The home of the oil sands is the richest municipality in Canada, according to new data from Statistics Canada.
Source: StatsCan
Number represents median family income for 2010.
10. Kingston, Ont. – $77,140
9. Victoria, B.C. – $77,820
8. St. John’s, Newfoundland – $78,210
7. Saskatoon, Sask. – $80,570
6. Oshawa, Ont. – $82,270
5. Guelph, Ont. – $82,560
4. Regina, Sask. – $84,890
3. Edmonton, Alta. – $87,930
2. Calgary, Alta. – $89,490
1. Ottawa, Ont. – $90,790
Canada’s Richest Small Towns
All 10 of the wealthiest small towns are in western Canada, a reflection of the growing imbalance between regional economies across the country.
10. Whitehorse, Yukon – $92,690
9. Cold Lake, Alta. – $94,980
8. Thompson, Man. – $95,580
7. Grande Prairie, Alta. – $95,620
6. Lloydminster, Sask. – $96,280
5. Fort St, John, B.C. – $96,510
4. Okotoks, Alta. – $101,670
3. Estevan, Sask. – $106,680
2. Yellowknife, N.W.T. – $128,810
1. Fort McMurray (Wood Buffalo), Alta. – $169,970
Among larger cities, the biggest gains in family income were found in Guelph, Ontario (up 2.1 per cent from the previous year), while Vancouver saw the biggest drop — down 2.5 per cent.
Among smaller towns and cities, Sept-Iles, Quebec saw the biggest jump (up 5.8 per cent) and Kitimat, B.C., saw the biggest decline (down 7.3 per cent).
Canada’s Richest Neighbourhoods
Source: Canadian Business
Sunnyside and Edgehill, Westmount, Montreal
Average Household Net Worth: $9.37 million
Average Annual Household Income: $503,935
Average House Price: $2.49 million
Lexington Avenue, Westmount, Montreal
Average Household Net Worth: $9.96 million
Average Annual Household Income: $590,695
Average House Price: $1.8 million
Lawrence Park North, Toronto
Average Household Net Worth: $10.44 million
Average Annual Household Income: $906,266
Average House Price: $2.81 million
Kerrisdale, Vancouver
Average Household Net Worth: $10.59 million
Average Annual Household Income: $1,277,431
Average House Price: $2.79 million
Forest Hill South/UCC, Toronto
Average Household Net Worth: $10.63 million
Average Annual Household Income: $629,972
Average House Price: $3.18 million
Summit Park, Westmount
Average Household Net Worth: $11 million
Average Annual Household Income: $906,659
Average House Price: $2.4 million
Shaugnessy Heights, Vancouver
Average Household Net Worth: $12 million
Average Annual Household Income: $777,184
Average House Price: $3.09 million
Sunnybrook, Toronto
Average Household Net Worth: $20.82 million
Average Annual Household Income: $311,979
Average House Price: $2.29 million
York Mills/Windfields, Toronto
Average Household Net Worth: $21.55 million
Average Annual Household Income: $1,212,275
Average House Price: $3.4 million
The Bridle Path, Toronto
Average Household Net Worth: $22.27 million
Average Annual Household Income: $936,137
Average House Price: $2.24 million