327 8497 Young Rd, Chilliwack, BC, MLS® R3044017

As we step into the vibrant community surrounding 327 8497 Young Road, Chilliwack, BC, I'd like to highlight the excellent educational options available to families. The closest elementary independent school, Cascade Christian School, boasts a rating of No Rating, located just 0.57 km from this stunning home for sale (MLS® R3044017). This school offers a nurturing environment that families love, and its proximity ensures that your little ones can easily access quality education.

For secondary education, Highroad Academy, rated 7/10, is just 1.63 km away. This school's commitment to academic excellence and character development will give your teenager a solid foundation for their future.

Now, let's talk about the convenience of getting around this charming neighborhood. The Young Rd at Hocking Ave (SB) bus station is merely 0.16 km away from this beautiful property (MLS® R3044017), making it an ideal location for those who want to be connected to public transportation.

Demographically, this area is quite unique. According to Statistics Canada's 2020 report, 4.1% of the population holds a university certificate or degree, which is relatively low compared to other BC neighborhoods. Conversely, 35.6% of the population has no certificate or degree, making it a High percentage compared to the average in BC.

Median household income in this area is $42,304, which is Low compared to the British Columbia average. Median personal income is even lower at $25,440, indicating that this community may have a higher percentage of lower-income households. However, it's worth noting that 25.8% of households in this census subdivision have a mortgage, which is Low compared to other areas.

Unemployment rates in the area surrounding MLS® R3044017 are concerning, standing at 21.1%, which is High compared to other province neighborhoods. This may indicate that job opportunities are limited, or the local economy is heavily reliant on a few industries.

As we explore this community, you'll notice the population change between 2011 and 2016 was -0.5%, which is below average compared to the growth rate of this region. The population density per square kilometer is 294.6, which is below average, indicating that this area may be relatively less crowded compared to other parts of BC.

The average family size in this area is 2.2, which is low compared to the whole region. Families with children make up 18.2% of the population, and married or living common-law couples account for 37.5%, both of which are Low percentages.

One notable aspect of this community is the average age of the population, which is 68.7, making it High compared to other BC cities. This may indicate a higher percentage of retirees or seniors in the area.

In terms of real estate, the average value of dwellings in this neighborhood is $261,493, which is below average compared to other areas in British Columbia. The average owner payments are Low, with homeowners spending $811 on average for their dwellings. Tenants, on the other hand, pay an average of $954 per month, which is Average compared to other cities.

Approximately 25.6% of the population in this area are renters, which is Average compared to other BC cities and areas.

Language-wise, 97.3% of the population speaks only English, which is High compared to other communities. Meanwhile, 2.7% speak neither English nor French, which is Low.

Transportation-wise, 92.3% of the population uses cars to get around, while 0% rely on public transportation. This is Above Average compared to other areas.

As we conclude our tour of 327 8497 Young Road, Chilliwack, BC (MLS® R3044017), I hope you've gained a deeper understanding of this unique community. From its excellent educational options to its convenient location, this area offers a lot to prospective buyers.