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Vernon, BC
Full City Profile · British Columbia
2.6
/5.0
C+
Fair
44,519
Population
1,196/sq mi density
$73,500
Median Income
$47,000 per capita
$524,000
Home Value
$1,170
Median Rent
24.4% income on rent
50°F
Avg Temperature
300 sunny days/yr
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$73,500 median income, 8.2% unemployment
C+
Affordability
2.6 / 5.0
$524,000 home value, $1,170/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.4% bachelor's degree or higher
Housing Overview
Median Home Value
$524,000
86% above
US avg: $281,900
Median Rent
$1,170/mo
1% above
US avg: $1,163/mo
Homeownership Rate
66.0%
1% above US avg (65.4%)
Total Housing Units
19,790
Ownership vs. Renting
66.0%
Owner-Occupied
34.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Homeownership Rate
66.0%
Complete Housing Data
Home Values
| Census Median Value | $524,000 |
Rent
| Census Median Rent | $1,170 |
Market
Ownership & Stock
| Owner-Occupied | 66.0% |
| Renter-Occupied | 34.0% |
| Homeownership Rate | 66.0% |
| Total Housing Units | 19,790 |
| Rent Burden | 24.4% |