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Nanaimo Town 1, BC
Full City Profile · British Columbia
2.3
/5.0
C
Fair
386
Population
4,952/sq mi density
$70,000
Median Income
$26,800 per capita
$560,468
Home Value
$1,072
Median Rent
27.6% 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
B
Economy
3.1 / 5.0
$70,000 median income, 8.3% unemployment
C
Affordability
2.1 / 5.0
$560,468 home value, $1,072/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.4% bachelor's degree or higher
Housing Overview
Median Home Value
$560,468
99% above
US avg: $281,900
Median Rent
$1,072/mo
8% below
US avg: $1,163/mo
Homeownership Rate
26.1%
60% below US avg (65.4%)
Total Housing Units
115
Ownership vs. Renting
26.1%
Owner-Occupied
8.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Homeownership Rate
26.1%
Complete Housing Data
Home Values
| Census Median Value | $560,468 |
Rent
| Census Median Rent | $1,072 |
Market
Ownership & Stock
| Owner-Occupied | 26.1% |
| Renter-Occupied | 8.7% |
| Homeownership Rate | 26.1% |
| Total Housing Units | 115 |
| Rent Burden | 27.6% |