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Surrey, BC

Full City Profile · British Columbia

2.4 /5.0
C Fair
568,322 Population 4,657/sq mi density
$98,000 Median Income $45,280 per capita
$1,000,000 Home Value
$1,300 Median Rent 26.1% income on rent
50°F Avg Temperature 222 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$98,000 median income, 8.6% unemployment
F
Affordability
1.0 / 5.0
$1,000,000 home value, $1,300/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.4 / 5.0
17.5% bachelor's degree or higher

Housing Overview

Median Home Value
$1,000,000
255% above
US avg: $281,900
Median Rent
$1,300/mo
12% above
US avg: $1,163/mo
Homeownership Rate
69.5%
6% above US avg (65.4%)
Total Housing Units
185,670

Ownership vs. Renting

69.5%
Owner-Occupied
30.5%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Homeownership Rate
69.5%

Complete Housing Data

Home Values

Census Median Value$1,000,000

Rent

Census Median Rent$1,300

Market

Ownership & Stock

Owner-Occupied69.5%
Renter-Occupied30.5%
Homeownership Rate69.5%
Total Housing Units185,670
Rent Burden26.1%