| Age group | Median income | Average income |
|---|---|---|
| 25-34 | $49,867 | $50,869 |
| 35-44 | $62,939 | $66,990 |
| 45-54 | $69,391 | $77,155 |
| 55-64 | $60,704 | $73,497 |
| 65+ | $32,000 | $41,240 |
| Age group | Median net worth | Average net worth |
|---|---|---|
| 25-34 | $122,400 | $314,500 |
| 35-44 | $314,900 | $515,300 |
| 45-54 | $519,900 | $787,000 |
| 55-64 | $671,900 | $921,400 |
| 65+ | $568,400 | $823,800 |
Prince Edward Island, Canada's smallest province by population, has one of the more volatile income rankings in this dataset: eighth of ten among those 25-34, down to last place among those 35-44 at $62,939, then climbing to sixth by the time residents reach 65 and older — a better rank than it held at 25-34, not a return to it. Net worth does not move like this at all. Prince Edward Island's net worth holds fourth place of ten provinces in every single age band, from $122,400 among those 25-34 to $671,900 among those 55-64 — a rank income never comes close to matching. The gap is sharpest against Saskatchewan: in every one of the five age bands, Prince Edward Island's net worth is higher than Saskatchewan's, despite Saskatchewan's income running well ahead of Prince Edward Island's throughout, for instance $77,101 against $69,391 in the 45-54 band alone. Agriculture and tourism dominate the island's economy.
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.