Quote:
Originally Posted by Oil Stain
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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It is not as common as you think. You think it is because you run in circles where it is common you have a confirmation bias.
Not sure where you got a median after tax of $100,000. In alberta the Median gross household income is 93k (2015) which is pre-tax. That means 50% of families make less than $100k before tax.
I can't find a distribution of incomes other than median, but I am willing to bet that the vast majority of families (>75%) in Calgary make less than $200,000 pre-tax.
edit* I did find one article that indicated to be in the top 20% individually you would need to make about $78k. I think this backs up my assertion that it isn't "common" to have a household income over $200k. It would likely put you in the top 10-15% of households in calgary