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Ladysmith, BC
Full City Profile · British Columbia
2.7
/5.0
C+
Fair
8,990
Population
1,933/sq mi density
$81,000
Median Income
$48,360 per capita
$552,000
Home Value
$1,120
Median Rent
17.7% income on rent
52°F
Avg Temperature
225 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$81,000 median income, 8.0% unemployment
C+
Affordability
2.8 / 5.0
$552,000 home value, $1,120/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.0 / 5.0
13.1% bachelor's degree or higher
Housing Overview
Median Home Value
$552,000
96% above
US avg: $281,900
Median Rent
$1,120/mo
4% below
US avg: $1,163/mo
Homeownership Rate
80.7%
23% above US avg (65.4%)
Total Housing Units
3,930
Ownership vs. Renting
80.7%
Owner-Occupied
19.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
17.7%
of renters spending 30%+ of income on housing
43% below US avg (31.0%)
Homeownership Rate
80.7%
Complete Housing Data
Home Values
| Census Median Value | $552,000 |
Rent
| Census Median Rent | $1,120 |
Market
Ownership & Stock
| Owner-Occupied | 80.7% |
| Renter-Occupied | 19.2% |
| Homeownership Rate | 80.7% |
| Total Housing Units | 3,930 |
| Rent Burden | 17.7% |