(Main picture, downtown Montreal where the median income is $76,950)
We often hear about the top 1 %. Those that earn wages that are far above the rest.
Here are the incomes needed to be a one-percenter in each of Canada’s 20 largest metro areas (according to Statistics Canada), as well as the income needed to be in the top 20 per cent of earners. It is interesting to note that you need nearly three times as much income to be a one-percenter in Calgary as you would in Sherbrooke, Que., or here in the niagara region.
Sherbrooke, Que.: $172,069
Individual income needed to be in the top 20%: $51,413
Median household income: $73,250
St Catharines, Ont.: $177,591
Individual income needed to be in the top 20%: $53,393
Median household income: $74,140
Quebec City: $189,121
Individual income needed to be in the top 20%: $59,169
Median household income: $87,570
Windsor, Ont.: $200,561
Individual income needed to be in the top 20%: $57,950
Median household income: $78,700
London, Ont.: $203,743
Individual income needed to be in the top 20%: $58,203
Median household income: $80,570
Winnipeg: $203,935
Individual income needed to be in the top 20%: $58,631
Median household income: $81,880
Halifax: $204,622
Individual income needed to be in the top 20%: $61,125
Median household income: $85,940
Oshawa, Ont.: $206,696
Individual income needed to be in the top 20%: $66,207
Median household income: $92,080
Kitchener-Cambridge-Waterloo, Ont.: $214,098
Individual income needed to be in the top 20%: $61,419
Median household income: $86,930
Victoria, B.C.: $214,373
Individual income needed to be in the top 20%: $62,940
Median household income: $89,640
Montreal: $224,060
Individual income needed to be in the top 20%: $56,348
Median household income: $76,950
Regina, Sask.: $232,623
Individual income needed to be in the top 20%: $71,864
Median household income: $97,940
Hamilton, Ont.: $236,176
Individual income needed to be in the top 20%: $62,978
Median household income: $87,590
Saskatoon: $240,932
Individual income needed to be in the top 20%: $68,683
Median household income: $94,580
Ottawa*: $244,534
Individual income needed to be in the top 20%: $74,488
Median household income: $104,070
Vancouver: $246,266
Individual income needed to be in the top 20%: $60,147
Median household income: $79,930
St John’s: $256,918
Individual income needed to be in the top 20%: $66,542
Median household income: $96,320
Edmonton: $297,928
Individual income needed to be in the top 20%: $75,773
Median household income: $101,870
Toronto: $301,883
Individual income needed to be in the top 20%: $61,665
Median household income: $78,280
Calgary: $451,609
Individual income needed to be in the top 20%: $78,924
Median household income: $104,410
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