Table 4 
Net worth, average value per household, by age group of major income earner, 2019 to third quarter 2020, Canada 

Net worth, average value per household, by age group of major income earner, 2019 to third quarter 2020, Canada
  2019 Quarter 1 2020 Quarter 2 2020 Quarter 3 2020 Q1 2020/2019 Q2 2020/Q1 2020 Q3 2020/Q2 2020
  dollarsdollarsdollarsdollars % difference% difference% difference
Total assets 899,925 878,008 917,283 943,051 -2.4 4.5 2.8
Less than 35 years 366,496 363,992 375,901 388,610 -0.7 3.3 3.4
35 to 44 years 730,117 718,054 745,034 766,384 -1.7 3.8 2.9
45 to 54 years 1,068,726 1,046,518 1,091,302 1,121,608 -2.1 4.3 2.8
55 to 64 years 1,389,948 1,350,803 1,414,493 1,452,153 -2.8 4.7 2.7
65 years and over 946,742 916,845 963,189 990,089 -3.2 5.1 2.8
Total liabilities 152,288 153,139 153,980 156,839 0.6 0.5 1.9
Less than 35 years 161,922 163,373 163,844 168,387 0.9 0.3 2.8
35 to 44 years 229,783 230,778 231,612 235,927 0.4 0.4 1.9
45 to 54 years 221,208 222,373 224,046 227,974 0.5 0.8 1.8
55 to 64 years 161,808 162,712 163,986 166,286 0.6 0.8 1.4
65 years and over 48,390 48,510 48,819 49,317 0.2 0.6 1.0
Net worth (wealth) 747,637 724,869 763,303 786,211 -3.0 5.3 3.0
Less than 35 years 204,573 200,619 212,056 220,224 -1.9 5.7 3.9
35 to 44 years 500,334 487,276 513,422 530,457 -2.6 5.4 3.3
45 to 54 years 847,517 824,146 867,256 893,634 -2.8 5.2 3.0
55 to 64 years 1,228,140 1,188,090 1,250,507 1,285,867 -3.3 5.3 2.8
65 years and over 898,352 868,335 914,370 940,772 -3.3 5.3 2.9
  2019 Quarter 1 2020 Quarter 2 2020 Quarter 3 2020 Q1 2020 - 2019 Q2 2020 - Q1 2020 Q3 2020 - Q2 2020
  %%%% percentage point differencepercentage point differencepercentage point difference
Debt to income ratio 187.2 191.8 169.2 166.3 4.6 -22.6 -2.9
Less than 35 years 214.9 223.7 186.7 191.8 8.8 -37.0 5.1
35 to 44 years 245.4 252.4 225.1 220.2 7.0 -27.3 -4.9
45 to 54 years 210.9 218.4 190.5 187.2 7.5 -27.9 -3.3
55 to 64 years 185.2 191.1 169.1 161.6 5.9 -22.0 -7.5
65 years and over 80.4 79.6 73.4 71.3 -0.8 -6.2 -2.1
Note(s):
  • The household groupings are fixed to the 2019 Distributions of Household Economic Accounts.
  • All dollar values are expressed in nominal, unadjusted rates.
Source(s):
Statistics Canada, National Economic Accounts Division, Distributions of Household Economic Accounts, sub-annual experimental estimates.
Date modified: