Household incomes in Alberta still among highest in Canada, despite hit from low oil prices

Data released Wednesday by Statistics Canada shows Calgary households lead the country in highest after-tax income despite a $5,000 decline since the last census

Anca Dan built a successful career working administrative jobs in the oil and gas industry for more than two decades, but in recent years she has shifted her focus toward her own startup company – a lifestyle app for single parents.

The decline, also seen in Edmonton, were a result of the urban centres taking a hit from low oil prices and the COVID-19 pandemic, said a spokesperson for Statistics Canada. In Edmonton, the average household income people made after taxes was $84,000 in 2020, down from $87,000 in 2015. Meanwhile in Calgary, average household income after-tax was $87,000 in 2020 down from $92,000 in 2015. This is higher than Canada’s median after-tax household income of $73,000.

Alberta has historically attracted mostly working-age people and young immigrant families looking for affordable living, said Jenny Godley, associate professor in the department of sociology at the University of Calgary.

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