6 Calgary neighbourhoods ranked among Canada's wealthiest
Britannia, Bel-Aire and Mayfair, Eagle Ridge, Mount Royal, Roxboro make Canadian Business listing
Six Calgary neighbourhoods have been named among Canada's wealthiest in the latest ranking by Canadian Business.
Each year, the magazine teams up with Environics Analysis to produce the Canada's Richest Neighbourhoods ranking, which measures the average household net worth of the people living in each area. Net worth figures are publicly available from census data and market intelligence but none of the data reflects the finances of any particular individual.
The borders of each of the neighbourhoods measured has been defined by Statistics Canada and the wealthiest 25 of them made it on to the list.
Below are the Calgary neighbourhoods and their rankings.
20th — Roxboro
The average household net worth in Roxboro is $6.38 million while the average annual household income is $845,038. The average home sells for $1.39 million. It ranks fifth among Alberta's richest neighbourhoods in terms of net worth but residents are in second place provincially in terms of average annual household salary and own the second most expensive homes.
19th — Mount Royal
The average household net worth in Mount Royal is $6.54 million, with most households bringing in an annual average income of $617,128. The average home sells for about $1.29 million and the analysis suggested residents here are less likely than those in other Alberta neighbourhoods on the list to take exotic holidays or take part in gallery-hopping and symphony-going.
18th — Eagle Ridge
The average household net worth in Eagle RIdge is $6.55 million and the average household annual income is $660,328. Most houses sell for abut $1.13 million and 76 per cent of residents here voted Conservative in the last election.
17th — Bel Aire & Mayfair
The average household net worth in Bel-Aire and Mayfair is $6.59 million and the average annual household income $553,556. The average home price is $1.35 million and compared to their wealthy peers on this list, residents here are the most likely to have travelled to Europe or the Caribbean lately. They're also the most avid skiers.
16th — Britannia
The average household net worth in Britannia is $7.02 million, with the average annual household income clocking in at $1.45 million. The average home sells for $2.28 million and although the neighbourhood ranks 16th in terms of household net worth, residents in Britannia have the highest average annual household income of any Canadian neighbourhood on the list.