Lake Cowichan
Small town · British Columbia · Population 3,325
Housing and jobs
Housing costs, rents, incomes and jobs in Lake Cowichan, with comparisons and sources.
Affordability
Average monthly rent$1,050/month
BC: $1,494/month · Canada: $1,209/month · 2006: $787/month (estimated) · 2016: $983/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$472,000
BC: $785,000 · Canada: $472,000 · 2016: $286,458 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing16.8%
BC: 25.5% · Canada: 20.9% · 2006: 24.7% (estimated) · 2016: 27.8% · Statistics Canada, 2021
Economy
Median household income$68,000
BC: $85,000 · Canada: $84,000 · 2006: $56,036 (estimated) · 2016: $57,830 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)3.1%
BC: 7.6% · Canada: 5.2% · 2016: 8.5% · Statistics Canada, 2021
Unemployment rate9%
BC: 8.4% · Canada: 10.3% · 2006: 12.8% (estimated) · 2016: 12.3% · Statistics Canada, 2021