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Nanaimo H, BC

Full City Profile · British Columbia

2.0 /5.0
C Fair
4,291 Population 40/sq mi density
$68,500 Median Income $44,760 per capita
$700,000 Home Value
$850 Median Rent 21.2% income on rent
49°F Avg Temperature 246 sunny days/yr
C
Overall
2.0 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$68,500 median income, 12.5% unemployment
F
Affordability
1.0 / 5.0
$700,000 home value, $850/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher

Housing Overview

Median Home Value
$700,000
148% above
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
86.0%
31% above US avg (65.4%)
Total Housing Units
2,000

Ownership vs. Renting

86.0%
Owner-Occupied
14.3%
Renter-Occupied
86%
14%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
21.2%
of renters spending 30%+ of income on housing
32% below US avg (31.0%)
Homeownership Rate
86.0%

Complete Housing Data

Home Values

Census Median Value$700,000

Rent

Census Median Rent$850

Market

Ownership & Stock

Owner-Occupied86.0%
Renter-Occupied14.3%
Homeownership Rate86.0%
Total Housing Units2,000
Rent Burden21.2%