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Housing and jobs

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

Affordability

1 · Poor
Average monthly rent$1,672/month

BC: $1,494/month · Canada: $1,209/month · 2006: $1,276/month · 2016: $1,471/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$990,000

BC: $785,000 · Canada: $472,000 · 2016: $829,744 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing34.9%

BC: 25.5% · Canada: 20.9% · 2006: 33.5% · 2016: 35.9% · Statistics Canada, 2021

Economy

48 · Average
Median household income$79,000

BC: $85,000 · Canada: $84,000 · 2006: $68,486 · 2016: $70,600 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.9%

BC: 7.6% · Canada: 5.2% · 2016: 4.1% · Statistics Canada, 2021

Unemployment rate10.8%

BC: 8.4% · Canada: 10.3% · 2006: 5.7% · 2016: 5.9% · Statistics Canada, 2021

Sources

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