N O R T H - O K A N A G A N

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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.

North Okanagan Population Projections

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.

All Ages

N. Okanagan

% Distribution

Male

Female

N. Okanagan

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

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.

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.

Sources of Income

 

$ thousands

% of Total

Employment

913,731

60.5

Pension

267,820

12.3

Investment

110,129

7.6

Self-Employed

68912

5.3

Other

91,487

6.1

Tax Exempt

57,543

3.4

Total

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.

Distribution of Income

 

North Okanagan

BC

Income ( $ )

Total ( % )

Total ( % )

Under 1,000

4.1

4.8

1,000-9,999

20.5

19.3

10,000-19,999

26.8

21.9

20,000-29,999

15.9

14.9

30,000-39,999

12.3

12.9

40,000-49,999

8.6

9.3

>50,000

11.8

16.8

Source: Statistics Canada, Census of Population and Housing 2001

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