Household income in Kelowna lowest in Central Okanagan
The median household income in Kelowna went up 18.7% in a decade but it's still the lowest among all Central Okanagan cities and lower than the provincial median.
New numbers from Statistics Canada show Kelowna's median income went up from $57,809 in 2005 to $68,627 in 2015.
That’s lower than the provincial household income median of $69,995 and lower than West Kelowna’s median of $83,942 (a 16.9% increae from 2005) and Lake Country’s $83,243 (a 24.5% increase from 10 years ago).
The median household income in Peachland- which saw a 35.2 per cent increase from 2005- is also higher than Kelowna's at $72,294.
13.4% of people in Kelowna and 10% in West Kelowna are low income, which is lower than the provincial average of 15.5% (Statistics Canada considers a household as low income if its income is less than half of a median income of all households).
Stats Can says fewer manufacturing and agricultural jobs in the province coincided with employment increases in utilities, health care and social assistance, and forestry and construction sectors.
B.C.’s median household income, which went up 12.2% from $62,372 in 2005, ranks 7th among the provinces.