Horseshoe

Neighbourhood in Terrace · British Columbia · Population 4,367

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Approximate boundaries

Terrace doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Terrace.

Housing and jobs

Housing costs, rents, incomes and jobs in Horseshoe, with comparisons and sources.

Affordability

68 · Good

Average monthly rent$1,151/month

Terrace: $1,082/month · Canada: $1,209/month · 2006: $644/month (estimated) · 2016: $894/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,205/month

City-wide figure for Terrace · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,619/month

City-wide figure for Terrace · CMHC, 2025

Median dwelling value (owner-estimated)$366,844

Terrace: $420,000 · Canada: $472,000 · Estimated · 2016: $342,576 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing11.2%

Terrace: 15.2% · Canada: 20.9% · 2006: 16.9% (estimated) · 2016: 17.5% (estimated) · Statistics Canada, 2021

Economy

54 · Average

Median household income$95,629

Terrace: $90,000 · Canada: $84,000 · Estimated · 2006: $77,391 (estimated) · 2016: $90,316 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)3.2%

Canada: 5.2% · City-wide figure for Terrace · Statistics Canada, 2021

Unemployment rate6.4%

Terrace: 6.5% · Canada: 10.3% · 2006: 5.3% (estimated) · 2016: 8.9% (estimated) · Statistics Canada, 2021