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Nanaimo G, BC

Full City Profile · British Columbia

2.4 /5.0
C Fair
8,109 Population 426/sq mi density
$85,000 Median Income $52,150 per capita
$750,000 Home Value
$1,410 Median Rent 15.1% income on rent
49°F Avg Temperature 246 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$85,000 median income, 9.6% unemployment
D
Affordability
1.7 / 5.0
$750,000 home value, $1,410/mo rent
C+
Safety
2.5 / 5.0
D
Education
2.0 / 5.0
12.2% bachelor's degree or higher

Housing Overview

Median Home Value
$750,000
166% above
US avg: $281,900
Median Rent
$1,410/mo
21% above
US avg: $1,163/mo
Homeownership Rate
90.8%
39% above US avg (65.4%)
Total Housing Units
3,575

Ownership vs. Renting

90.8%
Owner-Occupied
9.4%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
15.1%
of renters spending 30%+ of income on housing
51% below US avg (31.0%)
Homeownership Rate
90.8%

Complete Housing Data

Home Values

Census Median Value$750,000

Rent

Census Median Rent$1,410

Market

Ownership & Stock

Owner-Occupied90.8%
Renter-Occupied9.4%
Homeownership Rate90.8%
Total Housing Units3,575
Rent Burden15.1%