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AreaScore

Housing and jobs

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

Affordability

20 · Below average
Average monthly rent$920/month

BC: $1,494/month · Canada: $1,209/month · 2006: $829/month (estimated) · 2016: $817/month (in 2021 dollars) · Statistics Canada, 2021

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

BC: $785,000 · Canada: $472,000 · 2016: $440,419 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing21%

BC: 25.5% · Canada: 20.9% · 2006: 21.4% (estimated) · 2016: 28.7% · Statistics Canada, 2021

Economy

69 · Good
Median household income$71,000

BC: $85,000 · Canada: $84,000 · 2006: $54,637 (estimated) · 2016: $57,345 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)18%

BC: 7.6% · Canada: 5.2% · 2016: 8.6% · Statistics Canada, 2021

Unemployment rate9%

BC: 8.4% · Canada: 10.3% · 2006: 10% (estimated) · 2016: 8.8% · Statistics Canada, 2021

Sources

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