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Lake Cowichan, BC
Full City Profile · British Columbia
2.4
/5.0
C
Fair
3,325
Population
1,045/sq mi density
$68,000
Median Income
$42,880 per capita
$472,000
Home Value
$980
Median Rent
16.8% income on rent
46°F
Avg Temperature
185 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$68,000 median income, 9.0% unemployment
C+
Affordability
2.7 / 5.0
$472,000 home value, $980/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.8% bachelor's degree or higher
Housing Overview
Median Home Value
$472,000
67% above
US avg: $281,900
Median Rent
$980/mo
16% below
US avg: $1,163/mo
Homeownership Rate
84.9%
30% above US avg (65.4%)
Total Housing Units
1,490
Ownership vs. Renting
84.9%
Owner-Occupied
15.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
16.8%
of renters spending 30%+ of income on housing
46% below US avg (31.0%)
Homeownership Rate
84.9%
Complete Housing Data
Home Values
| Census Median Value | $472,000 |
Rent
| Census Median Rent | $980 |
Market
Ownership & Stock
| Owner-Occupied | 84.9% |
| Renter-Occupied | 15.1% |
| Homeownership Rate | 84.9% |
| Total Housing Units | 1,490 |
| Rent Burden | 16.8% |