Central Okanagan population estimated at 235K, up 6K from 2021 – Okanagan | 24CA News
Think the Central Okanagan is busier than it was final yr? You’d be proper.
In 2022, the higher Kelowna space grew by an estimated 6,470 folks, giving the area an total inhabitants of 235,473.
That’s up 2.8 per cent from 229,003 in 2021 and an astounding 55,000 from 2011 when the space’s inhabitants was 179,839.
The Central Okanagan Economic Development Commission (COEDC) says the area grew an estimated 2.8 per cent from 2021 to 2022.
It added that the realm’s largest progress was in Lake Country, which grew 5.9 per cent from 2021 to 2022.
“By 2034, (the area’s) population is expected to grow to nearly 255,000, an increase of more than 36 per cent in 20 years,” reads a part of a provincial report on Central Okanagan transportation.
“Over the longer term (40-50 years), the population is expected to grow to 325,000.”
The William R. Bennett Bridge, which crosses Okanagan Lake and connects Kelowna and West Kelowna.
Global News
In associated news, Statistics Canada launched its month-to-month unemployment charges on Friday.
And, among the many nation’s largest cities, Kelowna had the nation’s lowest price for June at 2.9 per cent. Stats Canada says the nationwide common was 5.4 per cent for June. Vancouver was just under par at 5.1 per cent.
In May, Kelowna’s unemployment price was 3.1 per cent. Quebec City had the bottom price at 2.6 per cent whereas Vancouver was at 5.1 per cent.
The Central Okanagan’s labour drive grew an estimated 3.5 per cent from March 2022 to March 2023, with the area’s labour drive now at 116,667.
The area’s essential trade is well being care and social help, which employs 16,690 employees (14 per cent of the realm’s labour drive).
Not surprisingly, job postings additionally grew 6.6 per cent from Q1 in 2022 to Q1 in 2023. Sales and repair occupations had essentially the most postings (2,587), accounting for 31.5 per cent. Second was business, finance and administration at 16.0 per cent (1,317 postings).
Financially, the median family earnings is $85,000 (2021 Census), with the vary of $100,000 to $124,999 being the biggest bracket at just below 12 per cent. Households that made $200,000 or extra accounted for just below 10 per cent.
To view the COEDC’s financial indicators, click on right here. To view the COEDC’s knowledge portal, which has barely completely different stats, click on right here.
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