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News



September 24, 2014
Median family assets exceed $243,000

The median net worth of Canadian families is now $243,800, according to Statistics Canada’s 2012 Survey of Financial Security.

Adjusted for inflation, that amount represents a growth rate of 44.5 per cent from 2005 and 78 per cent from 1999, the government agency says.  Net worth is the amount that families would have left if they sold all their assets and paid off all their debts.

Median is the value at the midpoint of a measure where there is an equal number of units falling above or below it.
Other median values per Canadian family unit include the following:

 

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