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What is the Average Income in Laval CA?

Published in Laval Income Statistics 2 mins read

The average annual salary in Laval, Quebec, Canada, is $47,466 as of November 24.

Understanding Average Income in Laval

This figure represents a benchmark for the typical annual earnings of individuals working in Laval. While "income" can encompass various sources, "salary" is a primary component for many residents. This average provides a general indicator of the earning potential within the city's job market.

Key Details for Average Salary in Laval

Metric Value
Average Annual Salary $47,466
As of November 24
Location Laval, QC, Canada

Factors Influencing Income Levels

While an average provides a general overview, individual incomes can vary significantly based on several factors:

  • Industry and Sector: Different industries (e.g., healthcare, tech, retail, manufacturing) have varying pay scales.
  • Job Role and Seniority: Entry-level positions typically earn less than managerial or specialized roles.
  • Experience Level: More experienced professionals often command higher salaries.
  • Education and Qualifications: Higher education degrees or specialized certifications can lead to increased earning potential.
  • Company Size and Type: Larger corporations or specific types of organizations might offer different compensation packages than smaller businesses.
  • Economic Conditions: Broader economic trends and local market demand for certain skills can also impact salary levels.

Understanding these contributing factors can provide a more nuanced perspective on individual earning potential within Laval's diverse economy.