Colwood, BC

British Columbia

Colwood is a small city in British Columbia with a population of 18,961. Residents earn $102,000 per year, which is 36% above the national average.

3.0 /5.0
B Good
18,961 Population 2,781/sq mi density
$102,000 Median Income $53,200 per capita
$800,000 Home Value
$1,370 Median Rent 18.8% income on rent
51°F Avg Temperature 250 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$102,000 median income, 5.1% unemployment
C
Affordability
2.2 / 5.0
$800,000 home value, $1,370/mo rent
C
Education
2.2 / 5.0
14.5% bachelor's degree or higher
Median Income $102,000
36% higher than US avg
Home Value $800,000
184% higher than US avg
Bachelor's+ 14.5%
57% lower than US avg
Median Rent $1,370
18% higher than US avg
Unemployment 5.1%
42% higher than US avg
Poverty Rate 4.9%
60% lower than US avg

How Colwood Compares to the U.S. Average (100% = U.S. avg)

People

Population18,961
Median Age42.4 yrs
Density2,781/mi²
Male / Female49% / 51%
Largest GroupWhite 89%

Economy

A+
Median Income$102,000
Per Capita$53,200
Unemployment5.1%
Poverty4.9%
Commute25 min

Housing

C
Home Value$800,000
Rent$1,370
OwnershipN/A
Housing Units7,430
Rent Burden18.8%

Climate

Avg Temp51°F (10°C)
Rain35.0 in/yr
Sunny Days250/yr
Elevation259 ft (79 m)

Education

C
Bachelor's+14.5%
High School+34.1%
Graduate+5.6%

Community

Commute25 min

Is Colwood a Good Place to Live?

Based on current data, Colwood receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, abundant sunshine, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Colwood offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Colwood is $102,000, which is significantly higher than the national average — 36% above $75,149. This places Colwood among higher-income communities. The unemployment rate of 5.1% is somewhat elevated compared to the national rate of 3.6%. Only 4.9% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 25 minutes.

Cost of Living & Housing

The median home value in Colwood is $800,000, making it a premium housing market at 184% above the U.S. median of $281,900. Renters pay a median of $1,370 per month. With a home price-to-income ratio of 7.8x, housing affordability is a significant challenge for many families.

Education

14.5% of residents hold a bachelor's degree, below the national average of 33.7%. 34.1% have completed high school.

Climate & Weather

Colwood experiences four distinct seasons with an average temperature of 51°F. Winters average 41°F in January while summers reach 64°F in July. The area gets 250 sunny days per year. Annual precipitation totals 35.0 inches, including 12.1 inches of snow.

Colwood has a population of 18,961 with a density of 2,781 people per square mile. The median age is 42.4 years, 9% older than the national median of 38.9. The city is predominantly White (89.5%), with 1.2% Black, 7.2% Asian.

Population

18,961
Total Population
2021 Census
2,781
People / sq mi
42.4yrs
Median Age
9% above US avg
6.8mi²
Land Area

Gender Distribution

Male 49.3%
Female 50.7%

Race & Ethnicity

Colwood vs U.S. Average

Language Spoken at Home

English Only87.0%
11% above US avg
Spanish2.2%
84% below US avg
Other Languages10.9%

Social Characteristics

Colwood vs U.S. Average

The median household income in Colwood is $102,000, which is 36% above the national average of $75,149. The unemployment rate is 5.1% (above the 3.6% US average). 4.9% of residents live below the poverty line. Workers commute an average of 25 minutes.

Income: Colwood vs U.S.

Commute Mode

Income

Median HH Income$102,000
36% above US avg
Per Capita Income$53,200

Employment & Poverty

Unemployment5.1%
42% above US avg
Poverty Rate4.9%
60% below US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time25.3 min
Drive Alone79.3%
Public Transit5.2%
Work from Home25.7%

Walkability

The median home value in Colwood is $800,000, 184% above the national average. Monthly rent averages $1,370 (18% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$800,000
184% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,370
18% above US avg
Rent Burden18.8%

Ownership & Property

Owner-Occupied73.4%
Renter-Occupied26.7%
Housing Units7,430

Property Tax

Colwood has an average annual temperature of 51°F (10°C). Winters average 41°F in January while summers reach 64°F in July. Annual precipitation is 35.0 inches. The area enjoys 250 sunny days per year.

Temperature

41°F Jan (5°C) 64°F Jul (18°C)
Annual Average50.7°F
6% below US avg
January Average41°F (5°C)
July Average64°F (18°C)
Sunny Days250 days/yr

Precipitation & Snow

Annual Rainfall35.0 inches
8% below US avg
Snowfall12.1 inches/yr

Air Quality

Geography

Elevation259 ft (79 m)
Area6.8 sq mi (17.7 km²)
Population Density2,781/sq mi
Coordinates48.4329°N, 123.4859°W
TimezoneAmerica/Vancouver
14.5% of residents hold a bachelor's degree or higher (57% below US avg).

Education

Bachelor's Degree+14.5%
57% below US avg
High School+34.1%
Graduate Degree+5.6%
C Education Grade (2.2/5.0)

Urban-Rural Classification

Population Density2,781/sq mi
Total Area6.8 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute25.3 min
Drive Alone79.3%
Public Transit5.2%
Work from Home25.7%

Nearby Cities

Langford, BC 46,584 pop · 1.4 mi Six Mile, BC 1,031 pop · 2.1 mi View Royal, BC 11,575 pop · 2.3 mi New Songhees 1A, BC 1,839 pop · 3.2 mi Tillicum, BC 10,080 pop · 4.1 mi Metchosin, BC 5,067 pop · 4.1 mi Victoria West, BC 8,365 pop · 4.8 mi James Bay, BC 13,055 pop · 4.8 mi Carey, BC 18,405 pop · 5.0 mi Burnside-Gorge, BC 6,875 pop · 5.1 mi Rural Saanich, BC 5,025 pop · 5.2 mi Saanich Core, BC 5,470 pop · 5.3 mi Victoria-Downtown, BC 46,309 pop · 5.7 mi Royal Oak, BC 8,855 pop · 5.9 mi
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