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Tofino, BC

Full City Profile · British Columbia

2.4 /5.0
C Fair
2,516 Population 617/sq mi density
$85,000 Median Income $50,160 per capita
$950,000 Home Value
$1,220 Median Rent 21.7% income on rent
49°F Avg Temperature 140 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$85,000 median income, 12.0% unemployment
F
Affordability
1.0 / 5.0
$950,000 home value, $1,220/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.5 / 5.0
19.4% bachelor's degree or higher

Housing Overview

Median Home Value
$950,000
237% above
US avg: $281,900
Median Rent
$1,220/mo
5% above
US avg: $1,163/mo
Homeownership Rate
52.9%
19% below US avg (65.4%)
Total Housing Units
945

Ownership vs. Renting

52.9%
Owner-Occupied
47.1%
Renter-Occupied
53%
47%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
21.7%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Homeownership Rate
52.9%

Complete Housing Data

Home Values

Census Median Value$950,000

Rent

Census Median Rent$1,220

Market

Ownership & Stock

Owner-Occupied52.9%
Renter-Occupied47.1%
Homeownership Rate52.9%
Total Housing Units945
Rent Burden21.7%