Salt Spring Island CRD Housing Needs Assessment 2020
· Salt Spring Island · Reports & Publications · 2020
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Topics: Aquaculture & shellfish · Housing & affordability · First Nations & reconciliation · Transportation & ferries — our classification, not the Trust's.
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Capital Regional District Housing Needs Assessment November 2020 Salt Spring Island i i Salt Spring Island Housing Profile This profile summarizes the findings of the Salt Spring Island Electoral District Housing Needs Report which was completed as part of a joint Housing Needs Report project for 11 CRD communities. It fulfills the Housing Needs Reports requirements outlined in the Local Government Act, Part 14, Division 22. All data is this profile is from Statistics Canada unless otherwise indicated. Overview Salt Spring Island is a unique community within the CRD and one of three electoral areas within the region. With a population of more than 10,000 people, plus many tourists and seasonal residents, it is the largest, most populated, and most visited of BC’s Gulf Islands. Salt Spring has a rural character, with natural areas, agriculture, an artisan community, and an emphasis on health, wellness, and sustainability that appeals to residents and visitors alike. Population and Age The population of Salt Spring Island grew by 10% between 2006 and 2016, a similar rate of growth compared to the CRD as a whole. In 2016, the median age was 55.4, which was higher than the CRD at 45.5. There was a smaller proportion of youth and young adults and a larger proportion of those aged 55 or older living on the Island in 2016. Projections suggest Salt Spring Island could experience more rapid population growth in the future, primarily driven by growth of the senior population. Households There were 4,840 households in 2016 with an average household size of 2.1 persons, which is slightly smaller than the regional average of 2.2 persons per household. Compared to the CRD, there are a higher proportion of two-person households living on Salt Spring Island, primarily couples without children. This is commonly seen in communities with a higher median age, as many households are typically older adults whose children have left home. Income The 2015 median income on Salt Spring Island was $57,761, which was approximately 17% lower than the CRD median income. Salt Spring Island has sharp income differences among different demographic groups. In 2016, median renter household incomes were less than half that of owner incomes ($33,008 versus $67,044). Renter household incomes decreased 9% between the 2006 and 2016 censuses, while owner households increased by 7.5%. Lone parent and non-census family households reported much lower incomes compared to other household types and compared to regional averages; for example, male lone parent households reported incomes that were 42% lower compared to the regional average for that household type. ii Capital Regional District Housing Needs Report | Salt Spring Island Stakeholders suggested that Salt Spring Island is known to have a robust cannabis industry, which likely employs a large proportion of the population, but would not be captured in census
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