population median household income
1 | Ottawa CMA | 1,236,324 | $94,700 |
2 | Calgary CMA | 1,214,839 | $89,490 |
3 | Edmonton CMA | 1,159,869 | $87,930 |
22 Vancouver CMA 2,313,328 $67,090
Vancouver has among lowest incomes, highest costs
As in previous years, Statistics Canada has collected information on family and individual incomes for 33 metropolitan areas spanning most of the country. Looking specifically at “census families” — defined as a married or common law couple with or without children at home, or a lone parent with one or more children at home — the agency provides estimates of median pre-tax family income for all 33 metro areas. (Median refers to the exact mid-point of the distribution: half of families have incomes above and half below the median.)
For Greater Vancouver, the picture that emerges isn’t flattering. For Canada as a whole, median pre-tax family income was $74,540, measured in constant 2012 dollars. The Vancouver region is near the bottom of pile, scoring 28th with a median family income of $71,140 in 2012. At the other end of the scale are the principal cities of Alberta and Saskatchewan, the perennially well-heeled Ottawa-Gatineau and the mid-sized Ontario city of Guelph.
It should be noted the figures are for pre-tax income at the household (not individual) level. For most people, income and payroll taxes are deducted from pre-tax income. Then, from what’s left, households have to pay sales, fuel, property, and various other taxes and government-imposed fees and levies.
The gaps between the best and worst performers on median income are striking. In particular, Greater Vancouver lags behind top-ranked Calgary by $27,160 and trails Edmonton by almost $25,000. Perhaps more surprisingly, typical census families in Regina and Saskatoon boast incomes that are about $20,000 and $16,200, respectively, higher than Metro Vancouver’s. It is also worth noting that B.C. is home to two of the country’s least prosperous urban areas: Vancouver and Abbotsford.