Fact Sheet Calgary Wealth - Calgary Economic Development

2015. In 2015, Calgary had the highest number of millionaires in Canada (persons reporting personal income ..... The median net worth of Calgary families was.
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Fact Sheet Calgary Wealth C A LG A R Y C E N S U S M E T R O P O L I TA N A R E A ( C M A ) 2017 E D I T I O N R E S E A R C H & S T R AT E G Y P U B L I S H E D : F E B R U A RY 2 0 1 8

From personal income to investments, Calgary is Canada’s leader in earnings and financial management. This fact sheet provides analysis of wealth distribution across Canada. Topics include: millionaires, personal income per capita, wages and salaries, household income, financial security and calculated financial assets (CFA).

The number of Calgary millionaires has steadily increased since 2009, with 3,230 millionaires in 2015. In 2015, Calgary had the highest number of millionaires in Canada (persons reporting personal income of $1 Million+), on a per capita basis, at 225.3 per 100,000 population. Calgary’s 10-year total growth (2006-2015) in millionaires per capita is 42.9 per cent.

Millionaires

In 2015, Calgary millionaires reported a median income of $1,568,280, placing third among Canada’s major Census Metropolitan Areas (CMAs).

Data for millionaires in Canada is derived from income reports of tax filers, with 2015 the most recent available.

Number of Millionaires Calgary CMA 3,230

3,500

3,000

2,000 2012

2,480

2,140

1,960

1,795

1,715

2011

870

1,000

1,165

1,500

500

2,385

1,780

2,000

2,480

2,260

2,500

2015

2014

2013

2010

2009

2008

2007

2006

2005

2004

2003

0

Data released on a 2 year lag to current year. Source: Statistics Canada, 2015, Per 100,000 Population

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Fact Sheet: Calgary Wealth, 2017 Edition Published: February 2018

Millionaires Per Capita

250

225.3

200 176.9 158.1

150 115.5

107.9

100

84.1 61.0

64.6

89.5

64.7 65.5

53.6

50 21.5 20.5

0

Vancouver

Edmonton

Calgary

2013 Millionaires Per Capita (per 100,000 population)

Toronto

27.8

Ottawa

32.9

38.8

45.7

Montreal

56.3 40.7 42.8

Canada

2014 Millionaires Per Capita (per 100,000 population)

2015 Millionaires Per Capita (per 100,000 population) Data released on a 2 year lag to current year. Source: Statistics Canada, 2015, Per 100,000 Population

Number of Millionaires 10-Year Growth (2006-2015) 100% 86.9%

90% 80% 70% 60%

51.6% 50%

42.9%

40% 30% 20%

35.2%

34.5% 24.8%

21.3%

10% 0%

Vancouver

Edmonton

Calgary

Toronto

Ottawa

Montreal

Canada

Data released on a 2 year lag to current year. Source: Statistics Canada, 2015, Per 100,000 Population

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Fact Sheet: Calgary Wealth, 2017 Edition Published: February 2018

Millionaires Median Income (2015) $1,700,000 $1,661,780 $1,650,000 $1,627,960

$1,600,000 $1,568,280 $1,550,000

$1,551,590

$1,543,710

$1,542,640

$1,498,170

$1,500,000

$1,450,000

$1,400,000

Vancouver

Edmonton

Calgary

Toronto

Ottawa

Montreal

Canada

Data released on a 2 year l