Top 10 Richest Communities in Canada 2023
Top 10 Richest Communities in Canada 2023/ Canada’s richest communities (Average Household Networth 2023)
Have you ever wondered where you can find the richest communities in Canada?
Canada is one of the richest countries in the world. With a population of 37 million people, Canada’s annual GDP of $1.7 trillion puts it ahead of all other countries in terms of gross domestic product and well ahead of other countries when it comes to per capita income.
First of all, Canada is a developed country that has many rich and wealthy communities. The number of millionaires in Canada is increasing year after year. In the last five years, the number of millionaires has increased by 50%.
With a population of only 38 million people, it is no surprise that some Canadians are very rich and live in wealthy communities.
Today, we have compiled a list of the top 10 richest communities in Canada for the year 2023 according to Ugwire and Forbes Magazine.
Which are Canada’s richest communities in 2023?
As of 2023, Sunnybrook, Toronto, Ontario is the richest community in Canada with an average household net worth of $22,709,428. York Mills-Windfields and Bridle Path rank in second and third place with an average household net worth of $20,944,385 and $19,729,09 respectively.
The country’s top 10 richest neighborhoods are all located in Ontario. The majority of these neighborhoods are postal codes within Toronto.
Top 10 richest communities in Canada (Average Household Networth 2023)
- Sunbrook, Toronto, Ontario. Average household net worth: $22,709,428.
- York Mills-Windfields, Toronto, Ontario. Average household net worth: $20,944,385
- Bridle Path. Toronto, Ontario. Average household net worth: $19,729,09.
- Shaughnessy Heights, Vancouver, British Columbia. Average household net worth: $13,811,849.
- Kerrisdale Park, Vancouver, British Columbia. Average household net worth: $12,850,938.
- Forest Hill North, Toronto, Ontario. Average household net worth: $11,671,220.
- Forest Hill South & UCC, Toronto, Ontario. Average household net worth: $11,530,848.
- Summit Park, Westmount, Montreal, Quebec. Average household net worth: $10,895,782.
- Kerrisdale Park, Vancouver, British Columbia. Average household net worth: $10,869,273.
- Sunnyside 7 Edgehill, Westmount, Montreal, Quebec. Average household net worth: $10,511,187.
What is the richest province in Canada in 2023?
As of 2023, according to the Forbes ranking, British Columbia (BC) is the richest province in Canada. Here is the current list of the top 10 richest provinces in Canada.
Where do most millionaires live in Canada?
Toronto, with more than 100,000 millionaires, has by far the most millionaires on an absolute basis. Median salaries in Alberta are the highest paid among Canadian provinces, followed by British Columbia.
Conclusion
Canada is a global leader when it comes to wealth. The question is, where do the richest Canadians live? Where will they be living in the future? Which areas of Canada have the most millionaires per capita? What about worldwide celebrities who live in Canada? We shall keep you updated on this very page.
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