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Montrose, BC
Full City Profile · British Columbia
3.3
/5.0
B
Good
1,013
Population
1,795/sq mi density
$94,000
Median Income
$51,500 per capita
$376,000
Home Value
$1,072
Median Rent
5.8% income on rent
45°F
Avg Temperature
283 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$94,000 median income, 4.4% unemployment
A
Affordability
4.4 / 5.0
$376,000 home value, $1,072/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher
Housing Overview
Median Home Value
$376,000
33% above
US avg: $281,900
Median Rent
$1,072/mo
8% below
US avg: $1,163/mo
Homeownership Rate
94.2%
44% above US avg (65.4%)
Total Housing Units
430
Ownership vs. Renting
94.2%
Owner-Occupied
4.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
5.8%
of renters spending 30%+ of income on housing
81% below US avg (31.0%)
Homeownership Rate
94.2%
Complete Housing Data
Home Values
| Census Median Value | $376,000 |
Rent
| Census Median Rent | $1,072 |
Market
Ownership & Stock
| Owner-Occupied | 94.2% |
| Renter-Occupied | 4.7% |
| Homeownership Rate | 94.2% |
| Total Housing Units | 430 |
| Rent Burden | 5.8% |