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Both average and median family income showed a large increase between 2001 and 2006. The average family income for Red Deer is $90,333. This is higher than the national average of $66,343 and the Alberta average income of $73,823.
The median family income in Red Deer is $74,566 and is very close to the provincial median income of $76,526. This suggests that Red Deer has a better distribution of income than Alberta as a whole. The median family income for Canada is $66,343.
This data comes from Statistics Canada Census which is conducted every 5 years. More current data will be collected in 2011 and made available in 2012.
Related Definition:
Census Family Income
 Average & Median Census Family Income in chart form
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2006 |
2001 |
1996 |
1991 |
|
Average family income ($) |
90,333 |
67,700 |
53,525 |
48,240 |
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Median family income ($) |
74,566 |
59,152 |
47,515 |
44,512 |
Source: Statistics Canada (Census 2006, 2001, 1996 and 1991)
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