2803 788 Richards St, Vancouver, BC, MLS^® R3055337

As we walk through the vibrant neighborhood surrounding 2803 788 Richards Street, Vancouver, BC, you'll notice the area is served by several top-notch schools. One of the closest elementary schools is Elsie Roy Elementary School, which boasts a rating of 6.1/10 and is located just 0.43 km from this stunning property with MLS^® R3055337. Families love this area because of its excellent educational opportunities.

Just down the road, you'll find King George Secondary School, which is 1.88 km from this home for sale. Despite not having a rating available, King George Secondary School is a highly regarded institution in the community. For those seeking an independent education, Anchor Point Montessori is the closest elementary school (0.4 km from this property), and Pattison School is the closest secondary independent school (0.8 km from this home).

Now, let's talk about safety. The latest crime data from Statistics Canada (2020) shows that the neighborhood surrounding 2803 788 Richards Street, Vancouver, BC has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate of volation disturbances in this area is 52,217, and the year-by-year change in the total crime rate is -14.94%. In terms of specific crime categories, the neighborhood has an Average drug crime rate, with a rating of 229.49 and 1,604 incidents in 2020. The year-by-year change in the illegal substances offences ranking is 1.58%.

Regarding property crimes, the area has an Above Average rating, with 35,089 incidents in 2020 and a property misconduct rate of 5,020.27. The year-by-year change in the property misconduct rate is -20.80%. On a positive note, the violent crime rate in this neighborhood is Below Average, with 1,311.69 incidents in 2020 and a 3.53% year-by-year change.

As we make our way around the neighborhood, you'll notice that public transportation is readily available. The closest bus station is Eastbound Pacific St @ Richards St, which is just 0.06 km away from this property with MLS^® R3055337.

The neighborhood surrounding 2803 788 Richards Street, Vancouver, BC is home to a highly educated population, with 57.6% of residents holding a university certificate or degree – a High percentage compared to other BC neighborhoods. In contrast, only 3.3% of the population in this area has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this property is $92,599, which is Above Average compared to the British Columbia average. The median personal income is $53,110, also High compared to the BC average. However, the percentage of households with a mortgage in this area is 53.3%, which is Below Average.

Unemployment rates in the area are Low, with a rate of 5.3%, which is a positive indicator for residents and potential buyers.

As we explore the community, you'll notice that the population has been growing at an Above Average rate of 3.2% between 2011 and 2016. The population density in this area is High, with 18,823.5 people per square kilometre.

Families in the area tend to be smaller, with an average size of 2.4 people per household. However, the percentage of families with children is relatively Low at 34.1%. Married or living common-law couples make up 62.9% of households, which is Above Average in this region.

The average age of the population in this area is 45.8 years, which is High compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $1,356,732, which is High compared to other areas in British Columbia.

As for the cost of living, average owner payments are High in the area, with $2,020 spent on average for dwellings. Tenants are also paying a High average of $1,984 per month.

Interestingly, 35.8% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

Language-wise, the neighborhood is predominantly English-speaking, with 85.4% of residents speaking only English. However, the percentage of French speakers is Below Average at 0.1%.

Regarding transportation, 15.4% of the population uses public transport, which is Above Average. In contrast, 48.2% of residents use cars, which is Low. A notable 30.9% of the population walks, and 3.8% use bicycles – both of which are High percentages.

In summary, the neighborhood