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New Westminster, BC
Full City Profile · British Columbia
2.7
/5.0
C+
Fair
78,916
Population
13,086/sq mi density
$82,000
Median Income
$52,450 per capita
$700,000
Home Value
$1,350
Median Rent
29.5% income on rent
50°F
Avg Temperature
191 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$82,000 median income, 8.3% unemployment
D
Affordability
1.8 / 5.0
$700,000 home value, $1,350/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.9 / 5.0
23.2% bachelor's degree or higher
Housing Overview
Median Home Value
$700,000
148% above
US avg: $281,900
Median Rent
$1,350/mo
16% above
US avg: $1,163/mo
Homeownership Rate
54.7%
16% below US avg (65.4%)
Total Housing Units
36,100
Ownership vs. Renting
54.7%
Owner-Occupied
45.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Homeownership Rate
54.7%
Complete Housing Data
Home Values
| Census Median Value | $700,000 |
Rent
| Census Median Rent | $1,350 |
Market
Ownership & Stock
| Owner-Occupied | 54.7% |
| Renter-Occupied | 45.3% |
| Homeownership Rate | 54.7% |
| Total Housing Units | 36,100 |
| Rent Burden | 29.5% |