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AreaScore

Wallace Gardens

Neighbourhood in Comox · British Columbia · Population 1,413

Approximate boundaries

Comox 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 Comox.

Housing and jobs

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

Affordability

67 · Good
Average monthly rent$785/month

Comox: $1,263/month · Canada: $1,209/month · 2006: $802/month (estimated) · 2016: $1,414/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,328/month

City-wide figure for Comox · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,459/month

City-wide figure for Comox · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,691/month

City-wide figure for Comox · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,860/month

City-wide figure for Comox · CMHC, 2025

Median dwelling value (owner-estimated)$674,847

Comox: $628,000 · Canada: $472,000 · Estimated · 2016: $450,228 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing11%

Comox: 18.1% · Canada: 20.9% · 2006: 7.1% (estimated) · 2016: 15.8% (estimated) · Statistics Canada, 2021

Economy

38 · Below average
Median household income$92,299

Comox: $83,000 · Canada: $84,000 · Estimated · 2006: $91,526 (estimated) · 2016: $91,162 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.5%

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

Unemployment rate11.8%

Comox: 6.7% · Canada: 10.3% · 2006: 5.2% (estimated) · 2016: 4.7% (estimated) · 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.