Universities help Canadians get ahead: quick facts

January 10, 2024
Students interacting in a classroom / Étudiants interagissant dans une salle de classe

Did you know? The national average income for all Canadians was $51.9 K in 2020.

But, if you have a bachelor’s degree, that average jumps up 24% to $68.3K—and even higher if you get a master’s or doctoral degree. However, only 12% of Canadians go past a bachelor’s degree. 

Learn more to earn more at Canadian universities.

See the accessible version of this publication below:

Average Canadian income

The average income for all Canadians in 2020 was $51.9K.

The average income with a bachelor’s degree was $68.3K.

Canadians with bachelor degrees earn 24% more than the national average.

Beyond the bachelor’s

Only 12% of Canadians get a master’s or doctoral degree.

Learn more, earn more

The average income with a master’s degree was $84.4K.

The average income with a doctoral degree was $100K.

On average, Canadians earn 38% more with a master’s degree and 48% more with a doctorate than the national average.

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