Business Statistics & Community Profile

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DEMOGRAPHICS


GROWTH EQUALS OPPORTUNITIES FOR NEW BUSINESSES


WORKFORCE INFORMATION

Current Population4 82,256
2041 Population2 118,000
Average Family Income1 $93,000
Local Community Workforce1 46,000
Workforce with a 30-minute Commute1 800,000
Participation Rate3 69.6%
Unemployment Rate3 4.6%
Average Age4 40.2
Sources: 1 FP Canadian Demographics 2012; 2 Regional Context Statement OCP; 3 City Data; 4 Stats Canada 2011 & 2016

10-YEAR AGE GROUPINGS

0-9 years 12%
10-19 years 13%
20-29 years 12%
30-39 years 12%
40-49 years 18%
50-59 years 16%
60-69 years 9%
70+ years 9%
Sources: Stats Canada 2011

HOUSING

Benchmark Price Single Family Detached Home in Maple Ridge (June 2016)1 $692,500
Benchmark Price Single Family Detached Home in Greater Vancouver (June 2016)1 $1,561,500
Average 2 Bedroom Monthly Rent in Maple Ridge (2015)2 $940
Average 2 Bedroom Monthly Rent in Metro Vancouver (2015)2 $1238
Vacancy Rate 2 Bedroom in Maple Ridge (2015)2 1.0%
Vacancy Rate 2 Bedroom in Metro Vancouver (2015)2 0.9%
Home Ownership Rate3 76%
Average Persons/Household3 3
Sources: 1 www.rebgv.org; 2 Metro Vancouver; 3 Stats Canada 2011

BUSINESS INFORMATION

Total Business Licences (2015) 4,271
New Business Licences (2015) 5951
Note: This is not a Net figure and is an approximate number based on various data captured.

# OF BUSINESSES IN KEY SECTORS

Construction + Certified Trades 1367
Business/Professional Service 377
Retail 65
Food/Beverage Service 185
Manufacturing 133
Wholesale 84
E-Commerce/Direct Sales 56
Technology 73
Transportation 57

12 LARGEST EMPLOYMENT SECTORS

Retail Trade 5205
Health Care and Social Assistance 4595
Construction 4580
Public Administration 2785
Manufacturing 2750
Accommodation and Food Services 2675
Education Services 2585
Wholesale Trade 2450
Other Services (except public administration) 2240
Transportation and Warehousing 2215
Professional, Scientific and Technical Services 2145
Finance and Insurance 1950
Source: Stats Canada 2011

TRANSPORTATION/LOGISTICS

Located on Highway 7
North of Highway 1 10 minutes
To CPR Intermodal Yard (Pitt Meadows) 15 minutes
To USA Border (176 St Truck Crossing) 40 minutes
To Surrey Fraser Docks 30 minutes
To DeltaPort 55 minutes
To Pitt Meadows Regional Airport 10 minutes
To Abbotsford International Airport 25 minutes
To Vancouver International Airport 55 minutes