Edmonton and Calgary's average household income drops, but still highest in Canada

Data released by Statistics Canada shows people living in Edmonton and Calgary brought home less money in 2020 than they did five years prior.

They were the only two cities among Canada's 10 largest urban centres to experience a decline in median after-tax income of households.

Despite the decline, those living in Edmonton and Calgary continue to bring home some of the highest wages in Canada, taking in over $10,000 more than the average Canadian household.

Out of the 10 cities, Calgary has the highest household income with the average after tax being 87-thousand dollars in 2020 --down from 92-thousand dollars in 2015. In Edmonton, the average household income people made after taxes was $84,000 in 2020, down from $87,000 in 2015. This is higher than Canada's median after-tax household income of $73,000.