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Income & Expenditure

Financial Post Market's Canadian Demographics 2011, estimates that the average Red Deer Citizen's annual income is approximately 29 percent highter than the Canadian average. With a higher-than-average income, businesses, especially those in the service industry in the Red Deer Region benefit from more disposable income.
 

     Income & Expenditures

    

Household Income

Household Expenditures

Red Deer Region

$114,913

$102,403

Alberta  

$110,056

$98,651

Canada

$82,608

$77,639

Source: Financial Post Markets 2011


Quick Facts

"Alberta is well known for providing the lowest tax burden for higher incomer individuals, having the lowest tax rate in Canada for large corporations (after Quebec) as well as the second lowest tax rate for small businesses (after New Brunswick)." (TD Economics)