Table 4 
Net worth, average value per household, by age group of major income earner, 2019 to fourth quarter 2020, Canada 

Net worth, 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 Q1 2020/2019 Q2 2020/Q1 2020 Q3 2020/Q2 2020 Q4 2020/Q3 2020 Q4 2020/2019
  dollarsdollarsdollarsdollarsdollars % difference% difference% difference% difference% difference
Total assets 899,925 875,040 915,155 944,237 976,022 -2.8 4.6 3.2 3.4 8.5
Younger than 35 years 366,496 363,336 375,376 388,905 403,645 -0.9 3.3 3.6 3.8 10.1
35 to 44 years 730,117 716,134 743,694 767,227 792,180 -1.9 3.8 3.2 3.3 8.5
45 to 54 years 1,068,726 1,043,055 1,089,058 1,123,107 1,159,404 -2.4 4.4 3.1 3.2 8.5
55 to 64 years 1,389,948 1,345,294 1,411,044 1,454,518 1,502,386 -3.2 4.9 3.1 3.3 8.1
65 years and older 946,742 913,612 960,405 991,133 1,025,555 -3.5 5.1 3.2 3.5 8.3
Total liabilities 152,288 152,946 153,569 156,334 158,644 0.4 0.4 1.8 1.5 4.2
Younger than 35 years 161,922 163,197 163,398 167,839 172,609 0.8 0.1 2.7 2.8 6.6
35 to 44 years 229,783 230,578 230,966 235,151 238,719 0.3 0.2 1.8 1.5 3.9
45 to 54 years 221,208 222,079 223,452 227,242 229,674 0.4 0.6 1.7 1.1 3.8
55 to 64 years 161,808 162,453 163,565 165,761 167,240 0.4 0.7 1.3 0.9 3.4
65 years and older 48,390 48,415 48,699 49,165 49,457 0.1 0.6 1.0 0.6 2.2
Net worth (wealth) 747,637 722,094 761,586 787,903 817,378 -3.4 5.5 3.5 3.7 9.3
Younger than 35 years 204,573 200,138 211,977 221,067 231,036 -2.2 5.9 4.3 4.5 12.9
35 to 44 years 500,334 485,555 512,728 532,076 553,461 -3.0 5.6 3.8 4.0 10.6
45 to 54 years 847,517 820,976 865,605 895,865 929,731 -3.1 5.4 3.5 3.8 9.7
55 to 64 years 1,228,140 1,182,841 1,247,479 1,288,757 1,335,146 -3.7 5.5 3.3 3.6 8.7
65 years and older 898,352 865,197 911,706 941,968 976,099 -3.7 5.4 3.3 3.6 8.7
  2019 Quarter 1 2020 Quarter 2 2020 Quarter 3 2020 Quarter 4 2020 Q1 2020 - 2019 Q2 2020 - Q1 2020 Q3 2020 - Q2 2020 Q4 2020 - Q3 2020 Q4 2020 - 2019
  %%%%% percentage point differencepercentage point differencepercentage point differencepercentage point differencepercentage point difference
Debt-to-income ratio 187.2 191.0 167.9 166.2 172.1 3.8 -23.1 -1.7 5.9 -15.1
Younger than 35 years 214.9 221.7 184.9 191.3 199.9 6.8 -36.8 6.4 8.6 -15.0
35 to 44 years 245.4 248.4 220.6 219.1 218.2 3.0 -27.8 -1.5 -0.9 -27.2
45 to 54 years 210.9 215.2 187.5 185.0 190.4 4.3 -27.7 -2.5 5.4 -20.5
55 to 64 years 185.2 190.8 167.1 161.0 167.6 5.6 -23.7 -6.1 6.6 -17.6
65 years and older 80.4 81.0 74.8 72.8 77.2 0.6 -6.2 -2.0 4.4 -3.2
Note(s):
  • The household groupings are fixed to the 2019 distributions of household economic accounts.
  • All dollar values are expressed in nominal, unadjusted rates.
Source(s):
Statistics Canada, National Economic Accounts Division, distributions of household economic accounts, sub-annual experimental estimates.
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