More money, more people in Abbotsford-Mission

Census shows influx of wealthy residents

  • Sep. 17, 2017 7:30 a.m.

There has been a steep rise in the number of wealthy people in the central Fraser Valley over the last decade.

The number of households with income totalling $200,000 and over rose 76 per cent, from 1,850 to 3,265 ,between 2005 and 2015 in the Abbotsford-Mission census area, according to Statistics Canada data released Wednesday.

Households making between $100,000 and $200,000 in inflation-adjusted 2015 dollars totaled 20,645 in 2015, up 41 per cent from 14,610 a decade before.

The number of lower income households saw much less dramatic changes, with the number of families pulling in $20,000 to $70,000 changing only marginally.

The median income in Abbotsford-Mission households, adjusted for inflation, was $73,598, compared to the provincial $69,995 and up 14.1 per cent from $64,521 in 2005.

Income in Mission was higher, and rose faster, than in Abbotsford proper.

In Mission, the median income was $78,159 and rose 16.5 per cent from 2005.

In Abbotsford, median income was $72,511 and rose 13.6 per cent from 2005.

Provincewide, incomes rose by 12.2 per cent between 2005 and 2015 by 12.2 per cent.

Across the Central Fraser Valley, the proportion of people designated as low-income fell slightly, from 13.4 per cent of residents in 2005 to 13 per cent in 2015.

Jumps to median income varied wildly throughout the province. Dawson Creek saw a 31.6-per-cent increase, while Quesnel, Port Alberni and Powell River saw rises of less than two per cent. Median incomes went up 11.2 per cent in Vancouver.

Just Posted

Rockslide closes Coquihalla northbound

Highway 5 is closed in both directions according to DriveBC

UPDATE: Wind warning has ended for Metro Vancouver

More than 34,000 BC Hydro customers in the dark on Sunday morning in the Lower Mainland and Sunshine Coast

Downtown Mission: Ready to revitalize

With the bidding process underway, construction could start by mid-March

Guilty plea issued in case where man, 86, was assaulted and robbed

Hughie Stump pleads guilty to break-and-enter in relation to Abbotsford incident

WIND WARNING: Metro Vancouver expecting 100 km/h gusts Saturday night

Environment Canada issues warns of possibly dangerous conditions

REPLAY: B.C. this week in video

In case you missed it, here’s a look at replay-worthy highlights from across the province this week

Philadelphia Eagles headed to Super Bowl

After routing the Minnesota Vikings 38-7, they will face Tom Brady and the New England Patriots

Heavy snowfall closes Mount Washington on Vancouver Island

Road to ski resort deemed unsafe, vehicles buried under more than three feet of snow

VIDEO: Dramatic video shows return of rescued B.C. snowboarders

Two snowboarders were rescued near Rossland, B.C. on Sunday after being lost overnight.

Tom Brady leads Patriots back to Super Bowl, top Jaguars 24-20

New England to face winner of Sunday night’s game between Minnesota and Philadelphia on Feb. 4

Coquihalla drivers prepare for snow

Wintry conditions persist, with snow warnings for Coquihalla

Liberals quietly tap experts to write new paternity leave rules

Ideas include creating an entirely new leave benefit similar to one that exists in Quebec

Insurers say Canadian weather getting hotter, wetter and weirder

Average number of days with heavy rain or snow across Canada has been outside norm since spring 2013

Final phase of MDMA-assisted psychotherapy trials to kick off in B.C.

Doctors hope to get psychedelic-assisted psychotherapy legalized in Canada and the U.S. by 2021

Most Read