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Lake Cowichan, BC
Full City Profile · British Columbia
Lake Cowichan, BC
At a Glance
How Lake Cowichan Compares to the U.S. Average
Each bar shows Lake Cowichan's value as a percentage of the national average (100% = U.S. avg)
Is Lake Cowichan a Good Place to Live?
Economy & Jobs
Lake Cowichan residents earn a median household income of $68,000 , which is 10% below the national average of $75,149. Per capita income is $42,880. The unemployment rate stands at 9.0% (150% above the U.S. rate of 3.6%). 11.9% of residents live below the poverty line. The area is home to 103 business establishments.
Housing & Cost of Living
The median home value in Lake Cowichan is $472,000 , 67% above the national median of $281,900. Median rent is $980/month, with 16.8% of renters spending more than 30% of income on housing.
Education
6.8% of adults in Lake Cowichan hold a bachelor's degree or higher (80% below the national average). 34.0% have completed high school.
Climate & Weather
Lake Cowichan has an average annual temperature of 46°F (8°C). Winters average 35°F in January while summers reach 59°F in July. The area gets 185 sunny days per year. Annual precipitation totals 87.1 inches.