Everything Yellowknife

Yellowknife 35th Best Place to Live in Canada for 2014

Money Sense has released its list of the Best Places to Live in Canada for 2014 and named Yellowknife 35th.

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The top spot for best place to live in Canada went to St Albert, Alberta. Yellowknife did however rank 10 spots better than Whitehorse, Yukon, which has a lower average income but a higher household net worth and average house cost.

This is what Money Sense had to report on Yellowknife:

  • POPULATION : 20,526
  • POPULATION GROWTH 2008 TO 2013 : 2.40%
  • UNEMPLOYMENT RATE (%) : 6
  • AVERAGE HOUSEHOLD INCOME : $138,277.58
  • AVERAGE DISCRETIONARY INCOME: $70,680.66
  • AVERAGE HOUSEHOLD NET WORTH: $330,992.00
  • AVERAGE HOUSE PRICES : $493,544.00
  • AVERAGE YEARS TO BUY A HOME : 3.57
  • PROPERTY TAX (%) : 2.43
  • AVERAGE PROPERTY TAX : $3,332.00
  • PROPERTY TAX AS A OF AVERAGE HOUSEHOLD INCOME : 2.41%
  • SALES TAX : 5.00%
  • INCOME TAX ($) : 8671
  • NEW CARS : 20.42%
  • NEW LUXURY CARS : 0.33%
  • WALK TO WORK (%) : 22.74
  • BIKE TO WORK (%) : 2.62
  • TAKE PUBLIC TRANSIT TO WORK (%): 1.16
  • TOTAL RAINFALL (mm) : 170.73
  • DAYS PER YEAR WITH PRECIPITATION : 118.51
  • DAYS PER YEAR WITH RAIN : 51.3
  • DAYS ABOVE 0C : 140.7
  • DAYS ABOVE 20C : 42.78
  • DAYS BELOW MINUS 20C : 105.18
  • MEAN DAILY TEMP. : -4.28
  • DAYS ABOVE 24C : 0.32
  • FIVE-YEAR CHANGE IN CRIME RATE : 0.00%
  • CRIME RATE PER 100,000 : 37002.11
  • CRIME SEVERITY INDEX : 217.2
  • VIOLENT CRIME SEVERITY INDEX : 80
  • NUMBER OF MEDICAL OFFICES PER ‘000 : 0.44
  • EMPLOYED IN HEALH CARE (%) : 4.04
  • DOCTORS PER ‘000 : 2.48
  • EMPLOYED IN ARTS & REC (%) : 2.91

The source of this post and for more information on how they came to this conclusion can be found at http://www.moneysense.ca/canadas-best-places-to-live-2014-full-ranking 

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About the author

Kyle Thomas

Kyle grew up in Yellowknife and is a local entrepreneur, writer, baker, and Yellowknife Advocate who is addicted to learning as much as he can about the community and sharing it with anyone who'll listen. In 2009 he developed YkOnline.ca. A website all about living, working and thriving in Yellowknife for residents, newcomers, and visitors.

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