Lake Cowichan, BC Demographics

There are 3,325 residents in Lake Cowichan, BC, with an average age of 47.8. Males make up 49.2% of the population, while females account for 50.8%. Locals over 65 years old represent the largest age group in Lake Cowichan, BC (945 individuals), followed by those aged 55 to 64 (600 people).

A total of 650 people in Lake Cowichan, BC have never been married (which represents 22.4% of the population). Wedded people in Lake Cowichan, BC (1,335 locals) account for 46% of the resident pool. Meanwhile, approximately 14.3% of locals live common law (that’s a total of 415 people).

Lake Cowichan, BC has an unemployment rate of 9%. Regarding the most common jobs in Lake Cowichan, BC, people working in Sales and service account for the largest share of the local workforce (455 individuals), followed by those in Trades and transport (295 individuals) and Business, finance and administration (175 individuals).

The majority of Lake Cowichan, BC residents (that’s 98.6%) speak English.

The median household income in Lake Cowichan, BC is $68,000, while the median after-tax household income sits at $62,400 per year.

There is a total of 1,495 households in Lake Cowichan, BC, 85% of which are owner-occupied and 15% of which have renters living in them. Meanwhile, the average household size in Lake Cowichan, BC is 2.2 people. Of the total households here, those with 2 people living in them account for the largest share of the market (650 households), followed by establishments occupied by 1 person (420 households). Moreover, families whose primary maintainer is over 65 years old represent the largest percentage of the total households in Lake Cowichan, BC, at 39.5%.

Single-detached houses account for 78.2% of the residential buildings in Lake Cowichan, BC. Apartments make up of the Lake Cowichan, BC housing market. Meanwhile, the median home value here is $472,000 and the average figure sits at $530,000. Of all the properties in Lake Cowichan, BC, 3 bedrooms units include 615 (the highest share) and 2 bedrooms units have 395 (second-highest share). Regarding year of construction, properties built between 1991 and 2000 and between 1946 and 1960 hold the highest counts, at 330 and 275, respectively. Notably, when it comes to the condition of these homes, most of them require regular maintenance (66.2%) and minor repairs (27.4%).

Approximately 33.8% of the population in Lake Cowichan, BC has a high school diploma (that’s 975 residents). Lake Cowichan, BC locals holding a college diploma (660 people) account for 22.9% of the resident pool. Additionally, 10.4% of them hold a university degree (300 people).

Most employed people in Lake Cowichan, BC (360 individuals) travel less than 15 min to get to work, followed by those who commute 30 to 44 min (295 individuals). All in all, the average commute time in Lake Cowichan, BC is 26 min. The preferred commuting mode here is by car, truck or van and most employed Lake Cowichan, BC locals commute to another municipality within the same province to get to work.