who made at least 740 300 in 2017 took home 17 2 per cent more income than in 2016. The gap between the lowest and the highest paid careers is 221 13. Other engineer career and lawyer follow earning ca 128 718 and ca 118 189 respectively.
Real average total income for the top one percent grew 1 5 percent to under half a million dollars or 496 200 in 2018. Here s a look at the country s top earners according to more detailed. In canada economy director is on the top list of highest earners earning an average gross salary of ca 142 616. Statistics canada has found that in 2017 the average total income of all tax filers rose 2 5 per cent to 48 400 compared to the previous year.
From an income perspective to make it into the top 1 of income earners in canada according to statistics canada requires a salary of 225 409 or roughly 39 times the overall wealth number of the top 1 in canada. Here are the incomes needed to be a one percenter in each of canada s 20 largest metro areas as well as the income needed to be in the top 20 per cent of earners as good a definition of upper. Their income share was lower than the peak of 12 1 percent in 2006. Salaries in canada range from 30 200 cad per year minimum salary to 534 000 cad per year maximum average salary actual maximum is higher.
The average income growth of the bottom half of tax. Median salary the median salary is 112 000 cad per year which means that half 50 of the population are earning less than 112 000 cad while the other half are earning more than 112 000 cad. The median average income of canada actually rose by 10 8 in 2015 according to stats canada. Administrative assistant earn a gross annual average of ca 41 347 while accountant earn ca 56 364.
Across the country you were in the top 1 per cent of all earners in 2015 if your employment income was at least 225 409.
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