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Wells, BC

Full City Profile · British Columbia

3.1 /5.0
B Good
218 Population 4/sq mi density
$76,768 Median Income $46,858 per capita
$200,000 Home Value
$1,072 Median Rent 27.8% income on rent
35°F Avg Temperature 270 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$76,768 median income, 39.1% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $1,072/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher

Housing Overview

Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$1,072/mo
8% below
US avg: $1,163/mo
Homeownership Rate
71.4%
9% above US avg (65.4%)
Total Housing Units
105

Ownership vs. Renting

71.4%
Owner-Occupied
28.6%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Homeownership Rate
71.4%

Complete Housing Data

Home Values

Census Median Value$200,000

Rent

Census Median Rent$1,072

Market

Ownership & Stock

Owner-Occupied71.4%
Renter-Occupied28.6%
Homeownership Rate71.4%
Total Housing Units105
Rent Burden27.8%