Table 2 
Income, consumption and saving, average value per household, by age group of major income earner, 2019 to fourth quarter 2020, Canada 

Income, consumption and saving, average value per household, by age group of major income earner, 2019 to fourth quarter 2020, Canada
  2019 Quarter 1 2020 Quarter 2 2020 Quarter 3 2020 Quarter 4 2020 2020 Q1 2020/2019 Q2 2020/Q1 2020 Q3 2020/Q2 2020 Q4 2020/Q3 2020 2020/2019
  dollarsdollarsdollarsdollarsdollarsdollars % difference% difference% difference% difference% difference
Household disposable income 81,351 20,016 22,872 23,510 23,051 89,449 -1.6 14.3 2.8 -2.0 10.0
Younger than 35 years 75,337 18,404 22,088 21,934 21,590 84,016 -2.3 20.0 -0.7 -1.6 11.5
35 to 44 years 93,641 23,207 26,179 26,829 27,345 103,560 -0.9 12.8 2.5 1.9 10.6
45 to 54 years 104,868 25,800 29,797 30,715 30,156 116,468 -1.6 15.5 3.1 -1.8 11.1
55 to 64 years 87,365 21,282 24,476 25,736 24,939 96,433 -2.6 15.0 5.1 -3.1 10.4
65 years and older 60,193 14,937 16,284 16,873 16,023 64,117 -0.7 9.0 3.6 -5.0 6.5
Compensation of employees 74,834 18,638 17,285 18,521 19,319 73,763 -0.4 -7.3 7.2 4.3 -1.4
Younger than 35 years 85,308 20,981 19,082 21,210 21,379 82,652 -1.6 -9.1 11.2 0.8 -3.1
35 to 44 years 109,778 27,533 25,530 27,068 28,537 108,668 0.3 -7.3 6.0 5.4 -1.0
45 to 54 years 122,610 30,642 28,787 30,294 31,812 121,535 0.0 -6.1 5.2 5.0 -0.9
55 to 64 years 85,218 21,221 19,836 21,219 22,276 84,552 -0.4 -6.5 7.0 5.0 -0.8
65 years and older 11,887 2,961 2,682 2,886 3,102 11,631 -0.4 -9.4 7.6 7.5 -2.2
Net mixed income 13,081 3,121 2,915 3,935 3,509 13,480 -4.6 -6.6 35.0 -10.8 3.1
Younger than 35 years 9,744 2,256 2,137 2,781 2,532 9,706 -7.4 -5.3 30.1 -9.0 -0.4
35 to 44 years 14,820 3,531 3,311 4,399 3,969 15,210 -4.7 -6.2 32.9 -9.8 2.6
45 to 54 years 16,664 3,934 3,706 4,870 4,389 16,899 -5.6 -5.8 31.4 -9.9 1.4
55 to 64 years 14,903 3,535 3,084 4,795 4,095 15,509 -5.1 -12.8 55.5 -14.6 4.1
65 years and older 10,957 2,702 2,619 3,315 2,982 11,618 -1.4 -3.1 26.6 -10.0 6.0
Current transfers received 22,348 6,135 9,713 7,712 6,876 30,436 9.8 58.3 -20.6 -10.8 36.2
Younger than 35 years 11,584 3,497 8,425 5,137 4,488 21,547 20.8 140.9 -39.0 -12.6 86.0
35 to 44 years 14,307 4,083 8,404 5,681 5,157 23,325 14.2 105.8 -32.4 -9.2 63.0
45 to 54 years 13,097 3,933 9,083 6,403 4,830 24,249 20.1 130.9 -29.5 -24.6 85.1
55 to 64 years 19,075 5,337 9,316 7,029 6,036 27,718 11.9 74.6 -24.5 -14.1 45.3
65 years and older 41,935 10,946 11,994 11,869 11,254 46,063 4.4 9.6 -1.0 -5.2 9.8
Household final consumption expenditure 83,043 19,432 17,932 20,600 20,717 78,681 -6.4 -7.7 14.9 0.6 -5.3
Younger than 35 years 75,494 17,599 16,130 18,710 18,726 71,165 -6.8 -8.3 16.0 0.1 -5.7
35 to 44 years 92,286 21,541 19,860 22,986 23,053 87,440 -6.6 -7.8 15.7 0.3 -5.3
45 to 54 years 107,072 24,947 23,014 26,599 26,719 101,279 -6.8 -7.7 15.6 0.5 -5.4
55 to 64 years 90,092 21,105 19,575 22,334 22,427 85,441 -6.3 -7.2 14.1 0.4 -5.2
65 years and older 63,789 15,053 13,914 15,765 15,994 60,726 -5.6 -7.6 13.3 1.5 -4.8
  2019 Quarter 1 2020 Quarter 2 2020 Quarter 3 2020 Quarter 4 2020 2020 Q1 2020 - 2019 Q2 2020 - Q1 2020 Q3 2020 - Q2 2020 Q4 2020 - Q3 2020 2020 - 2019
  dollarsdollarsdollarsdollarsdollarsdollars dollar differencedollar differencedollar differencedollar differencedollar difference
Household net saving 1,157 1,123 5,848 3,378 3,197 13,546 834 4,725 -2,470 -181 12,389
Younger than 35 years 7,220 2,567 8,120 5,018 4,872 20,577 762 5,553 -3,102 -146 13,357
35 to 44 years 14,963 5,107 10,177 7,054 8,037 30,375 1,366 5,070 -3,123 983 15,412
45 to 54 years 11,324 4,138 10,764 7,273 7,150 29,325 1,307 6,626 -3,491 -123 18,001
55 to 64 years 668 765 5,967 3,932 3,562 14,226 598 5,202 -2,035 -370 13,558
65 years and older -16,918 -3,796 -1,254 -2,589 -3,414 -11,053 434 2,542 -1,335 -825 5,865
Note(s):
  • The household groupings are fixed to the 2019 distributions of household economic accounts.
  • All dollar values are expressed in nominal, unadjusted rates. Dollar estimates for 2019 are expressed at annual rates, while estimates for the first to the fourth quarters of 2020 are expressed at quarterly rates.
  • Difference calculations for "Q1 2020/2019" and "Q1 2020 - 2019" are based on quarterized values for 2019.
Source(s):
Statistics Canada, National Economic Accounts Division, distributions of household economic accounts, sub-annual experimental estimates.
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