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Nanaimo, BC
Full City Profile · British Columbia
2.5
/5.0
C+
Fair
99,863
Population
2,860/sq mi density
$75,500
Median Income
$46,600 per capita
$600,000
Home Value
$1,250
Median Rent
24.4% income on rent
51°F
Avg Temperature
246 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$75,500 median income, 8.4% unemployment
C
Affordability
2.2 / 5.0
$600,000 home value, $1,250/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher
Housing Overview
Median Home Value
$600,000
113% above
US avg: $281,900
Median Rent
$1,250/mo
7% above
US avg: $1,163/mo
Homeownership Rate
66.7%
2% above US avg (65.4%)
Total Housing Units
43,165
Ownership vs. Renting
66.7%
Owner-Occupied
33.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Homeownership Rate
66.7%
Complete Housing Data
Home Values
| Census Median Value | $600,000 |
Rent
| Census Median Rent | $1,250 |
Market
Ownership & Stock
| Owner-Occupied | 66.7% |
| Renter-Occupied | 33.3% |
| Homeownership Rate | 66.7% |
| Total Housing Units | 43,165 |
| Rent Burden | 24.4% |