Metro Vancouver Housing Data Book

Excerpt from Metro Vancouver Housing Data Book

Annual Median Income 2006 Census

Description

  • Housing affordability is a measure of housing costs as well as a household’s ability to meet these costs. The median household income can be used as a measure for determining a household’s ability to find housing in their community at a price that they can afford.
  • In moving forward on the strategies and actions proposed in the Regional Affordable Housing Strategy and the Regional Growth Strategy, different income categories or income thresholds are defined. This includes households with low income, low to moderate incomes, moderate incomes and above moderate.

Key Findings

  • The regional median household income was $55,231 based on the 2006 Census.
  • Households with low incomes have annual incomes below 50% of the median household income for the region ($27,600).
  • Households with low to moderate incomes have annual incomes between 50% ‐ 80% of median income for the region ($27,600 ‐ $44,200)
  • Households with moderate incomes have annual incomes between 80% ‐ 120% of median income for the region ($44,200 ‐ $66,300)
  • Households with above moderate incomes have annual incomes above 120% of the median household income for the region ($66,300+).

 Download the Complete Metro Vancouver Housing Data Book

Speak Your Mind

*