Salmon Arm

Town · British Columbia · Population 19,432

Housing and jobs

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

19 · Poor

Average monthly rent$1,099/month

BC: $1,494/month · Canada: $1,209/month · 2006: $910/month · 2016: $1,021/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,151/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,336/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$500,000

BC: $785,000 · Canada: $472,000 · 2016: $396,413 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing18.1%

BC: 25.5% · Canada: 20.9% · 2006: 22.4% · 2016: 21.5% · Statistics Canada, 2021

68 · Good

Median household income$75,000

BC: $85,000 · Canada: $84,000 · 2006: $59,102 · 2016: $68,874 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)9.7%

BC: 7.6% · Canada: 5.2% · 2016: 1.4% · Statistics Canada, 2021

Unemployment rate7.9%

BC: 8.4% · Canada: 10.3% · 2006: 6.5% · 2016: 6.3% · Statistics Canada, 2021