Income and Net Worth in Manitoba

Median and average individual income in Manitoba by age group, for all genders with a bachelor's degree, from the 2021 Census.
Age groupMedian incomeAverage income
25-34$49,378$52,395
35-44$65,477$71,879
45-54$73,246$83,070
55-64$64,015$83,044
65+$34,400$45,520
Median and average family net worth in Manitoba by age group, from the Survey of Financial Security. This measure is the same for every gender and education level.
Age groupMedian net worthAverage net worth
25-34$118,300$344,600
35-44$304,200$564,700
45-54$502,300$862,500
55-64$649,200$1,009,800
65+$549,200$902,700

The age bands where Manitoba's income most departs from its own starting position are the two oldest, 55-64 and 65+, tied with each other: a province that ranks ninth of ten in the youngest age band climbs to fourth in both, a bigger jump than any other province in this dataset manages across the same span. Among Manitobans aged 25-34, a median income of $49,378 ties Nova Scotia's figure for the lowest recorded in that band; by the 55-64 and 65+ bands, Manitoba's median income has climbed past British Columbia's, into fourth of ten, at $64,015 and $34,400 respectively. Net worth tells none of this story — Manitoba's position never moves at all, sitting sixth of ten in every one of the five age bands, behind Saskatchewan and ahead of Quebec every time, from $118,300 among those 25-34 to $649,200 among those 55-64. So while Manitoba's income rank climbs five places over a working life, its net worth rank does not move a single place. The tie with Nova Scotia at 25-34 is worth pausing on: two provinces built on different industries — Manitoba's agricultural base against Nova Scotia's public-sector and coastal economy — arrive at the identical $49,378 median income for their youngest workers, even though Manitoba's net worth in that same band already runs about ten thousand dollars higher.

Income above is individual-level, from the 2021 Census, and varies by gender and education. Net worth is family-level, from the Survey of Financial Security, and is compared by province and age only — it is not broken down by gender or education, so changing those inputs would not change the net worth figures shown here.

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This page is for educational and informational purposes only. It is not financial, tax, or investment advice. Figures are estimates derived from public Statistics Canada data and may not reflect your circumstances. Contains information licensed under the Statistics Canada Open Licence; this is not an endorsement by Statistics Canada.