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Cranbrook, BC

Full City Profile · British Columbia

3.0 /5.0
B Good
20,499 Population 1,661/sq mi density
$80,000 Median Income $49,640 per capita
$380,000 Home Value
$980 Median Rent 15.2% income on rent
45°F Avg Temperature 301 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$80,000 median income, 7.4% unemployment
A
Affordability
4.0 / 5.0
$380,000 home value, $980/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.9% bachelor's degree or higher

Cranbrook, BC

At a Glance

Median Income
$80,000
6% above
$49,640 per capita
Home Value
$380,000
35% above
Median Rent
$980/mo
16% below
15.2% of income on rent
Bachelor's Degree+
9.9%
71% below
33.5% high school+
Unemployment
7.4%
106% above
9.1% poverty rate
Avg Temperature
45°F
301 sunny days/yr

How Cranbrook Compares to the U.S. Average

Each bar shows Cranbrook's value as a percentage of the national average (100% = U.S. avg)

Income
106%
Home Value
135%
Rent
84%
Poverty
73%
Bachelor's
29%
Unemployment
206%
Thin vertical line = U.S. national average (100%)

Is Cranbrook a Good Place to Live?

B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cranbrook residents earn a median household income of $80,000 , which is 6% above the national average of $75,149. Per capita income is $49,640. The unemployment rate stands at 7.4% (106% above the U.S. rate of 3.6%). 9.1% of residents live below the poverty line. The area is home to 635 business establishments.

Housing & Cost of Living

The median home value in Cranbrook is $380,000 , 35% above the national median of $281,900. Median rent is $980/month, with 15.2% of renters spending more than 30% of income on housing.

Education

9.9% of adults in Cranbrook hold a bachelor's degree or higher (71% below the national average). 33.5% have completed high school.

Climate & Weather

Cranbrook has an average annual temperature of 45°F (7°C). Winters average 24°F in January while summers reach 69°F in July. The area gets 301 sunny days per year. Annual precipitation totals 12.5 inches.

Data Overview

People

Population20,499
Median Age45.2 yrs
Density1,661/mi²
Male / Female49% / 51%

Economy

B+
Median Income$80,000
Per Capita$49,640
Unemployment7.4%
Poverty9.1%
Avg Weekly Wage$955

Housing

A
Home Value$380,000
Rent$980
Ownership73.6%
Housing Units8,780
Rent Burden15.2%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp45°F
Sunny Days301/yr
Rain12.5 in/yr
Elevation3,107 ft

Education

D
Bachelor's+9.9%
High School+33.5%
Graduate+3.9%

Community

Commute20 min