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Invermere, BC
Full City Profile · British Columbia
3.1
/5.0
B
Good
3,917
Population
944/sq mi density
$84,000
Median Income
$49,280 per capita
$448,000
Home Value
$1,170
Median Rent
19.1% income on rent
40°F
Avg Temperature
300 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$84,000 median income, 5.9% unemployment
B+
Affordability
3.7 / 5.0
$448,000 home value, $1,170/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher
Housing Overview
Median Home Value
$448,000
59% above
US avg: $281,900
Median Rent
$1,170/mo
1% above
US avg: $1,163/mo
Homeownership Rate
70.5%
8% above US avg (65.4%)
Total Housing Units
1,660
Ownership vs. Renting
70.5%
Owner-Occupied
29.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
19.1%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Homeownership Rate
70.5%
Complete Housing Data
Home Values
| Census Median Value | $448,000 |
Rent
| Census Median Rent | $1,170 |
Market
Ownership & Stock
| Owner-Occupied | 70.5% |
| Renter-Occupied | 29.5% |
| Homeownership Rate | 70.5% |
| Total Housing Units | 1,660 |
| Rent Burden | 19.1% |