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Fernie, BC
Full City Profile · British Columbia
3.1
/5.0
B
Good
6,320
Population
1,083/sq mi density
$107,000
Median Income
$62,350 per capita
$645,000
Home Value
$1,100
Median Rent
12.5% income on rent
44°F
Avg Temperature
270 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$107,000 median income, 9.4% unemployment
B
Affordability
3.3 / 5.0
$645,000 home value, $1,100/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.8 / 5.0
23.1% bachelor's degree or higher
Housing Overview
Median Home Value
$645,000
129% above
US avg: $281,900
Median Rent
$1,100/mo
5% below
US avg: $1,163/mo
Homeownership Rate
72.5%
11% above US avg (65.4%)
Total Housing Units
2,595
Ownership vs. Renting
72.5%
Owner-Occupied
27.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
12.5%
of renters spending 30%+ of income on housing
60% below US avg (31.0%)
Homeownership Rate
72.5%
Complete Housing Data
Home Values
| Census Median Value | $645,000 |
Rent
| Census Median Rent | $1,100 |
Market
Ownership & Stock
| Owner-Occupied | 72.5% |
| Renter-Occupied | 27.6% |
| Homeownership Rate | 72.5% |
| Total Housing Units | 2,595 |
| Rent Burden | 12.5% |