What is the average household income in Kelowna?
$68,627 per year
In Kelowna, BC, the median household income is $68,627 per year.
What percentage of Kelowna is white?
Kelowna Demographics The White population is more than 90%. About 15% of the population is foreign-born. Kelowna has a relatively older population structure with an average age of 41.1 years, compared to the Canadian average of 37.6.
What is considered middle income in BC?
Salary range
| Province | Median Income |
|---|---|
| British Columbia | $67,500 |
| Manitoba | $63,000 |
| New Brunswick | $56,900 |
| Newfoundland and Labrador | $59,300 |
Which city has the highest average income in Canada?
Westmount, Quebec Westmount has one of the highest per capita incomes in North America and the average household here has a net worth of $3,953,205.
What is a good salary in Kelowna?
A person working in Kelowna typically earns around 96,100 CAD per year. Salaries range from 24,300 CAD (lowest average) to 429,000 CAD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.
What is a good household income in BC?
Income & wages In 2017, the median family income in B.C. was $84,850. In 2019, British Columbians working full-time earned an average weekly wage of $1,156.10, compared to the national average of $1,159.29. The average hourly wage for full-time employees in the province was $29.34.
What is the minimum wage in Kelowna BC?
Employees must be paid at least minimum wage The minimum wage in B.C. is currently $15.65 per hour (as of June 1, 2022). Minimum wage applies regardless of how employees are paid – hourly, salary, commission or on an incentive basis.
What’s the average salary in BC?
Income & wages In 2019, British Columbians working full-time earned an average weekly wage of $1,156.10, compared to the national average of $1,159.29. The average hourly wage for full-time employees in the province was $29.34. As of June 2020, B.C.’s minimum wage increased to $14.60 per hour.
What is a middle class income in Canada?
The median after-tax income of Canadian families and unattached individuals was $62,900 in 2019, up 0.5%, which was not a statistically significant change over 2018. For non-senior families, where the highest-income earner was under 65 years of age, the median after-tax income was $93,800 in 2019.
Is Kelowna a wealthy city?
Westmount, Que., an affluent enclave of Montreal, finished second in our ranking of the wealthiest communities, with an average household net worth of $3.7 million….READ: Why supercharged small towns trump big cities.
| Rank | 82 |
|---|---|
| City | Kelowna |
| Province | BC |
| Average household net worth | $887,998 |
How much do I need to make to live in Kelowna?
In order to live comfortably in Kelowna residents need to make $52,000 annually to afford a one-bedroom place in the city. That’s according to a recent housing assessment report published by the Regional District of Central Okanagan (RDCO).
How much does the average 35 year old make?
The median salary of 35- to 44-year olds is $1,127 per week, or $58,604 per year. That said, the number conceals considerable variation by gender. For example, male 35- to 44-year-olds earn a median salary of $1,232 per week, whereas women in the same age bracket earn a median $1,003 per week.
What is the unemployment rate in Kelowna BC?
Kelowna, BC Employment Index Kelowna British Columbia National Median household income $79,428 $79,513 $76,211 Unemployment rate 5.0% 3.9% 6.4% In labour force 68.3% 64.2% 63.9%
What’s the median income in Kelowna compared to other Okanagan cities?
The median household income in Kelowna went up 18.7% in a decade but it’s still the lowest among all Central Okanagan cities and lower than the provincial median. New numbers from Statistics Canada show Kelowna’s median income went up from $57,809 in 2005 to $68,627 in 2015.
How would you rate the job market in Kelowna?
The median household income in Kelowna is 4% higher than the national average How would you rate the job market in Kelowna? Excellent. High paying jobs are easy to find. Good.