Is Port Moody a Good Place to Live?
Based on current data, Port Moody receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Port Moody offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Port Moody is $115,000, which is significantly higher than the national average — 53% above $75,149. This places Port Moody among higher-income communities. The unemployment rate of 7.2% is somewhat elevated compared to the national rate of 3.6%. Only 7.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 33 minutes.
Cost of Living & Housing
The median home value in Port Moody is $1,000,000, making it a premium housing market at 255% above the U.S. median of $281,900. Renters pay a median of $1,700 per month, significantly above the national average of $1,163. With a home price-to-income ratio of 8.7x, housing affordability is a significant challenge for many families.
Education
25.2% of residents hold a bachelor's degree, below the national average of 33.7%. 24.1% have completed high school.
Climate & Weather
Port Moody experiences four distinct seasons with an average temperature of 51°F. Winters average 38°F in January while summers reach 67°F in July. Annual precipitation totals 70.4 inches, including 35.2 inches of snow.