Richmond, BC
Full City Profile · British Columbia
2.4
/5.0
C
Fair
209,937
Population
4,219/sq mi density
$79,000
Median Income
$44,040 per capita
$990,000
Home Value
$1,640
Median Rent
34.9% income on rent
50°F
Avg Temperature
233 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$79,000 median income, 10.8% unemployment
F
Affordability
1.0 / 5.0
$990,000 home value, $1,640/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.1 / 5.0
25.9% bachelor's degree or higher
Housing Overview
Median Home Value
$990,000
251% above
US avg: $281,900
Median Rent
$1,640/mo
41% above
US avg: $1,163/mo
Homeownership Rate
71.3%
9% above US avg (65.4%)
Total Housing Units
81,080
Ownership vs. Renting
71.3%
Owner-Occupied
28.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
34.9%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Homeownership Rate
71.3%
Complete Housing Data
Home Values
| Census Median Value | $990,000 |
Rent
| Census Median Rent | $1,640 |
Market
Ownership & Stock
| Owner-Occupied | 71.3% |
| Renter-Occupied | 28.7% |
| Homeownership Rate | 71.3% |
| Total Housing Units | 81,080 |
| Rent Burden | 34.9% |
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