Colwood, BC Demographics

There are 18,965 residents in Colwood, BC, with an average age of 42.3. Males make up 49.3% of the population, while females account for 50.7%. Locals over 65 years old represent the largest age group in Colwood, BC (3,655 individuals), followed by those aged under 14 (3,150 people).

A total of 3,620 people in Colwood, BC have never been married (which represents 22.9% of the population). Wedded people in Colwood, BC (8,170 locals) account for 51.7% of the resident pool. Meanwhile, approximately 11.5% of locals live common law (that’s a total of 1,815 people).

Colwood, BC has an unemployment rate of 5.1%. Regarding the most common jobs in Colwood, BC, people working in Sales and service account for the largest share of the local workforce (2,515 individuals), followed by those in Education, law, community and government services (1,750 individuals) and Trades and transport (1,750 individuals).

The majority of Colwood, BC residents (that’s 97.3%) speak English.

The median household income in Colwood, BC is $102,000, while the median after-tax household income sits at $89,000 per year.

There is a total of 7,435 households in Colwood, BC, 73.4% of which are owner-occupied and 26.6% of which have renters living in them. Meanwhile, the average household size in Colwood, BC is 2.5 people. Of the total households here, those with 2 people living in them account for the largest share of the market (2,790 households), followed by establishments occupied by 1 person (1,620 households). Moreover, families whose primary maintainer is over 65 years old represent the largest percentage of the total households in Colwood, BC, at 28.3%.

Single-detached houses account for 49.3% of the residential buildings in Colwood, BC. Apartments make up 2.5% of the Colwood, BC housing market. Meanwhile, the median home value here is $800,000 and the average figure sits at $823,000. Of all the properties in Colwood, BC, 3 bedrooms units include 3,005 (the highest share) and 4 or more bedrooms units have 2,455 (second-highest share). Regarding year of construction, properties built between 1971 and 1980 and after 2011 hold the highest counts, at 1,435 and 1,315, respectively. Notably, when it comes to the condition of these homes, most of them require regular maintenance (73.7%) and minor repairs (21.8%).

Approximately 34.1% of the population in Colwood, BC has a high school diploma (that’s 5,330 residents). Colwood, BC locals holding a college diploma (3,260 people) account for 20.8% of the resident pool. Additionally, 21.2% of them hold a university degree (3,310 people).

Most employed people in Colwood, BC (3,000 individuals) travel 15 to 29 min to get to work, followed by those who commute less than 15 min (2,215 individuals). All in all, the average commute time in Colwood, BC is 22 min. The preferred commuting mode here is by car, truck or van and most employed Colwood, BC locals commute to another municipality within the same province to get to work.