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Housing and jobs

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

Affordability

41 · Average
Average monthly rent$1,300/month

BC: $1,494/month · Canada: $1,209/month · 2006: $893/month · 2016: $0/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$376,000

BC: $785,000 · Canada: $472,000 · 2016: $286,390 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing7%

BC: 25.5% · Canada: 20.9% · 2006: 13.6% · 2016: 12.8% · Statistics Canada, 2021

Economy

65 · Good
Median household income$94,000

BC: $85,000 · Canada: $84,000 · 2006: $76,747 · 2016: $89,965 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)1.7%

BC: 7.6% · Canada: 5.2% · 2016: -3.3% · Statistics Canada, 2021

Unemployment rate4.4%

BC: 8.4% · Canada: 10.3% · 2006: 4.9% · 2016: 5.4% · Statistics Canada, 2021

Sources

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