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Nanaimo B, BC

Full City Profile · British Columbia

2.3 /5.0
C Fair
4,500 Population 201/sq mi density
$60,400 Median Income $45,040 per capita
$576,000 Home Value
$930 Median Rent 15.3% income on rent
49°F Avg Temperature 246 sunny days/yr
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$60,400 median income, 8.2% unemployment
F
Affordability
1.3 / 5.0
$576,000 home value, $930/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.6 / 5.0
20.3% bachelor's degree or higher

Housing Overview

Median Home Value
$576,000
104% above
US avg: $281,900
Median Rent
$930/mo
20% below
US avg: $1,163/mo
Homeownership Rate
88.6%
36% above US avg (65.4%)
Total Housing Units
2,375

Ownership vs. Renting

88.6%
Owner-Occupied
11.4%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
15.3%
of renters spending 30%+ of income on housing
51% below US avg (31.0%)
Homeownership Rate
88.6%

Complete Housing Data

Home Values

Census Median Value$576,000

Rent

Census Median Rent$930

Market

Ownership & Stock

Owner-Occupied88.6%
Renter-Occupied11.4%
Homeownership Rate88.6%
Total Housing Units2,375
Rent Burden15.3%