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PEI Average and Median Income by Individual and Household

By Patrick Ross ยท Reviewed By Jacob Norris?

Average income in PEI by province

Income in PEI changes varies depending on factors like education, experience and occupation. In this article we break down the average and median individual income for individuals and households in PEI.

Average income in PEI

The average individual income in Nova Scotia is $44,200. The average after-tax income in Nova Scotia is $37,300 and the average individual tax is $6,900.

Average income in PEI by Age

This is a breakdown of the average income in PEI by age group:

Average household income in PEI

The average household income in Nova Scotia is $86,700. The average after-tax household income in Nova Scotia is $71,200 which means that on average households in Nova Scotia by taxes of $15,500.

Median household income in PEI

The median household income in Nova Scotia is $67,500. The after-tax median Nova Scotia household income is $58,500 which means that the average tax paid by the median household in Nova Scotia is $8,200.

What is the average single person income in PEI?

The average single person income in Nova Scotia is $44,200 as shown by the Canadian Income Survey. This average is higher when compared to the median single person income in Nova Scotia which was $35,100. Both of these are before-tax incomes in 2022. The below chart shows the average and median tax paid by individuals in Canada:

What is the average household income in PEI?

The average household in Nova Scotia is $86,700 in 2022 which is higher than the Nova Scotia median household income of $67,500. Both of these household incomes are expressed as the total income before tax as shown in the 2022 Canadian Income Survey.

Notes on the income data

The incomes listed in this article are based on the data released by Statistics Canada on 2024-04-26 in the most recent Canadian Income Survey (CIS) which was completed for the 2022 year.

Income distributions data comes from data in the income explorer which was released 2024-04-17 which data from the 2021 census which shows 2020 income.

Average income in other provinces and territories

Compare the income to Canada's average and median income or other provinces: