Statistics Canada has released some new numbers from the 2016 census and the data shows that population growth for metro Kelowna has outpaced the national average. In fact, Kelowna is the sixth-fastest growing city in the country.
What’s the population of Kelowna?
Over the last five years, the population in the metropolitan area of Kelowna has increased by 8.4 percent, while the national growth rate was just 5 percent. British Columbia’s population growth was also higher than the national average at 5.6 percent.
The census data shows that Kelowna’s population grew from 117,312 in 2011 to 127,380 in 2016. The metropolitan area’s population is 194,882. The previous census numbers showed a 10.4 percent growth rate for the city between 2006 and 2011 but, while the growth has slowed somewhat, people are still flocking to the Okanagan’s largest city.
What’s the population of Canada?
The population in Canada is now 35,151,728 and two-thirds of that growth came from net immigration, with the remaining third coming from new births. This 5 percent increase gives Canada the growth rate among G7 countries and the eighth-highest among G20 countries.
Canada celebrates its 150th birthday this year and the 2016 population count is 10 times greater than that of 1871; the first post-Confederation census recorded a population of 3.5 million in the newly minted country.
Western Canada leads the way in population growth
Each of the six fastest-growing metropolitan areas are located in Western Canada; Calgary, Edmonton, Saskatoon, Regina, Lethbridge, and Kelowna. The top five cities also posted growth rates of more than 10 percent.
Central Okanagan Population Numbers and Growth
What does this mean for Kelowna’s real estate market?
Kelowna is a beautiful city that offers a great lifestyle for residents of all ages. If you’re reading this, chances are good that you’re considering a move to this Okanagan paradise, that you’ve made the move yourself, or that you know someone who has. And why wouldn’t you? We have mountains, lakes, golf, wineries and about 1,950 hour of sunshine per year.
The census data shows that Kelowna is a desireable place to be and we don’t anticipate that changing anytime soon. If you’re thinking of laying down roots in Kelowna, now’s the time to do it. After all, the city’s population has increased 19.4 percent in the last ten years!