Prairie Valley

Neighbourhood in Summerland · British Columbia · Population 4,559

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Approximate boundaries

Summerland 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 Summerland.

Housing and jobs

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

Affordability

33 · Below average

Average monthly rent$1,406/month

Summerland: $1,364/month · Canada: $1,209/month · 2006: $1,007/month (estimated) · 2016: $1,010/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,349/month

City-wide figure for Summerland · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,671/month

City-wide figure for Summerland · CMHC, 2025

Median dwelling value (owner-estimated)$659,845

Summerland: $650,000 · Canada: $472,000 · Estimated · 2016: $450,503 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing21.8%

Summerland: 19.5% · Canada: 20.9% · 2006: 24.7% (estimated) · 2016: 25.4% (estimated) · Statistics Canada, 2021

Economy

51 · Average

Median household income$84,578

Summerland: $82,000 · Canada: $84,000 · Estimated · 2006: $64,410 (estimated) · 2016: $76,382 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)3.7%

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

Unemployment rate7.8%

Summerland: 8.2% · Canada: 10.3% · 2006: 5.4% (estimated) · 2016: 7.1% (estimated) · Statistics Canada, 2021