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Saltspring Island, BC
Full City Profile · British Columbia
2.4
/5.0
C
Fair
11,635
Population
165/sq mi density
$77,500
Median Income
$55,350 per capita
$800,000
Home Value
$1,050
Median Rent
24.6% income on rent
49°F
Avg Temperature
265 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$77,500 median income, 5.4% unemployment
F
Affordability
1.0 / 5.0
$800,000 home value, $1,050/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher
Housing Overview
Median Home Value
$800,000
184% above
US avg: $281,900
Median Rent
$1,050/mo
10% below
US avg: $1,163/mo
Homeownership Rate
81.5%
25% above US avg (65.4%)
Total Housing Units
5,120
Ownership vs. Renting
81.5%
Owner-Occupied
18.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Homeownership Rate
81.5%
Complete Housing Data
Home Values
| Census Median Value | $800,000 |
Rent
| Census Median Rent | $1,050 |
Market
Ownership & Stock
| Owner-Occupied | 81.5% |
| Renter-Occupied | 18.6% |
| Homeownership Rate | 81.5% |
| Total Housing Units | 5,120 |
| Rent Burden | 24.6% |