304 592 W 16th Ave, Vancouver, BC, MLS^® R3068199

Welcome to 304 592 W 16th Avenue, a desirable address in the heart of Vancouver, BC!

As we walk through this beautiful community, you'll discover why it's a sought-after neighborhood for families and individuals alike. Let's start with the schools, a top priority for many of our clients.

Education

Edith Cavell Elementary School, rated 7.1/10, is just a 0.44 km stroll from home, making it an ideal choice for families. But that's not all - the closest independent elementary school, Blessed Sacrament School, boasts a stellar 9.2/10 rating and is just 0.21 km away. For secondary education, St. John's International, with its No Rating, is 0.83 km from home, providing a convenient option for students.

Safety

According to the latest crime data from Statistics Canada (2020), the neighborhood surrounding 304 592 W 16th Avenue, Vancouver, BC, has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate of incidents per 100,000 population is a reliable indicator of community safety, and in this case, it's a reassuring 7,470.82. Year-over-year, the total crime rate has decreased by 14.94%, indicating a downward trend.

Demographics

Let's take a closer look at the demographics of the area around MLS^® R3068199. With 51.4% of residents holding a university certificate or degree, this neighborhood is considered High in comparison to other BC areas. Conversely, only 8.3% of the population has no certificate or degree, a Low percentage compared to the average in BC.

Income and Employment

The median household income in this neighborhood is $83,861, which is Above Average compared to the British Columbia average. Median personal income is $43,215, a High figure in comparison to the BC average. Interestingly, 52.8% of households in this census subdivision have a mortgage, a Below Average percentage.

Unemployment and Housing

The unemployment rate in this area is 6.7%, which is Below Average compared to other province neighborhoods. When it comes to housing, the average value of dwellings in this neighborhood is $1,793,194, a High figure compared to other areas in British Columbia. Average owner payments are $1,835, while tenants pay $1,483 on average, both High figures compared to other cities.

Transportation and Lifestyle

This neighborhood is well-connected, with the closest bus station, Westbound W 16th Ave @ Cambie St, just 0.16 km away. In fact, 42.9% of the population in this district are renters, an Above Average percentage compared to other BC cities and areas. When it comes to transportation, 29.5% of residents use Public Transport, 45.6% use Cars, 9.1% use Bicycles, and 14.7% walk, all of which are High or Above Average figures.

Community

The population density per square kilometer in this community is 4,526.9, a High figure. The average size of families in this area is 2.8, a Below Average number in comparison to the whole region. The percent of families with children is 59.5%, an Average figure, while the percent of Married or living common law is 54.1%, a Below Average percentage. The average age of the population is 40.9, an Average figure in comparison to other BC cities.

Conclusion

In conclusion, 304 592 W 16th Avenue, Vancouver, BC, MLS^® R3068199, is a fantastic address for those seeking a safe, diverse, and convenient place to call home. With its excellent schools, Average crime rate, High median household income, and High percentage of residents using Public Transport or walking, this neighborhood offers an unparalleled quality of life.