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The City of Red Deer's median household income ranks favourably with other Albertan Cities. The median household income is approximately 15 per cent higher than communities that have a similar population.
The median household income has also shown a significant increase in 2005. The median income is $63,034 which is well above the Canadian median income of $53,634 but below the Alberta median income level of $63,988.
Definition:
Median Household Income
|
Alberta Cities |
Median Household
Income ($) |
|
Calgary |
$67,238 |
|
Red Deer |
$63,034 |
|
Edmonton |
$57,085 |
|
Lethbridge |
$52,122 |
|
Medicine Hat |
$55,858 |
Source: Statistics Canada 2005
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