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Terrace, BC

Full City Profile · British Columbia

3.1 /5.0
B Good
12,017 Population 543/sq mi density
$90,000 Median Income $52,400 per capita
$420,000 Home Value
$1,000 Median Rent 15.1% income on rent
47°F Avg Temperature 188 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$90,000 median income, 6.5% unemployment
A
Affordability
4.0 / 5.0
$420,000 home value, $1,000/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.7% bachelor's degree or higher

Terrace, BC

At a Glance

Median Income
$90,000
20% above
$52,400 per capita
Home Value
$420,000
49% above
Median Rent
$1,000/mo
14% below
15.1% of income on rent
Bachelor's Degree+
13.7%
59% below
29.8% high school+
Unemployment
6.5%
81% above
9.3% poverty rate
Avg Temperature
47°F
188 sunny days/yr

How Terrace Compares to the U.S. Average

Each bar shows Terrace's value as a percentage of the national average (100% = U.S. avg)

Income
120%
Home Value
149%
Rent
86%
Poverty
75%
Bachelor's
41%
Unemployment
181%
Thin vertical line = U.S. national average (100%)

Is Terrace a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Terrace residents earn a median household income of $90,000 , which is 20% above the national average of $75,149. Per capita income is $52,400. The unemployment rate stands at 6.5% (81% above the U.S. rate of 3.6%). 9.3% of residents live below the poverty line. The area is home to 373 business establishments.

Housing & Cost of Living

The median home value in Terrace is $420,000 , 49% above the national median of $281,900. Median rent is $1,000/month, with 15.1% of renters spending more than 30% of income on housing.

Education

13.7% of adults in Terrace hold a bachelor's degree or higher (59% below the national average). 29.8% have completed high school.

Climate & Weather

Terrace has an average annual temperature of 47°F (8°C). Winters average 34°F in January while summers reach 66°F in July. The area gets 188 sunny days per year. Annual precipitation totals 63.7 inches.

Data Overview

People

Population12,017
Median Age38.0 yrs
Density543/mi²
Male / Female50% / 50%

Economy

B+
Median Income$90,000
Per Capita$52,400
Unemployment6.5%
Poverty9.3%
Avg Weekly Wage$1,008

Housing

A
Home Value$420,000
Rent$1,000
Ownership70.1%
Housing Units4,875
Rent Burden15.1%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp47°F
Sunny Days188/yr
Rain63.7 in/yr
Elevation226 ft

Education

C
Bachelor's+13.7%
High School+29.8%
Graduate+5.3%

Community

Commute18 min