| Age group | Median income | Average income |
|---|---|---|
| 25-34 | $49,378 | $52,719 |
| 35-44 | $64,462 | $71,215 |
| 45-54 | $69,942 | $79,470 |
| 55-64 | $58,496 | $74,972 |
| 65+ | $31,000 | $40,880 |
| Age group | Median net worth | Average net worth |
|---|---|---|
| 25-34 | $108,600 | $314,700 |
| 35-44 | $279,300 | $515,800 |
| 45-54 | $461,100 | $787,700 |
| 55-64 | $595,900 | $922,200 |
| 65+ | $504,200 | $824,500 |
Nova Scotia's income ranking against Prince Edward Island changes with age in a way most province-pair comparisons in this dataset do not. Among those 25-34, Prince Edward Island's median income of $49,867 sits above Nova Scotia's $49,378, tied for the lowest figure recorded in that band alongside Manitoba. Through the middle of the working years, though, Nova Scotia overtakes Prince Edward Island: $64,462 against $62,939 in the 35-44 band, and $69,942 against $69,391 in the 45-54 band. Prince Edward Island then moves back ahead for the 55-64 and 65+ bands. Net worth does not fluctuate this way. Nova Scotia holds eighth place of ten provinces in every single age band, from $108,600 among those 25-34 to $595,900 among those 55-64, never once overtaking Prince Edward Island, whose net worth ranking sits fourth throughout. Public administration and a coastal economy define much of Nova Scotia's income base.
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.