51102 Farmers Way, Chilliwack, BC, MLS^® R3053723

Welcome to this stunning home in the heart of Chilliwack, British Columbia, located at 51102 Farmers Way, MLS^® R3053723. As your trusted realtor, I'm excited to share with you the best of this community, from top-rated schools to exceptional lifestyle amenities.

Let's start with the schools. Just a short 0.88 km stroll from this beautiful home, you'll find Unity Christian School, a highly-rated Elementary independent school with a 7.8/10 rating. The same school is also the closest Secondary independent school, with a 7.8/10 rating. Families love this area because of its strong educational foundation and safe environment.

Now, let's talk about transportation. The closest bus station, Yale at McGrath (EB), is just 3.6 km away from this listing with MLS^® R3053723, making it an ideal location for commuters. According to Statistics Canada's 2020 report, British Columbia's transportation network is one of the most extensive in Canada, and this area offers easy access to major highways and public transportation.

When it comes to demographics, this community is thriving. With 17.8% of people holding a university certificate or degree, this neighbourhood is above average compared to other BC neighbourhoods. However, 12.7% of the population has no certificate or degree, which is below average compared to the rest of British Columbia. This diversity creates a unique and dynamic community that values education and personal growth.

The median household income in this area is a staggering $100,901, which is high compared to the British Columbia average. Additionally, the median personal income is $40,464, also above average for the province. This indicates a strong and stable economy, with many residents enjoying a comfortable standard of living. According to the 2016 Census, 71.2% of households in this area have a mortgage, which is also high compared to other neighbourhoods.

Unemployment rates in this area are low, at 4.2%, which is a testament to the community's economic resilience. This is particularly impressive considering the current economic climate in British Columbia.

As we explore this community further, we see that the population has grown significantly between 2011 and 2016, with a notable increase of 35.7%. This is higher than the average growth rate in this region, indicating a thriving and expanding community. With a population density of 59.7 people per square kilometre, this area remains relatively low-density, offering a peaceful and serene atmosphere.

Families are a staple in this community, with an average family size of 3.1, which is above average compared to other regions. However, the percentage of families with children is average, at 55.7%. The majority of residents, 72.8%, are married or living in common-law relationships, which is high compared to other areas.

The average age of the population in this area is 37.5 years old, which is below average compared to other BC cities. This suggests a vibrant and youthful community, with many young families and individuals calling this area home.

In terms of real estate, the average value of dwellings in this neighbourhood is a significant $682,346, which is high compared to other areas in British Columbia. This indicates a strong and desirable housing market, with many residents enjoying a high standard of living.

As for costs, average owner payments are high, with homeowners spending $1,703 per month on their dwellings. Meanwhile, tenants are paying $1,646 per month, which is also high compared to other cities.

Interestingly, 14.2% of the population in this area are renters, which is below average compared to other BC cities and areas. This suggests a strong ownership culture, with many residents investing in their own homes.

Language diversity is also an aspect of this community. While 4.6% of the population speaks English and French, 95.1% speak only English, which is above average. The percentage of neither English nor French speakers is low, at 0.3%.

When it comes to transportation, 1.1% of the population uses public transport, which is low compared to other areas. However, 97% of residents use cars, which is high. Interestingly, no one in this area uses bicycles as a primary mode of transportation, and 1.1% walk, which is also low.

As your trusted realtor, I'm excited to help you navigate this vibrant and thriving community, located at 51102 Farmers Way, Chilliwack, BC, MLS^® R3053723.