Community Profile

Community Profile

COMMUNITY PROFILE Shuswap Lake Hwy 97 C A LHOU SUNNYBR WILSON AE CA N NO R E P E OIN T R OAD Y VEST BOHN TAPPEN VALLEY R E SYL T E M E C N E PEN TION P P A P A A ST T T ABBINGTON R E G TURNER B D OLT A ON B SUNNYBRAE MARGARET HERALD’S SALMON ARM COMMUNITY PROFILE R FALLS IC PROVINCIAL H V DAY PARK IE W BRAE C LYN SUMA RICHARDSON JACK BASTION VIEW SUNNYBRAE SO AD TABLE OF T RO Y PROVINCIAL N N CANOE POIN E YBRAE E UNN O S I L I T B DAY PARK B S G O A E M B B TAPPEN BAY SUMA C CONTENTS INTRODUCTION COMMUNITY OVERVIEW CANOE BEACH to Sicamous, to Kamloops, Revelstoke Tappen & & Calgary SECTION ONE Sorrento ENGINEERS POINT e k a DEMOGRAPHICS L CANOE p a w s u h S o t s s e c c MALLARD POINT A SECTION TWO e k a L PIERRE’S POINT RD. ST HOUSING 18 GLENEDEN SECTION THREE 24 ST LABOUR FORCE NAVIGATION BEACONS Mariners are advised that the lights do not mark a safe passage into the marina when water levels are low. DREDGED CHANNEL T S FIRST NATIONS 0 5 19 AV 33 ST 23 ST 24 ST 22 ST SECTION FOUR 51 ST PUBLIC VE 11 AVE A TRANSPORTATION WHARF 10 13 ST 10 10 AVE E 65 ST AV A 9 VE P 7 E 38 ST S AV T 8 P E RJ HANEY 18 ST AV MUSEUM 20 & PARK AL P P EXA N DE P R P P 31 OKANAGAN ST SECTION FIVE WALK IN CLINIC SOUTH CANOE 4 AVE 97B ST INDUSTRIAL, COMMERCIAL 17 RD TO AU D AUTO R AND AGRICULTURE LANDS LARCH HILLSSECTION SKI AREA SIX D DISPOSAL SITE VE A 23 TAXATION 97B FISH & GAME CLUB 34 AVE SALMON SECTION SEVEN VALLEY 63 S T 54 ST 45 ST INDUSTRIAL 48 D R AV 50 ST PARK 46 AVE R E A BUSINESS SUPPORT SERVICES to Enderby, EDG VE Vernon & Kelowna 48 A 60 ST SH BLACK RD to Silver Creek A 50 AVE W TLOW 45 ST TA TIMMS 50 ST 70 ST SECTION EIGHT 70 AVE 75 AVE GOVERNMENT D 80 ST 80 AVE R H C N BE RANDVIEW G DISCLAIMER SECTION NINE The information contained within this publication was compiled by the Salmon Arm Economic Development Society. Every effort has been made to ensure its accuracy. QUALITY OF LIFE Please note that this information can change at any time without notice. It is presented for information purposes only and is not intended as an endorsement of any of the businesses, organizations or external links. We encourage all users to verify information with independent research wherever possible. Please contact the Salmon Arm Economic Development Society with questions, comments or requests for additional information. SOURCES Copyright 2017. All rights reserved Salmon Arm Community Profile INTRODUCTION COMMUNITY OVERVIEW Looking to move your family or your business? Here’s a big idea, consider Salmon Arm, British Columbia! Salmon Arm is a growing city in British Columbia’s interior, located on Shuswap Lake, midway between Calgary and Vancouver on the Trans-Canada Highway. If you come for a visit you will never want to leave – the Shuswap always exceeds expectations! The Shuswap is named after the Shuswap First Nations – the Secwepemc – an important Salish Nation comprised of 17 Bands, whose ancestors lived in south-central British Columbia. Today, four First Nations bands live in the Shuswap region: the Adams Lake Indian Band, Neskonlith Indian Band, Splatsin First Nation and Little Shuswap Lake Indian Band. Salmon Arm is a city for families, that has all the amenities you are looking for. We boast a unique, picturesque downtown with draws tourists from around the world. With expansive arts and culture events, world-class wineries, twin-sheet arena, recreation centre and pool, hundreds of kilometres of hiking and biking trails, golf courses and of course houseboating and lake sports, there is something for everyone! Proximity to markets is among the City’s many competitive advantages as it provides ready access to provincial, national and international marketplaces. People, products and services are easily moved into and out of Salmon Arm via the Trans- Canada Highway, CP Rail, Shuswap Regional Airport, nearby Kelowna International Airport and proximity to the Port of Vancouver and several United States border crossings. Salmon Arm’s cost of living is notably lower than the nearby cities of Kamloops and Kelowna as well as the larger urban centres of Vancouver and Calgary, particularly in the categories of shelter, entertainment and household goods. The City’s tremendous quality of life has supported the attraction of world-class companies and a highly skilled workforce. The diverse and growing economy includes strong clusters of high-technology, commerce and business services, retail, health, tourism, agriculture and manufacturing. With hundreds of state-of-the-art operations, our businesses can provide the solution you are looking for. There are available industrial and commercial development properties to support new business establishments – at a price point well below larger western Canadian cities. But it’s