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Salmo, BC
Full City Profile · British Columbia
2.4
/5.0
C
Fair
1,140
Population
1,208/sq mi density
$54,400
Median Income
$39,900 per capita
$340,000
Home Value
$770
Median Rent
19.5% income on rent
40°F
Avg Temperature
269 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$54,400 median income, 10.8% unemployment
B
Affordability
3.1 / 5.0
$340,000 home value, $770/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.4% bachelor's degree or higher
Housing Overview
Median Home Value
$340,000
21% above
US avg: $281,900
Median Rent
$770/mo
34% below
US avg: $1,163/mo
Homeownership Rate
71.1%
9% above US avg (65.4%)
Total Housing Units
570
Ownership vs. Renting
71.1%
Owner-Occupied
29.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Homeownership Rate
71.1%
Complete Housing Data
Home Values
| Census Median Value | $340,000 |
Rent
| Census Median Rent | $770 |
Market
Ownership & Stock
| Owner-Occupied | 71.1% |
| Renter-Occupied | 29.0% |
| Homeownership Rate | 71.1% |
| Total Housing Units | 570 |
| Rent Burden | 19.5% |