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Sparwood, BC
Full City Profile · British Columbia
3.3
/5.0
B
Good
4,148
Population
56/sq mi density
$112,000
Median Income
$68,400 per capita
$332,000
Home Value
$1,000
Median Rent
11.0% income on rent
36°F
Avg Temperature
286 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$112,000 median income, 7.1% unemployment
A+
Affordability
5.0 / 5.0
$332,000 home value, $1,000/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.2% bachelor's degree or higher
Housing Overview
Median Home Value
$332,000
18% above
US avg: $281,900
Median Rent
$1,000/mo
14% below
US avg: $1,163/mo
Homeownership Rate
71.6%
10% above US avg (65.4%)
Total Housing Units
1,815
Ownership vs. Renting
71.6%
Owner-Occupied
28.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
11.0%
of renters spending 30%+ of income on housing
64% below US avg (31.0%)
Homeownership Rate
71.6%
Complete Housing Data
Home Values
| Census Median Value | $332,000 |
Rent
| Census Median Rent | $1,000 |
Market
Ownership & Stock
| Owner-Occupied | 71.6% |
| Renter-Occupied | 28.4% |
| Homeownership Rate | 71.6% |
| Total Housing Units | 1,815 |
| Rent Burden | 11.0% |