10542 125b St, Surrey, BC, MLS^® R3042520

Welcome to the vibrant neighborhood of 10542 125b Street in Surrey, BC! As a local realtor, I'm excited to share with you the unique characteristics of this community, which I've come to know and love over the years.

Let's start with the schools. Prince Charles Elementary School, located just 1.12 km from this stunning property with MLS listing R3042520, is a well-regarded institution in the area. With a rating of 3/10, families appreciate the school's commitment to providing a solid education. Plus, its proximity to the property makes it an ideal option for families with young children.

Just down the road, L A Matheson Secondary School boasts a rating of No Rating, and is located 2.21 km from this home for sale. While it may not have a numerical rating, the school is still a great option for students looking for a comprehensive education.

For those seeking an alternative to traditional public schools, Khalsa School (Surrey) is the closest Elementary independent school, located just 0.4 km from this property. With a rating of No Rating, it's an excellent choice for families seeking a more specialized education.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a crime rate of 7,512.73, which is Average compared to other Canadian cities. To put this into perspective, the year-over-year change in the total crime rate is a remarkable -12.05%. While there were 44,976 reported incidents in 2020, this number is actually below the national average.

Regarding specific types of crime, the drug crime rate near this property with MLS listing R3042520 is Above Average, with a rating of 390.7. There were 2,339 reported incidents in 2020, and the year-over-year change in the illegal substances offences ranking is 16.32%. On the other hand, property crimes in the neighborhood are Average, with a rating of 3,746.17 and 22,427 reported incidents in 2020.

Violent crime rates are also worth noting. With 7,844 reported incidents in 2020, the rate of 1,310.25 is Below Average compared to other BC municipalities. The year-over-year change in the violent crime rate is -11.37%.

As for transportation, the closest Bus station is Southbound 128 St @ 106 Ave, which is just 0.42 km away from this property with MLS listing R3042520. With a range of transportation options available, you'll have easy access to the surrounding area.

Now, let's take a look at the demographics of this neighborhood. With 14.3% of the population holding a university certificate or degree, this is Below Average compared to other BC neighborhoods. Conversely, 25% of the population in this area have no certificate or degree, which is Above Average compared to the average in BC.

In terms of income, the median household income near this property with MLS listing R3042520 is $70,016, which is Average compared to the British Columbia average. The median personal income in the area is $25,659, which is Low compared to the BC average. Interestingly, 66.8% of households in this census subdivision have a mortgage, which is Above Average.

Unemployment rates in the area around this property with MLS listing R3042520 are Average, at 7.5%. This is comparable to other province neighborhoods.

This neighborhood has experienced a significant population growth between 2011 and 2016, with a 11.1% increase. This is High compared to average growth rates in the region.

With a population density of 3,195.4 people per square kilometer, this community is Above Average in terms of population density. Average family sizes in the area are 3.1, which is Above Average compared to the whole region.

Interestingly, 71.3% of families in the area have children, which is High. However, 54.3% of the population are married or living common law, which is Below Average.

The average age of the population in this neighborhood is 38.9 years old, which is Below Average compared to other BC cities.

Now, let's talk about housing. The average value of dwellings in this neighborhood is $739,487, which is High compared to other areas in British Columbia.

Average owner payments in the area are High, with homeowners spending an average of $1,575 per month. Tenants, on the other hand, are paying an average of $940 per month, which is Average compared to other cities.

A notable 41.7% of the population in this neighborhood are renters, which is Above Average compared to other BC cities and areas.

Language-wise, 3.9% of the