Average tax rate for a personal earning $20,000, 30,000, 40,000, 50,000, 60,000, 70,000 and etc.

Average tax rate = Tax Liability / Taxable income

 

For an individual earning $20,000/year, the average tax rate would be: 15%*

For an individual earning $30,000/year, the average tax rate would be: 15%*

For an individual earning $40,000/year, the average tax rate would be: 15%*

For an individual earning $50,000/year, the average tax rate would be: 16.18%*

For an individual earning $60,000/year, the average tax rate would be: 17.15%*

For an individual earning $70,000/year, the average tax rate would be: 17.85%*

For an individual earning $80,000/year, the average tax rate would be: 18.36%*

For an individual earning $90,000/year, the average tax rate would be: 19.08%*

For an individual earning $100,000/year, the average tax rate would be: 19.77%*

For an individual earning $110,000/year, the average tax rate would be: 20.33%*

For an individual earning $120,000/year, the average tax rate would be: 20.81%*

For an individual earning $130,000/year, the average tax rate would be: 21.23%*

For an individual earning $200,000/year, the average tax rate would be: 23.95%*

For an individual earning $300,000/year, the average tax rate would be: 25.63%*

For an individual earning $500,000/year, the average tax rate would be: 26.98%*

For an individual earning $1,000,000/year, the average tax rate would be: 27.99%*

For an individual earning $2,000,000/year, the average tax rate would be: 28.50%*

 

*Note that provincial tax rate is excluded from the calculation