highest income Vancouver neighbourhoods

[building035]

I found this article concerning the highest income areas in Vancouver. Taking a look at the highest ones - e.g. Shaughnessy, Kerrisdale - the income figures seem hard to believe.

For example, it lists Kerrisdale as having an AVERAGE income of $1,277,431. http://www.canadianbusiness.com/list...-2014/image/5/

Wikipedia, on the other hand, lists the MEDIAN income of Kerrisdale at $131,769: https://en.wikipedia.org/wiki/Kerrisdale. This is much closer to the per capita GDP of US$ 44,337 across the city of vancouver.

Does anyone if this article is accurate or uses some whacky methodology? Are there better statistics for Vancouver?

[Jebby]

I've lived in 3 of those neighborhoods.

[building035]

Originally Posted by Jebby

I've lived in 3 of those neighborhoods.

Walking around those neighbourhoods doesnt seem to reveal such tremendous wealth, does it?

They key is average. If these figures were of the top 10% or some subsection, it'd be more plausible. I bet I can count on one hand the number of neighbourhoods with avg income in the 7 figures

[Pinion]

Originally Posted by building035

Walking around those neighbourhoods doesnt seem to reveal such tremendous wealth, does it?

They key is average. If these figures were of the top 10% or some subsection, it'd be more plausible. I bet I can count on one hand the number of neighbourhoods with avg income in the 7 figures

They're tiny elite areas of larger neighbourhoods - it is a subsection.