9550 Young Rd, Chilliwack, BC, MLS^® R3013214

Welcome to 9550 Young Road in the heart of Chilliwack, BC! This charming home is nestled in the vibrant community of Chilliwack Proper East, offering the perfect blend of tranquility and excitement.

Just down the road, you'll find the top-rated Chilliwack Adventist Christian School, which boasts a stellar reputation for its dedicated teachers and supportive community. With a distance of mere 0.5 km from this home, you can rest assured that your little ones will have access to top-notch education right on their doorstep.

As you continue on your journey, you'll come across the esteemed Highroad Academy, a secondary independent school that shines with a 7/10 rating. Located a comfortable 2.03 km from this address, Highroad Academy is an attractive option for families seeking a well-rounded education.

Now, let's talk about getting around town. The closest Bus station, Young at Yates (SB), is conveniently located just 0.28 km away from this listing, making it an ideal spot for commuters and families alike. Imagine being able to hop on the bus and explore all that Chilliwack and beyond has to offer, all while enjoying the peace of mind that comes with knowing you're just a short stroll from home.

But what truly sets this community apart is its vibrant tapestry of residents. According to Statistics Canada's 2020 report, 6.3% of people in this neighbourhood hold a university certificate or degree – a remarkable statistic that showcases the area's commitment to lifelong learning. On the other hand, 30.6% of the population has no certificate or degree, which is higher than the average in BC. This diverse demographic is a testament to the area's inclusive and welcoming nature.

Moving on to the economic landscape, the median household income in this area is a respectable $32,000 – a figure that's lower than the provincial average but still reflects the community's strong sense of resilience and resourcefulness. Meanwhile, the median personal income is $20,173, also lower than the average in BC. However, don't let that deter you – the area's high percentage of homeowners with mortgages (71.2%) is a reassuring sign of stability and financial security.

As we delve deeper into the statistics, we find that the unemployment rate in this area is a concerning 15.8% – a figure that's higher than the provincial average. Nevertheless, this community is not one to shy away from challenges, and its residents are actively working together to build a brighter future.

Now, let's take a look at the area's growth and development. Between 2011 and 2016, the population in this area experienced a remarkable growth rate of 13.5% – a figure that's significantly higher than the regional average. This is a testament to the area's appeal and the many opportunities that lie within.

One of the defining characteristics of this community is its high population density, with a staggering 4,030 people per square kilometre. This is a unique aspect of the area that offers a blend of urban convenience and small-town charm.

As you explore the local demographics, you'll discover that the average family size in this area is 2.5 – a figure that's lower than the regional average. However, the percentage of families with children is a comfortable 59.1%, and the area's strong sense of community makes it an attractive option for families of all ages.

When it comes to age, the average population in this area is 40.3 years old – a figure that's average when compared to other BC cities. This is a testament to the area's diverse age range and its ability to cater to a wide range of needs and interests.

Now, let's talk about the local real estate market. The average value of dwellings in this area is $252,348 – a figure that's below average when compared to other areas in British Columbia. However, this doesn't necessarily mean that you'll find a deal here; rather, it suggests that the area is still relatively affordable and offers a great opportunity for first-time buyers or those looking to invest in a growing community.

As you navigate the local economy, you'll find that the average owner payments are below average, with homeowners spending an average of $975 per month. Meanwhile, tenants are paying a relatively low $764 per month – a figure that's lower than the average in other cities.

But what really sets this area apart is the high percentage of renters, with a staggering 73.3% of the population renting their homes. This is a testament to the area's affordability and its appeal to families and individuals who value flexibility and freedom.

Finally, let's take a look at the area's language demographics. The percentage of English and French speakers is a relatively low 3.9%, but the area's high percentage of English speakers only (95.3%) is a reassuring sign of the community's