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Salmon Arm, BC
Full City Profile · British Columbia
2.7
/5.0
C+
Fair
19,432
Population
324/sq mi density
$75,000
Median Income
$48,200 per capita
$500,000
Home Value
$1,010
Median Rent
18.1% income on rent
50°F
Avg Temperature
249 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$75,000 median income, 7.9% unemployment
C+
Affordability
2.9 / 5.0
$500,000 home value, $1,010/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.0 / 5.0
12.7% bachelor's degree or higher
Housing Overview
Median Home Value
$500,000
77% above
US avg: $281,900
Median Rent
$1,010/mo
13% below
US avg: $1,163/mo
Homeownership Rate
77.7%
19% above US avg (65.4%)
Total Housing Units
8,105
Ownership vs. Renting
77.7%
Owner-Occupied
22.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
18.1%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Homeownership Rate
77.7%
Complete Housing Data
Home Values
| Census Median Value | $500,000 |
Rent
| Census Median Rent | $1,010 |
Market
Ownership & Stock
| Owner-Occupied | 77.7% |
| Renter-Occupied | 22.3% |
| Homeownership Rate | 77.7% |
| Total Housing Units | 8,105 |
| Rent Burden | 18.1% |