Explore median and average net worth, RRSPs, TFSAs, pensions, real estate, and debt by age group across Canada and every province — built on Statistics Canada's Survey of Financial Security. See how Canadian wealth builds from your twenties into retirement.
In 2023, the median net worth of a Canadian household was $519,700. Wealth builds steadily with age: median household net worth was about $159,100 under age 35, climbing to roughly $873,400 in the 55-to-64 bracket — usually the peak — before easing to $738,900 at 65 and older as retirees begin drawing down.
Net worth is total assets minus total debt. Use the explorer to break it into pieces — RRSPs, TFSAs, employer pensions, real estate, or debt — and to compare any province, household type, and survey year. Switch between median (the typical household) and average (pulled up by the wealthiest).
Wondering whether your own savings are on track? Project where your contributions will land with the compound interest calculator, see when you could stop saving with the Coast FIRE calculator, or compare your income against the national picture with the income-by-age explorer.
Frequently asked
In 2023, the median net worth of Canadian households (families and unattached individuals combined) was $519,700, according to Statistics Canada's Survey of Financial Security. Median means half of households were worth more and half were worth less. Net worth is total assets minus total debt, in 2023 constant dollars.
There's no single right number, but the data gives useful benchmarks. In 2023, median household net worth in Canada was about $159,100 under age 35, rising to roughly $873,400 for those aged 55 to 64 (typically the peak), and $738,900 at 65 and older. Use the explorer above to compare your province and household type.
Net worth is everything you own (assets — your home, investments, RRSPs, TFSAs, pensions, cash) minus everything you owe (debts — mortgage, credit cards, loans). Savings usually refers just to the money you've set aside in accounts. This explorer lets you look at total net worth or drill into specific components like RRSPs, TFSAs, pensions, and real estate.
Yes. All figures are in 2023 constant dollars — Statistics Canada has adjusted every survey year into the same dollars, so values from 1999 and 2023 are directly comparable. Any change over time reflects real change in wealth, not just inflation.
Among Canadian households that hold a TFSA, the median TFSA balance was about $24,000 in 2023. Note this is the median among holders, not all Canadians — and it grows substantially with age. Switch the asset filter to "TFSA" in the explorer to see the full breakdown by age and province.
All figures come from Statistics Canada Table 11-10-0016, drawn from the Survey of Financial Security — a comprehensive wealth survey run roughly every few years (1999, 2005, 2012, 2016, 2019, 2023). Median and average are calculated among households that hold each asset or debt, and age refers to the major income earner in the household.