How does your net worth compares to your peers? Take a look at what it would take to be considered in the top net worth percentiles in Canada.
Average household net worth
This table breaks down the average household net worth by percentile in Canada. The lowest quintile which represents the bottom 20% have an average net worth of $11,200. While the top 20% or the fifth quintile has an average net worth of $3,160,700.
| Quintle | Average Net Worth |
|---|---|
| 0-20% (Lowest Quintile) | $11,200 |
| 21-40% (Second Quintile) | $181,500 |
| 41-60% (Middle Quintile) | $525,800 |
| 61-80% (Fourth Quintile) | $1,100,100 |
| 81-100% (Fifth Quintile) | $3,160,700 |
Average net worth by age
Since wealth is often accumulated over a long period of time, comparing net worth based on age group is a good way to see how your net worth stacks up to your peers.
This chart shows the average net worth by age broken down by the age of the major income recipient.
| Age Group | Average Net worth |
|---|---|
| Under 35 | $337,816 |
| 35 to 44 | $657,582 |
| 45 to 54 | $1,346,291 |
| 55 to 65 | $1,595,886 |
| Over 65 | $1,123,174 |
Median household net worth
The median net worth in Canada by household shows that the bottom 20% of familes have a median net worth of $12,800. It would take a household net worth of $2,488,700 to be in the top 20% of Canadian families.
| Percentile | Median Net Worth |
|---|---|
| O-20% (Lowest Quintile) | $12,800 |
| 21-40% (Second Quintile) | $174,300 |
| 41-60% (Middle Quintile) | $519,700 |
| 61-80% (Fourth Quintile) | $1,078,600 |
| 81-100% (Fifth Quintile) | $2,488,700 |
Median net worth by age
Here is a breakdown of the median net worth based on the income of the major income recipient.
| Age Group | Median Net worth |
|---|---|
| Under 35 | $159,100 |
| 35 to 44 | $409,300 |
| 45 to 54 | $675,800 |
| 55 to 65 | $873,400 |
| Over 65 | $738,900 |
Net worth data was taken from Statistics Canada