Drayton Valley families are bringing in more money than the national average, new 2016 census data shows.
Drayton Valley had a median household income of $92,858, according to Statistics Canada census income data. That's almost on par with the provincial average of $93,835 and well as above Canada’s average household income of $70,336.
However in the census report it cautions that the numbers reflect the income of Canadians in 2015, before the effects of the oil price slowdown in 2015/16 were fully felt.
Mayor Glenn McLean attributed the high median income, which is larger than that of cities like Red Deer and Lethbridge, to a time when the oil and gas industry was booming.
"I'm not surprised that average household income might be higher than in other parts of the country. When the oil patch is active there is an awful lot of contract work that happens, and independent business people who are employing others. With high levels of activity, comes a lot of business and work."
The next census will cover the recession, something McLean says Drayton Valley fully hasn't recovered from.
"This by no means indicates we have fully recovered from the recession. There are certainly signs of life in the local economy but we've got some distance to go as our major industry engages in a bit of an upswing."
McLean was unable to specualte on how much of a drop the household income if the census reflected 2016/17, however he did say that it would be lower.
Within Alberta, Wood Buffalo and Okotoks had the highest median household income at $193,511 and $116,163 respectively.
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