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Housing and jobs

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

Affordability

55 · Average
Average monthly rent$840/month

NL: $903/month · Canada: $1,209/month · 2006: $670/month · 2016: $742/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$200,000

NL: $240,000 · Canada: $472,000 · 2016: $198,713 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing13.4%

NL: 14.6% · Canada: 20.9% · 2006: 24.3% · 2016: 18.8% · Statistics Canada, 2021

Economy

4 · Poor
Median household income$61,200

NL: $71,500 · Canada: $84,000 · 2006: $48,189 · 2016: $60,254 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-7.9%

NL: -1.8% · Canada: 5.2% · 2016: 2% · Statistics Canada, 2021

Unemployment rate19.4%

NL: 15.2% · Canada: 10.3% · 2006: 19% · 2016: 20.8% · Statistics Canada, 2021

Sources

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