Income and Net Worth in New Brunswick

Median and average individual income in New Brunswick by age group, for all genders with a bachelor's degree, from the 2021 Census.
Age groupMedian incomeAverage income
25-34$50,356$52,858
35-44$63,447$69,646
45-54$67,188$77,219
55-64$56,841$70,030
65+$28,200$38,080
Median and average family net worth in New Brunswick 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$87,600$233,800
35-44$225,400$383,100
45-54$372,200$585,200
55-64$481,000$685,100
65+$406,900$612,500

At 45-54, New Brunswick posts the single lowest median income of any province in this dataset: $67,188, below even Newfoundland and Labrador's $68,841 in the same band. That relationship does not hold everywhere, though. At 35-44, it is Prince Edward Island that falls to the very bottom, at $62,939, with New Brunswick's $63,447 landing just above it — not below, as at 45-54. At 55-64 and 65 and older, New Brunswick's income rises above Newfoundland and Labrador's — the reverse of the 45-54 relationship, not a continuation of it — at $56,841 against $56,289, and at $28,200 against $26,600. The one band where none of this applies is 25-34, where New Brunswick's $50,356 median income is comfortably mid-table, seventh of ten, ahead of Prince Edward Island, Manitoba and Nova Scotia. Net worth does not share any of this movement: New Brunswick's net worth is the lowest of any province in this dataset in every one of the five age bands without exception, from $87,600 among those 25-34 to $481,000 among those 55-64. New Brunswick's economy leans on public administration and services rather than the resource extraction that lifts income in Alberta or Saskatchewan, and nothing in the net worth figures suggests savings or home equity are making up the difference at any age.

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.