Canada Income Percentile Calculator

This calculator helps you find your income percentile in Canada based on income.

Age Group
Amount Before Taxes
United States Income Percentile Calculator

💰

Get a $25 bonus when you open a Wealthsimple chequing account

No monthly fees. Earn interest on your balance. Start growing your money today.

Claim Your $25 →

Use referral code WZ0ZTA if prompted

How much would it take to be in the top 1% of income in Canada? You would need income of $283,200 to join the top 1% in Canada. If you wanted to be in the top 0.1% of income earners in Canada it would take $906,700. A further increase of income to $3,404,700 anually would push you into the top 0.01% of income earners.

Top 1% income percentile in Canada

Those in the top 1% income percentile in Canada have an average income of $586,900. However, to be included in the top 1% of income earners in Canada there is a threshold of $283,200.

Top 1% income in Canada by province

This is the average amount of income earners in Canada in the top 1% percentile make:

  • Alberta - $597,900
  • British Columbia - $586,300
  • Manitoba - $569,700
  • New Brunswick - $517,900
  • Newfoundland and Labrador - $479,800
  • Nova Scotia - $522,600
  • Ontario - $605,200
  • Prince Edward Island - $476,900
  • Quebec - $557,000
  • Saskatchewan - $524,900

Top 1% income percentile in Canada by age

These are the threshold’s to be considered in the top 1% income percentile of earners in Canada broken down by age:

  • 15 to 19: $41,200
  • 20 to 24: $85,000
  • 25 to 29: $137,000
  • 30 to 34: $196,000
  • 35 to 39: $246,000
  • 40 to 44: $292,000
  • 45 to 49: $336,000
  • 50 to 54: $356,000
  • 55 to 59: $336,000
  • 60 to 64: $298,000
  • 65+: $222,000

Top 2% income percentile in Canada

This is a list of the income that you would need to make to be in the top 2 percent of income earners in Canada:

  • 15 to 19: $34,400
  • 20 to 24: $73,000
  • 25 to 29: $116,000
  • 30 to 34: $158,000
  • 35 to 39: $194,000
  • 40 to 44: $222,000
  • 45 to 49: $248,000
  • 50 to 54: $256,000
  • 55 to 59: $242,000
  • 60 to 64: $216,000
  • 65+: $159,000

Top 5 percent income in Canada

These are the thresholds by age that it would take to be considered in the top 5% of income earners in Canada:

  • 15 to 19: $27,800
  • 20 to 24: $58,000
  • 25 to 29: $94,000
  • 30 to 34: $121,000
  • 35 to 39: $142,000
  • 40 to 44: $157,000
  • 45 to 49: $170,000
  • 50 to 54: $172,000
  • 55 to 59: $164,000
  • 60 to 64: $145,000
  • 65+: $106,000

This data is based on the high-income Canadians report from statistics Canada which was released on 2024-10-28.