Top 10% Net Worth in Canada — and Your Percentile by Age

Your net worth percentile is the share of Canadian households in your age group with less wealth than you. To calculate it: (1) add up all your assets — home, RRSP, TFSA, FHSA, non-registered investments, cash, vehicles; (2) subtract all liabilities — mortgage, car loan, student debt, credit cards; (3) compare the result to the median net worth for your age band from the Statistics Canada Survey of Financial Security (SFS) 2023. This calculator does that for you: it anchors on the published SFS 2023 median for your age and interpolates against modelled 25th/75th/90th-percentile bands (StatCan publishes the median by age, not the percentiles), returning your approximate percentile against a distribution that includes principal-residence equity.

About $2.1 million in family net wealth, nationally and across all ages. That figure is published — it is the Parliamentary Budget Officer's High-net-worth Families Database threshold for the top 10%, updated to the fourth quarter of 2024 ($2.0 million in 2023, the last measured year). Roughly 1.76 million Canadian families clear it, and together they hold 52.9% of all net wealth in the country. Within your own age band the bar moves: because home equity and pensions compound over a working life, Richify's modelled by-age 90th-percentile line runs from about $1.5M under 35 to $3.6M at 55–64. Statistics Canada itself publishes no top-10% threshold — the SFS gives the median and the average by age, and net worth by quintile nationally, so treat any 'StatCan top 10%' figure with suspicion.

A family needs at least $7.5 million in net wealth to be in Canada's top 1%, on the Parliamentary Budget Officer's estimate for the fourth quarter of 2024 — $7.4 million in 2023. That is about 176,800 families, and they hold 24.1% of the country's entire net wealth. Two things are worth knowing about this number. First, it is a threshold, not an average: the average top-1% family is far wealthier than $7.5M, because the band runs all the way up to billionaires. Second, it is roughly double what the raw Survey of Financial Security implies, because household surveys under-sample and under-report the very wealthy — on the unadjusted SFS the top 1% appear to hold 11.0% of net wealth against 23.8% once billionaire lists are folded in.

About $2.9 million in family net wealth (PBO High-net-worth Families Database, Q4 2024; $2.8 million in 2023). Roughly 869,000 families clear that line and they hold 40.6% of Canada's net wealth. It sits much closer to the top-10% threshold ($2.1M) than to the top-1% threshold ($7.5M) — the distribution is not evenly spaced, it steepens sharply in the last percentile. These are national, all-ages figures for the whole family unit including principal-residence equity; the by-age calculator above ranks you inside your own decade instead, which is the fairer comparison if you are under 45.

The overall median household net worth in Canada is $519,700 (Statistics Canada SFS 2023, published October 2024). The median is the 50th percentile — exactly half of Canadian households have more, half have less. It's a more reliable 'typical Canadian' benchmark than the mean (average), which several very wealthy households push above $1 million in most age bands.

Yes. The Statistics Canada SFS figures this calculator uses include principal-residence equity (market value minus mortgage). That matters because for younger Canadians the home is the dominant asset: for family units under 35, the median net worth WITH a principal residence is $457,100 versus just $44,000 WITHOUT one. If you want your 'investable' percentile — liquid assets that fund retirement — subtract your home equity before comparing, and expect a noticeably lower percentile.

Both are useful, and this tool shows your age-band percentile because it's the fairer comparison. A 28-year-old with $120,000 and a 58-year-old with $120,000 are in very different positions — the 28-year-old is well above their age-band median while the 58-year-old is far below theirs. Comparing only to the overall national median ($519,700) penalises younger savers who simply haven't had decades to compound. The calculator above ranks you against your own age group; the national median is shown alongside for context.

Age-dependent. Anchored to the SFS 2023 medians (Under 35 $159,100, 35–44 $409,300, 45–54 $675,800, 55–64 $873,400), a $1,000,000 household net worth sits roughly in the low-80s percentile under 35, around the low-70s for 35–44, low-60s for 45–54, and mid-50s for 55–64 (incl. home equity). These are approximate because the bands above the median are modelled, not published by StatCan. Enter $1,000,000 and your exact age above for your band's figure.

It anchors on the published Statistics Canada SFS 2023 median for your age band — which is exact — and interpolates against modelled 25th/75th/90th-percentile bands, because StatCan publishes the median by age but not the full percentile distribution by age. So the median line is authoritative and the spread around it is a reasonable estimate, not an official figure. The SFS samples roughly 20,000 Canadian households every few years; the 2023 cycle is the most recent as of 2026. Figures are nominal CAD and include principal-residence equity. Treat the output as a well-grounded benchmark, not a precise ranking.