Denman Island Housing Affordability Profiles
· Denman Island · Reports & Publications · 2023
Original Trust document
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Topics: Housing & affordability — our classification, not the Trust's.
Extracted text (beginning)
Denman Island Housing Profile Population and Dwelling Characteristics2021 Census Total population1, 391 Population over 60+720 Population change 2016-2021+ 19.4% Total private dwellings881 Change in dwellings 2016-2021+ 5.5% Private dwellings occupied by full-time residents695 Private households655 Household couples with children One parent households Median income of individuals**$31,400 Median income of households of 2+**$77,500 Households spending 30% or more of total income on housing * 100 Households in housing that is unsuitable or in need of repair* 105 Households in core housing need***105 Renter Households Full-time households who rent*85 Median monthly shelter costs*$670 % tenants in subsidized housing*22.2% % tenants spending 30% or more on shelter*27.8% Owner Households Full-time households who own* 570 Median monthly shelter costs*$608 Median value of properties$645,000 Households that own 13% 87% Households that rent 90 55 79% Full-time Occupied Dwellings 52% Population of age 60+ 47% Households spending 30% + on housing, or are in unsuitable housing or in need of repair, or are in core housing need. * Based on 25% sample data (Census) ** Before tax income (Census) *** When a private household’s housing falls below at least one of the indicator thresholds for housing adequacy, affordability or suitability, and spends 30% or more of its total before-tax income to pay the median rent of alternative local housing that is acceptable (attains all three housing indicator thresholds) Source: https://www12.statcan.gc.ca/census-recensement/2021/dp-pd/prof/index.cfm?Lang=E For more information on the Trust Area: Statistics Canada 2021 Census Infographics https://islandstrust.bc.ca/programs/trend-monitoring/
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