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AreaScore

Housing and jobs

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

Affordability

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

BC: $1,494/month · Canada: $1,209/month · 2006: $697/month · 2016: $1,072/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$876/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,283/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,624/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,787/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$650,000

BC: $785,000 · Canada: $472,000 · 2016: $428,792 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing17.3%

BC: 25.5% · Canada: 20.9% · 2006: 20.5% · 2016: 22.6% · Statistics Canada, 2021

Economy

58 · Average
Median household income$83,000

BC: $85,000 · Canada: $84,000 · 2006: $78,277 · 2016: $75,906 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)3.2%

BC: 7.6% · Canada: 5.2% · 2016: 6.9% · Statistics Canada, 2021

Unemployment rate6.9%

BC: 8.4% · Canada: 10.3% · 2006: 6.6% · 2016: 7% · Statistics Canada, 2021

Sources

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

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.