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Parksville, BC
Full City Profile · British Columbia
2.3
/5.0
C
Fair
13,642
Population
2,433/sq mi density
$66,500
Median Income
$43,360 per capita
$600,000
Home Value
$1,300
Median Rent
22.6% income on rent
51°F
Avg Temperature
228 sunny days/yr
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$66,500 median income, 6.8% unemployment
D
Affordability
1.6 / 5.0
$600,000 home value, $1,300/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.9% bachelor's degree or higher
Housing Overview
Median Home Value
$600,000
113% above
US avg: $281,900
Median Rent
$1,300/mo
12% above
US avg: $1,163/mo
Homeownership Rate
73.0%
12% above US avg (65.4%)
Total Housing Units
6,750
Ownership vs. Renting
73.0%
Owner-Occupied
27.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
22.6%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Homeownership Rate
73.0%
Complete Housing Data
Home Values
| Census Median Value | $600,000 |
Rent
| Census Median Rent | $1,300 |
Market
Ownership & Stock
| Owner-Occupied | 73.0% |
| Renter-Occupied | 27.0% |
| Homeownership Rate | 73.0% |
| Total Housing Units | 6,750 |
| Rent Burden | 22.6% |