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AreaScore

Housing and jobs

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

Affordability

15 · Poor
Average monthly rent$1,189/month

BC: $1,494/month · Canada: $1,209/month · 2006: $838/month · 2016: $1,050/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)$600,000

BC: $785,000 · Canada: $472,000 · 2016: $397,100 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing18.4%

BC: 25.5% · Canada: 20.9% · 2006: 24% · 2016: 23.5% · Statistics Canada, 2021

Economy

69 · Good
Median household income$78,500

BC: $85,000 · Canada: $84,000 · 2006: $66,387 · 2016: $69,440 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.7%

BC: 7.6% · Canada: 5.2% · 2016: 3% · Statistics Canada, 2021

Unemployment rate7.1%

BC: 8.4% · Canada: 10.3% · 2006: 5.7% · 2016: 6.4% · 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.