More money, more people in Abbotsford-Mission

Census shows influx of wealthy residents

  • Sep. 17, 2017 7:30 a.m.

There has been a steep rise in the number of wealthy people in the central Fraser Valley over the last decade.

The number of households with income totalling $200,000 and over rose 76 per cent, from 1,850 to 3,265 ,between 2005 and 2015 in the Abbotsford-Mission census area, according to Statistics Canada data released Wednesday.

Households making between $100,000 and $200,000 in inflation-adjusted 2015 dollars totaled 20,645 in 2015, up 41 per cent from 14,610 a decade before.

The number of lower income households saw much less dramatic changes, with the number of families pulling in $20,000 to $70,000 changing only marginally.

The median income in Abbotsford-Mission households, adjusted for inflation, was $73,598, compared to the provincial $69,995 and up 14.1 per cent from $64,521 in 2005.

Income in Mission was higher, and rose faster, than in Abbotsford proper.

In Mission, the median income was $78,159 and rose 16.5 per cent from 2005.

In Abbotsford, median income was $72,511 and rose 13.6 per cent from 2005.

Provincewide, incomes rose by 12.2 per cent between 2005 and 2015 by 12.2 per cent.

Across the Central Fraser Valley, the proportion of people designated as low-income fell slightly, from 13.4 per cent of residents in 2005 to 13 per cent in 2015.

Jumps to median income varied wildly throughout the province. Dawson Creek saw a 31.6-per-cent increase, while Quesnel, Port Alberni and Powell River saw rises of less than two per cent. Median incomes went up 11.2 per cent in Vancouver.

Just Posted

Mission RCMP involved in morning shooting

Suspect taken to hospital after being shot during police incident

Chilliwack school trustee Neufled vows to run for re-election on anti SOGI platform

Chilliwack crowd cheers condemnation of education ministry’s program on sexual orientation and gender identification

UPDATE: Lost load slows traffic on Highway near Chilliwack

Crews cleared debris and second westbound lane open by 10 a.m.

City to spend $1 million on parking to replace staff lot at new courthouse site

Construction on new facility expected to begin middle of next year

Parents rally to support LGBT education in Abbotsford schools

Small demonstration held in the rain to counter anti-SOGI rhetoric

VIDEO: Thousands march in procession for fallen officer

The procession for Const. John Davidson stretched for kilometres

B.C. cat torture in recorded to Snapchat, sent to owner

“I can’t stop shaking,” Haglund said. “Last night was so bad my teeth were clattering.”

Seabird Island Band embezzler a no-show for sentencing hearing

Warrant issued for man convicted of stealing large sums of money from First Nation near Agassiz

B.C. teacher punished after sharing inappropriate personal details with students

Nicole Monique Vieira has agreed to take a course on respecting professional boundaries

Countdown to BC Winter Games begins

Olympic athletes will be on hand to watch the torchlighting ceremony Wednesday evening in Kamloops

5 to start your day

Anti-SOGI Chilliwack trustee doubles down, Langley woman will get lifesaving drug and more

Mounties appeal for public’s help after Whistler stabbing

A 24-year-old man was knifed in the stomach

Opioid prescriptions up across Canada: report

The report shows the number of opioid prescriptions rose by almost seven per cent, while daily doses on average dropped

Russian meddling has implications for Canada

Kosovo president Hashim Thaci warns that Russian meddling has implications for Canada

Most Read