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DEMOGRAPHICS
Population
Demographics are often invaluable sources of research for the
market analysis of new businesses and new product lines. The
central components of the North Okanagan population are outlined below. Full and
extensive detail of these demographic statistics can be found
at BC Stats. Statistics
Canada link to community profile search, and BC Stats North
Okanagan community fact sheets
.
Presented below are basic characteristics of population growth, age
distribution, gender, migration, family structures and income levels.
Click here to view more information on
population estimates.
While population growth in the Okanagan Region has slowed after several
years of strong gains, the overall population growth is expected to
continue throughout most of the projection period (ranging from 0.1% - 2.4%
annually throughout the 25-year period). Growth in population is predicted
to be primarily due to large net inflows of migrants.
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North
Okanagan Population Projections
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Year
|
Population
|
Year
|
Population
|
|
2000
|
76,973
|
2007
|
89,977
|
|
2001
|
78,441
|
2008
|
91,848
|
|
2002
|
80,327
|
2009
|
93,738
|
|
2003
|
82,281
|
2010
|
95,608
|
|
2004
|
84,249
|
2016
|
106,482
|
|
2005
|
86,194
|
2021
|
115,002
|
|
2006
|
88,103
|
2026
|
123,268
|
Source : BC Stats 2001 Census
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Age Distribution
The population of the Region appears to be slowly aging, however, the
percentage of individuals over 65 years of age is not rapidly increasing.
Rather, many older individuals are migrating to the area for work and
business opportunities. While there is still a desire to locate for
retirement reasons and young individuals continue migrate to larger urban
centres for educational opportunities, the overall benefits of an aging
population has resulted in a more experienced workforce.
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All Ages
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N. Okanagan
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% Distribution
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|
Male
|
Female
|
N. Okanagan
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B.C.
|
|
35,440
|
37,790
|
100.0
|
100.0
|
|
0 - 14
|
6,730
|
6,595
|
18.0
|
18.0
|
|
15 - 24
|
4,675
|
4,500
|
13.0
|
13.0
|
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25 - 44
|
8,805
|
9,675
|
25.0
|
30.0
|
|
45 - 64
|
9,415
|
10,040
|
27.0
|
25.0
|
|
65 +
|
5,815
|
6,980
|
17.0
|
14.0
|
2001 Census Profile of BC Census Subdivisions
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Regional Migration Components
Migration patterns for the Region
indicate that over the past ten years, the majority of migrants
(74% in 2002/03) came from other places within BC. In 2002/03
Inter-provincial migration accounted for 25% and international
migrants account for 1%. Intra-provincial migration to the North
Okanagan is a result of many factors but appears
especially due to the quality of lifestyle available in the
region and the introduction of the University to the region.
Individuals moving to the Region often represent professionals
wishing to establish businesses and careers in an area where
access to housing and lifestyle are key site selectors.
Click here to see more information on regional
migration components.
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Family Structure - North Okanagan
The North Okanagan is considered an ideal location to raise a family.
Exceptional schools, recreational opportunities, affordable housing and low
crime rates entice families to move into the region.
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Total
Census Families
|
21,495
|
|
No children at home
|
9,600
|
|
With children at home
|
11,895
|
|
Families with Children
|
|
|
Husband/wife
|
8,340
|
|
Single parents
|
3,555
|
|
Average
number of children
|
1.8
|
Source: 2001 BC Stats Regional District
Demographic Profile
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North
Okanagan Sources of Income
The North Okanagan has a diverse economy which caters to different
income-generating activities. By far, most individuals are involved in some
aspect of employment, however, there has been
considerable investment into small and medium enterprise (SME) development
as people discover the entrepreneurial support available for the SME
community.
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Sources of Income
|
|
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$ thousands
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% of Total
|
|
Employment
|
913,731
|
60.5
|
|
Pension
|
267,820
|
12.3
|
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Investment
|
110,129
|
7.6
|
|
Self-Employed
|
68912
|
5.3
|
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Other
|
91,487
|
6.1
|
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Tax
Exempt
|
57,543
|
3.4
|
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Total
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1,509,660
|
100.0
|
Source: Canada Customs and Revenue Agency
– 2001 Census
The average income level of individuals in the region is $19,094, compared
to the BC average of $22,095. Employment wages have traditionally been
lower in this Region (often referred to as the "sunshine tax" of
living in the North Okanagan). In
addition, the industries of the area have low union representation, thus
wages from the private sector tend to average lower than in other more
industrialized/unionized regions.
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Distribution of Income
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|
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North
Okanagan
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BC
|
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Income ( $ )
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Total ( % )
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Total ( % )
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Under 1,000
|
4.1
|
4.8
|
|
1,000-9,999
|
20.5
|
19.3
|
|
10,000-19,999
|
26.8
|
21.9
|
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20,000-29,999
|
15.9
|
14.9
|
|
30,000-39,999
|
12.3
|
12.9
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|
40,000-49,999
|
8.6
|
9.3
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>50,000
|
11.8
|
16.8
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Source: Statistics Canada, Census of Population
and Housing 2001
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