Newfoundland Average and Median Income by Individual and Household

Income in Newfoundland and Labrador 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 Newfoundland and Labrador.

Average income in Newfoundland and Labrador

The average individual income in Newfoundland and Labrador is $44,300. The average after-tax income in Newfoundland and Labrador is $37,600 and the average individual tax is $6,700.

Average income in Newfoundland and Labrador by Age

This is a breakdown of the average income in Newfoundland and Labrador by age group:

Average household income in Newfoundland and Labrador

The average household income in Newfoundland and Labrador is $94,000. The average after-tax household income in Newfoundland and Labrador is $77,700 which means that on average households in Newfoundland and Labrador by taxes of $16,300.

Median household income in Newfoundland and Labrador

The median household income in Newfoundland and Labrador is $71,200. The after-tax median Newfoundland and Labrador household income is $63,100 which means that the average tax paid by the median household in Newfoundland and Labrador is $8,000.

What is the average single person income in Newfoundland and Labrador?

The average single person income in Newfoundland and Labrador is $44,300 as shown by the Canadian Income Survey. This average is higher when compared to the median single person income in Newfoundland and Labrador which was $34,300. 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 Newfoundland and Labrador?

The average household in Newfoundland and Labrador is $94,000 in 2022 which is higher than the Newfoundland and Labrador median household income of $71,200. 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.