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AreaScore

Housing and jobs

Housing costs, rents, incomes and jobs in Cowichan Valley B, with comparisons and sources.

Affordability

9 · Poor
Average monthly rent$1,350/month

BC: $1,494/month · Canada: $1,209/month · 2006: $979/month · 2016: $1,227/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$700,000

BC: $785,000 · Canada: $472,000 · 2016: $468,774 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing19.8%

BC: 25.5% · Canada: 20.9% · 2006: 26.9% · 2016: 22.2% · Statistics Canada, 2021

Economy

68 · Good
Median household income$99,000

BC: $85,000 · Canada: $84,000 · 2006: $78,555 · 2016: $87,837 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.1%

BC: 7.6% · Canada: 5.2% · 2016: 5.3% · Statistics Canada, 2021

Unemployment rate6.2%

BC: 8.4% · Canada: 10.3% · 2006: 3.9% · 2016: 5.6% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.