8 2603 162 St, Surrey, BC, MLS^® R3083330

Welcome to 8 2603 162 Street, a vibrant neighborhood in Surrey, BC

As we explore this charming community, you'll discover why families love this area. Let's start with the schools. The property, listed as MLS^® R3083330, is conveniently located near Sunnyside Elementary School, with a rating of 5.7/10. This school is just 0.84 km away, making it an ideal choice for families with young children. Sunnyside Elementary is a well-regarded institution, and its proximity to this home makes it a major draw for families.

In addition to Sunnyside Elementary, the property is also serviced by Semiahmoo Secondary School, with a rating of No Rating, located 3.37 km away. However, for those seeking a more exclusive education, the closest independent elementary school is Southridge School, boasting a perfect rating of 10/10, and located just 0.47 km from this home for sale. Similarly, the closest independent secondary school is also Southridge School, with a rating of 10/10, and situated 0.47 km away.

Safety first: Understanding crime rates in the neighborhood

According to the latest crime data from Statistics Canada (2020), there were 44,976 reported disturbances in this neighborhood. The overall crime rate near 8 2603 162 Street, Surrey, BC, stands at 7,512.73 incidents per 100,000 population, which is considered Average compared to other Canadian cities. Notably, the year-over-year change in the total crime rate is a commendable -12.05%.

Breaking down the crime rates, we find that the drug crime rate is Above Average, with an illegal substances offenses rating of 390.7. However, the year-over-year change in this ranking is a concerning 16.32%. On a more positive note, property crimes in the neighborhood are Average, with a property misconduct rating of 3,746.17. Furthermore, the violent crime rate is Below Average, with 1,310.25 incidents per 100,000 population, and a year-over-year change of -11.37%.

Community dynamics and lifestyle amenities

The neighborhood surrounding 8 2603 162 Street, Surrey, BC, is a diverse and thriving community. According to data, 36% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 8% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of household income, the median household income near this dwelling is $93,139, which is Above Average compared to the British Columbia average. Additionally, the median personal income is $44,782, also High compared to the BC average. Notably, 76.8% of households in this census subdivision own their homes, which is High.

Transportation and commuting convenience

For those who rely on public transportation, the closest bus station is Eastbound 24 Ave @ 161A St, located just 0.38 km away from this listing, MLS^® R3083330. Unemployment rates in the area are Low, at 4.6%, making it an attractive location for job seekers.

Demographics and lifestyle

The population change between 2011 and 2016 in this community was a significant 70.3%, which is High compared to the average growth rate of the region. The population density per square kilometer is 3,140.5, which is Above Average. Average family size in the area is 2.8, which is Below Average. However, 63.3% of families in the neighborhood have children, which is Above Average.

Real estate context and owner vs renter split

The average value of dwellings in this neighborhood is $791,955, which is High compared to other areas in British Columbia. Average owner payments are High, with owners spending $1,831 per month on average. Tenants, on the other hand, pay $1,711 per month, also High compared to other cities. Interestingly, 20.8% of the population in this district are renters, which is Average compared to other BC cities and areas.

Language and transportation

In terms of language, 7.3% of the population speaks both English and French, which is Average. However, 88.9% of residents speak only English, which is Below Average. Notably, 3.8% of the population speaks neither English nor French, which is High compared to other BC cities.

Getting around

The majority of residents in this neighborhood use cars, with 86.8% of the population relying on this mode of transportation. However, 7.7% of residents use public transportation, which is Average. Conversely,