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Question: Who is middle class?

11/26/2020

 
​The definition of Middle Class can vary greatly and it may depend on who is defining it.  Most of us probably think of ourselves as Middle Class, but are we?
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The above is based on 2018 data for the Average Total Income of Individuals
 
Based on the definition from the Organization for Economic Co-operation and Development (OECD), Middle Class is defined as anywhere from 75% to 200% of the average income.  For individuals in Canada this would be between $42,000 and $130,000.
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SOURCE: Statistics Canada Table 11-10-0239-01

A different perspective is the Total Income for a Family.  This is quite variable as there are many variations of “Family” and income into a Family.  The following diagram is based on 2018 data for the Median Income for Economic Families.
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An Economic Family is defined as a group of two or more persons who live in the same dwelling and are related to each other by blood, marriage, common law, adoption or a foster relationship.
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​Using the same OECD definition of Middle Income, families of income between $62,000 and $160,000 are middle income.

SOURCE: Statistics Canada Table 11-10-0190-01

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