far from all work and no play: with only a 10 minute communte to work, that’s over before it starts. Shuswap Lake moments from our business doors and loads of other outdoor recreation, year-round events and numerous fantastic restaurants to enjoy, there is a perfect balance between business opportunities and a fabulous quality of life. Come and see for yourself! CONTACT US Salmon Arm Economic Development Society 220 Shuswap St NE (250) 833-0608 PO Box 130 [email protected] Salmon Arm, BC V1E 4N2 www.saeds.ca 1 saeds.ca 2 Salmon Arm Community Profile SECTION ONE DEMOGRAPHICS Salmon Arm Growth Rate (10 year average) 2006 2016 Growth Rate Salmon Arm 16,012 17,706 5.04% 2016 Salmon Arm Market Area City or Area 2016 Population Salmon Arm 17,706 Chase 2,286 Sicamous 2,429 Columbia Shuswap Electoral Area ‘C’ 7,921 (Sorrento, White Lake, Blind Bay, Eagle Bay, Tappen, Wild Rose Bay) Columbia Shuswap Electoral Area ‘D’ 4,044 (Deep Creek, Silver Creek, Falkland) Columbia Shuswap Electoral Area ‘E’ 1,185 (Canoe, Mara, Malakwa, Three Valley Gap) Columbia Shuswap Electoral Area ‘F’ (Lee 2,454 Creek, Scotch Creek, Celista, Anglemont, Seymour Arm) Regional District of North Okanagan 4,000 Electoral Area ‘F’ (Enderby, Grindrod, Grandview Bench, Ashton Creek, Mara Lake, Mable Lake) Adams Lake Indian Band 808 Little Shuswap Lake Indian Band 335 Neskonlith Indian Band 660 Splatsin First Nation 905 Total Market Area 44,733 2016 Salmon Arm Population Distribution 3000 2,615 2,835 2500 2,390 2,275 2000 1,740 1,740 1,595 1,660 1500 1000 855 500 0-14 15-24 25-34 35-44 45-54 55-64 65-74 75-84 85+ A GROWING COMMUNITY Between 2016-2017 Salmon Arm was the city that saw the largest population growth across all of BC at 9.3% 3 saeds.ca 4 Salmon Arm Community Profile SECTION TWO HOUSING 2016 Salmon Arm Comparative Age Distribution 2017 Salmon Arm Housing Characteristics Population by Age Salmon Arm % of British Columbia % 2011 2017 Group Population of Population Single-detached house 69% 64% 0-14 15% 15% Movable dwelling 2% 5% 15-24 10% 12% Semi-detached house 3% 3% 25-34 9% 13% Row house 6.5% 7% 35-44 10% 13% Apartment, duplex 7% 9% 45-54 13% 15% Apartment, building that has fewer 12% 13% 55-64 16% 15% than five storeys 65-74 13% 11% Apartment, building that has 5 or 0% 0% more storeys 75-84 9% 5% Other single-attached house 0.5% 0% 85+ 5% 2% Other Real Estate Links 2016 Number Of Businesses Per 1,000 People Salmon Arm BC Canada 134.8 83 70.9 Okanagan Mainline Real Estate Board www.omreb.com Realtor.ca www.realtor.ca Comparative Unemployment Rates (April 2019) SAEDS Commercial Real Estate Listings www.saeds.ca/ realestate Thompson Okanagan BC Canada 5.3% 4.6% 5.7% 2016 Salmon Arm Median Household Income Household Income Salmon Arm British Columbia Number of households 7,460 1,881,970 Median household $63,646.00 $69,995.00 income (before tax) 2016 Salmon Arm Education Attainment 2011 2016 No certificate, diploma or degree 25% 17% High school certificate or equivalent 26% 30% Apprenticeship or trades certificate 13% 12% or diploma College, CEGEP or other non- 19% 22% university certificate or diploma University certificate or diploma 5% 4% below the bachelor level University diploma or degree 12% 16% AN AFFORDABLE CITY Average Residential Housing Value in Salmon Arm is $458,097.00 in April 2019 5 saeds.ca 6 Salmon Arm Community Profile SECTION THREE LABOUR FORCE 2016 Occupation / Labour Force Distributions Sales 30% & service 26 25% 25 Business, 20% finance, & admin Management 16 15% 15 13 15 11 Health Manufacturing 12 10% 11 & utilities 7 8 5% 3 4 4 7 3 5 3 Natural Natural Art, Trades, Occupations resources, and applied culture, transport, in education, agriculture, sciences recreation, equipment law, and social, & related & related & sport operators, community, & production occupations & related government occupations occupations services Salmon Arm BC 7 saeds.ca 8 Salmon Arm Community Profile 2019 Salmon Arm Major Employers 2019 PAYROLL COSTS Employer Name Category Website Workers Compensation ADAM Integrated Manufacturing adamintegrated.ca Industries Inc. Average base premium rate $1.62 Askews Foods Inc. Retail askewsfoods.com Maximum weekly benefit (Net) $1,122.48 (90% net weekly based on BID Group Canada Manufacturing bidgroup.ca $84,800 annual Canadian Tire Retail canadiantire.ca gross earnings) Canoe Forest Manufacturing canoefp.com To search workers compensation rates by industry classification Products visit: worksafebc.com/en/insurance/know-coverage-costs/find- classification-industry-rate Chances Salmon Arm Entertainment chancessalmonarm.ca City of Salmon Arm Government salmonarm.ca Employment Insurance (EI) Dinoflex Manufacturing dinoflex.com Employee Rate $1.63 per $100.00 Farmcrest Foods Inc.

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