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Cowichan Valley I, BC

Full City Profile · British Columbia

2.1 /5.0
C Fair
1,423 Population 7/sq mi density
$71,000 Median Income $56,200 per capita
$650,000 Home Value
$1,020 Median Rent 20.9% income on rent
44°F Avg Temperature 191 sunny days/yr
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$71,000 median income, 9.0% unemployment
F
Affordability
1.5 / 5.0
$650,000 home value, $1,020/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.1% bachelor's degree or higher

Housing Overview

Median Home Value
$650,000
131% above
US avg: $281,900
Median Rent
$1,020/mo
12% below
US avg: $1,163/mo
Homeownership Rate
88.5%
35% above US avg (65.4%)
Total Housing Units
695

Ownership vs. Renting

88.5%
Owner-Occupied
10.8%
Renter-Occupied
88%
11%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
20.9%
of renters spending 30%+ of income on housing
33% below US avg (31.0%)
Homeownership Rate
88.5%

Complete Housing Data

Home Values

Census Median Value$650,000

Rent

Census Median Rent$1,020

Market

Ownership & Stock

Owner-Occupied88.5%
Renter-Occupied10.8%
Homeownership Rate88.5%
Total Housing Units695
Rent Burden20.9%