In BC’s capital region, the median household kept $75,500 after tax in 2020, $500 less than the BC-wide median and $4,000 less than Metro Vancouver’s. Public administration alone accounted for 13.5% of Victoria jobs in 2025, against 6.1% across all Canadian CMAs. The rest of our city and province profiles are listed in the average income in Canada hub; see also the British Columbia income page and average and median income in Vancouver.
Household income here is from Statistics Canada’s 2021 Census income table (98-10-0061-01) for the Victoria CMA, for the 2020 income year; Victoria is not among the metro areas in the newer Canadian Income Survey tables.
Victoria household income beside BC and Vancouver
| Median after-tax household income | Victoria CMA | British Columbia | Vancouver CMA |
|---|---|---|---|
| 2020 | $75,500 | $76,000 | $79,500 |
| 2015, restated in 2020 dollars | $66,000 | $66,500 | $68,500 |
| Growth over five years | +14.4% | +14.3% | +16.1% |
Nationally, the median went from $66,500 to $73,000 (+9.8%). Before tax, Victoria’s 2020 median household income was $85,000 and its average $107,000.
Government and other jobs in Victoria
Public-sector employees made up 31.6% of the 243,400 people working in the Victoria CMA in 2025, according to the Labour Force Survey (21.5% in all CMAs combined). Health care and social assistance employed 17.2% of workers, and accommodation and food services 7.1% (5.6% across CMAs).
Victoria’s unemployment rate was 3.5% in 2019, 7.8% in 2020 and 3.9% in 2024. The metro population went from 414,596 in July 2021 to 445,090 in July 2025.
What Victoria homes and rentals cost against income
The Victoria Real Estate Board publishes no all-types average or benchmark, so the price used here is the sales-weighted average of its September 2026 single-family, condo and townhouse averages: about $1.00 million, leaving out other property types. That is roughly 13.3ร the 2020 median after-tax household income. An average is a different measure from the MLS HPI benchmark (the price of a typical home) that boards such as Greater Vancouver REALTORS publish, so this multiple is not directly comparable with benchmark-based ones. With that caveat, Victoria’s multiple was lower than Vancouver’s benchmark-based one; the income by city comparison lines up other metros, and the Victoria housing market page has the board’s figures by home type.
In CMHC’s October 2025 survey, purpose-built one-bedroom units in Victoria averaged $1,622 a month and two-bedrooms $2,127, with a vacancy rate of 3.1% (2.7% a year earlier). The Victoria rental market page has every unit size, and our cost of living in Victoria guide covers other household costs.
Related tools and resources
- Victoria housing market: Victoria Real Estate Board prices by home type
- Victoria rental market: CMHC rents and vacancy
- BC mortgage rates: current rates from BC lenders
- Income tax calculator: BC and federal tax on any salary
- Mortgage affordability calculator: the home price an income can carry
Sources
The figures and rules on this page come from these sources, last checked against them between September 24, 2026 and October 4, 2026. How we check facts.
- Greater Vancouver REALTORS: GVR Residential Market Report - August 2026
- Greater Vancouver REALTORS: GVR Residential Market Report - September 2026
- Statistics Canada: Household income statistics by dwelling and household characteristics: Canada,โฆ
- Statistics Canada: Employment characteristics by census metropolitan area, annual
- Statistics Canada: Labour force characteristics, annual, inactive
- Statistics Canada: Population estimates, July 1, by census metropolitan area and census agglomeration,โฆ
- Statistics Canada: Canada Mortgage and Housing Corporation, average rents for areas with a population ofโฆ
- Victoria Real Estate Board: Victoria Real Estate Market Report for August 2026
- Victoria Real Estate Board: Single family homes