The median net worth of Canadians aged 35–44 is $234,400, according to Statistics Canada's Survey of Financial Security 2023. Enter your details to see where you stand.
Your Percentile (35–44)
38th
You have more than 38% of Canadians your age
Median (35–44)
$234,400
Below median
Mean (35–44)
$521,200
Skewed by top earners
| Age Group | 25th %ile | Median | 75th %ile | 90th %ile | Mean |
|---|---|---|---|---|---|
| Under 35 | $8,700 | $48,800 | $197,500 | $465,000 | $152,700 |
| 35–44 ← you | $52,600 | $234,400 | $618,000 | $1,150,000 | $521,200 |
| 45–54 | $117,700 | $521,600 | $1,080,000 | $2,100,000 | $1,012,000 |
| 55–64 | $158,400 | $690,200 | $1,480,000 | $2,850,000 | $1,308,000 |
| 65+ | $221,000 | $643,500 | $1,310,000 | $2,570,000 | $1,152,000 |
Source: Statistics Canada, Survey of Financial Security (SFS), 2023. Values in CAD. Includes principal residence equity.
| Province | Median Net Worth | Home Equity Bias |
|---|---|---|
| British Columbia | $520,000 | Very High (real estate) |
| Ontario | $465,000 | Very High (GTA real estate) |
| Alberta | $410,000 | High |
| Quebec | $310,000 | Moderate |
| Saskatchewan | $385,000 | High (farmland) |
| Manitoba | $320,000 | Moderate |
| Nova Scotia | $280,000 | Moderate |
| New Brunswick | $255,000 | Moderate |
| Newfoundland | $240,000 | Moderate |
| PEI | $270,000 | Moderate |
Source: Statistics Canada. All household age groups combined. BC and Ontario skew high due to real estate values in Vancouver and GTA.
Enter your net worth in Felix to see your Canadian percentile and get a personalised plan to move up — coordinating your TFSA, RRSP, FHSA, and investments.
Track Your Net Worth in Richify — FreeCanadian net worth data is heavily influenced by homeownership. In many provinces, more than half of a household's net worth is locked up in their primary residence. This is particularly true in BC and Ontario, where median home prices exceed $800,000 in major cities. When financial planners talk about “investable net worth” — the liquid assets you can actually draw income from in retirement — the picture is very different. A household with $650,000 net worth may have only $200,000 in investable assets if $450,000 is home equity.
Canadians who consistently maximise their registered accounts tend to fall in the 75th percentile or higher. The cumulative TFSA room alone is $95,000 — a fully maximised TFSA with 7% returns since 2009 would be worth approximately $160,000+ today. Combined with RRSP contributions and employer pension plans, this creates the foundation of Canadian household wealth outside of real estate.
According to Statistics Canada's Survey of Financial Security (2023), the median net worth by age group is: Under 35: $48,800 | 35-44: $234,400 | 45-54: $521,600 | 55-64: $690,200 | 65+: $643,500. Mean (average) net worth is significantly higher due to outliers pulling the average up. Median is the better benchmark for understanding where 'most' Canadians fall.
A small number of very wealthy households pull the average (mean) dramatically upward. For example, the mean net worth for 45-54 year olds is over $1 million, but the median is $521,600 — meaning half of all households have less than $521,600. The median tells you what a 'typical' Canadian household has. Use the median for realistic benchmarking.
Real estate. Canadian net worth is heavily influenced by primary home equity. In Vancouver and the Greater Toronto Area, home prices have risen dramatically over the past two decades. A couple who bought a GTA home for $400,000 in 2005 may now have $600,000+ in home equity alone — even with a modest income and minimal other savings. Their net worth is high on paper, but illiquid.
Statistics Canada reports that excluding the value of the principal residence, median net worth drops substantially — often by 40-60% depending on the age group and province. This is why financial planners distinguish between 'investable net worth' (liquid assets you can draw income from in retirement) and 'total net worth' which includes your home.
Net worth = Total Assets minus Total Liabilities. Assets: TFSA, RRSP, FHSA, RESP, non-registered investments, home equity, vehicles, savings, crypto, business equity. Liabilities: mortgage, HELOC, student loans, car loans, credit card debt, other debts. Track it monthly to see your trajectory. Richify's Felix agent can help you build and track this automatically.
According to Statistics Canada's Survey of Financial Security (2023), the median net worth by age group is: Under 35: $48,800 | 35-44: $234,400 | 45-54: $521,600 | 55-64: $690,200 | 65+: $643,500. Mean (average) net worth is significantly higher due to outliers pulling the average up. Median is the better benchmark for understanding where 'most' Canadians fall.
A small number of very wealthy households pull the average (mean) dramatically upward. For example, the mean net worth for 45-54 year olds is over $1 million, but the median is $521,600 — meaning half of all households have less than $521,600. The median tells you what a 'typical' Canadian household has. Use the median for realistic benchmarking.
Real estate. Canadian net worth is heavily influenced by primary home equity. In Vancouver and the Greater Toronto Area, home prices have risen dramatically over the past two decades. A couple who bought a GTA home for $400,000 in 2005 may now have $600,000+ in home equity alone — even with a modest income and minimal other savings. Their net worth is high on paper, but illiquid.
Statistics Canada reports that excluding the value of the principal residence, median net worth drops substantially — often by 40-60% depending on the age group and province. This is why financial planners distinguish between 'investable net worth' (liquid assets you can draw income from in retirement) and 'total net worth' which includes your home.
Net worth = Total Assets minus Total Liabilities. Assets: TFSA, RRSP, FHSA, RESP, non-registered investments, home equity, vehicles, savings, crypto, business equity. Liabilities: mortgage, HELOC, student loans, car loans, credit card debt, other debts. Track it monthly to see your trajectory. Richify's Felix agent can help you build and track this automatically.