18044 40 Ave, Surrey, BC, MLS® R2996968

As we take a stroll through this beautiful neighborhood, you'll notice the presence of excellent schools, making it an ideal place for families to call home. Let's start with the educational institutions servicing this area. East Kensington Elementary School, located just 2.49 km from the property with listing MLS® R2996968, boasts no rating yet, but parents are sure to appreciate the excellent education their children will receive. East Kensington Elementary School is just the beginning, as this area is also serviced by Earl Marriott Secondary School, another renowned institution, situated 6.57 km from the property.

But what about independent schools? You'll be pleased to know that Diamond Elementary School, with its impressive rating of 10/10, is just 3.47 km away from this home for sale. And if you're looking for a secondary independent school, Relevant High School is also nearby, with a rating of no rating, located 3.47 km from the property.

Safety is a top priority in this neighborhood, and the latest crime data from Statistics Canada (2020) reveals a total of 44,976 disturbances in the area. With a crime rate of 7,512.73 per 100,000 population, this neighborhood ranks as Average compared to other Canadian cities. Moreover, the year-over-year change in the total crime rate is -12.05%, indicating a stable environment for families.

Now, let's take a look at the drug crime rate, which is Above Average compared to other neighborhoods, with a rating of 390.7. However, the year-over-year change in the illegal substances offenses ranking is 16.32%, indicating a positive trend.

Property crimes are also Average in this neighborhood, with a rating of 3,746.17. But what's reassuring is the year-over-year change in the property misconduct rate, which is -16.98%, showing a decline in property-related incidents.

In terms of violent lawbreaking disorders, the rate is Below Average, with 1,310.25 incidents per 100,000 population, and a year-over-year change of -11.37%, indicating a decrease in violent crimes.

Convenience is key in this neighborhood, and the Southbound 192 St @ 32 Ave bus station is just 2.81 km away from the property with listing MLS® R2996968, making it easy to get around without a car.

Now, let's dive into the demographics of this neighborhood. Education is a priority here, with 19.3% of the population holding a university certificate or degree, which is Average compared to other BC neighborhoods. However, 18% of the population has no certificate or degree, also Average compared to the average in BC.

Income is also a significant factor in this neighborhood, with a median household income of $98,240, which is High compared to the British Columbia average. Meanwhile, the median personal income is $33,493, which is Average compared to the BC average. Mortgage ownership is also high in this neighborhood, with 62.9% of households owning their homes, Above Average compared to other neighborhoods.

Unemployment is low in this area, with a rate of 3.9%, which is Low compared to other province neighborhoods.

Population growth has been significant in this neighborhood, with a change of 24.9% between 2011 and 2016, High compared to the average growth rate of this region. However, the population density per square kilometer is 103.5, Below Average compared to other neighborhoods.

Family dynamics are also worth mentioning, with an average family size of 3, Above Average compared to the whole region. Additionally, 58.7% of families have children, Average compared to other neighborhoods. Married or living common law couples make up 62.9% of the population, Above Average.

Age demographics show an average age of 42.4, Average compared to other BC cities.

Housing is a significant factor in this neighborhood, with an average value of dwellings at $1,263,162, High compared to other areas in British Columbia.

Owner payments are also High in this area, with an average of $2,020 spent by owners on their dwellings. Meanwhile, tenants are paying $1,140, Above Average compared to other cities.

Rental statistics show that 24.7% of the population are renters, Average compared to other BC cities and areas.

Language demographics reveal that 4.1% of the population speaks both English and French, Below Average, while 89.8% speak only English, Average. Meanwhile,