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Old 08-22-2018, 12:37 PM   #39
Oil Stain
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Quote:
Originally Posted by Oling_Roachinen View Post
I think you're confused.

In one chart for Canadians it says:

Unattached individuals making $55,499 and up places you in the highest 20%.
Families of two or more making $125,010 and up places you in the highest 20%.

This is the bracket to be in the top 20%. (I.E. At least 80% of people/families earn less than you)

The same chart that has Alberta's top 20% making $290,000 also has the top 20% of all of Canada making $226,792. A huge departure from the other numbers because it's averaging. So the richest 20% would be averaged with billionaires. You could still be in the top 20% making a lot less. That's the only feasible way that the Richest 20% of Calgarians make $363,760 a year.
Sure, but a two income family pulling in $200,000+ (pretax) is not something that is out of reach for the common man in Alberta.

I would say its relatively common.

The median after tax income is around $100,000. So pretax median is maybe 140,000-150,000.

That's for an average joe family.
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