Money Sense Magazine ranked Burlington as the top GTA location in Canada’s Best Places to Live 2014. It came in 5th in Canada overall – with Ottawa taking the top Ontario spot at number 4. Oakville was not far behind – capturing 7th place.
Oakville is definitely one of the most affluent cities in Canada with the average household income at $145,094. The survey reports the average house price in Oakville as $692,902 and the average household net worth at $948,281.
Here’s how the others stacked up:
Ontario top cities that made the top 50
| Rank | City | Average Household Income | Average Net Worth (Household) | Average Home Price |
| 4 | Ottawa | $103,186 | $457,513 | $398,845 |
| 5 | Burlington | $110,114 | $623,548 | 496,412 |
| 7 | Oakville | $145,094 | $948,281 | $692,902 |
| 11 | Kingston | $83,515 | $369,279 | $318,189 |
| 23 | Stratford | $75,898 | $379,810 | $258,171 |
| 24 | Aurora | $133,429 | $832,876 | $576,304 |
| 27 | Whitby | $109,010 | $433,584 | $414,719 |
| 29 | Halton Hills | $117,993 | $643,309 | $515,080 |
| 30 | Guelph | $91,764 | $426,367 | $374,079 |
| 31 | Newmarket | $106,853 | $516.1-2 | $480,049 |
| 32 | Toronto | $93,288 | $610,038 | $594,112 |
| 41 | London | $80,911 | $340,025 | $275,233 |
| 43 | Waterloo | $102,825 | $550,971 | $366,219 |
| 44 | Milton | $113,939 | $503,031 | $491,215 |
| 49 | Caledon | $126,498 | $841,557 | $599,054 |
| 50 | Richmond Hill | $108,311 | $841,125 | $736,515 |
The only cities in the top 200 that topped Oakville for net household income were Wood Buffalo, Alberta with $187,772 and West Vancouver, British Columbia with $180,205. West Vancouver has, by far, the highest net household worth at $2,729,123 and average home value of $1,639,337. The home prices may explain the high net worth, but it only ranked 36th in Canada’s best places to live.
