City / Town · British Columbia

Oak Bay location & demographic data

A data profile of Oak Bay, British Columbia — home to about 59,786 people. Explore demographics, housing, and building-permit activity, all from Neighbourly's Canadian location intelligence platform.

Oak Bay at a glance

Key demographic and housing indicators for Oak Bay.

Population
59,786
Median age
44.4
years
Median household income
$88,000
per year
Homeownership rate
62%
38% rent
Median home value
$1,000,000
Median rent
$1,340
per month
Avg. commute
20 min
Unemployment
7%
Avg. household size
2.2
people

About Oak Bay

Oak Bay is home to approximately 59,786 residents, with a median age of 44.4. The median household income is $88,000 and 62% of homes are owner-occupied. The median home value sits around $1,000,000, with median rent near $1,340 per month. Residents of Oak Bay report an average commute of about 20 min.

Oak Bay demographics in detail

Age, income, education, and household breakdowns for Oak Bay.

Age distribution

0–1412%
15–2412%
25–4424%
45–6425%
65+26%

Household income

Under $40k18%
$40–79k28%
$80–99k11%
$100–149k19%
$150k+25%

Education (age 25+)

No certificate8%
High school23%
College / trade22%
Bachelor’s or higher46%

Household composition

One-person34%
Couples47%
Multigenerational1%

Oak Bay — frequently asked questions

What is the population of Oak Bay?

Oak Bay has a population of approximately 59,786 residents.

What is the median household income in Oak Bay?

The median household income in Oak Bay is $88,000 per year.

What is the average home price in Oak Bay?

The median dwelling value in Oak Bay is approximately $1,000,000.

What is the homeownership rate in Oak Bay?

About 62% of homes in Oak Bay are owner-occupied, while roughly 38% are rented.

How much is rent in Oak Bay?

The median monthly rent in Oak Bay is around $1,340.

What is the median age in Oak Bay?

The median age in Oak Bay is 44.4 years.

What is the average commute time in Oak Bay?

Residents of Oak Bay have an average commute of about 20 min.

What percentage of Oak Bay residents have a university degree?

About 46% of Oak Bay residents aged 25 and over hold a bachelor’s degree or higher.

How many households in Oak Bay earn over $150,000?

Roughly 25% of households in Oak Bay have an income of $150,000 or more per year.

The data behind Oak Bay

This profile is built from Neighbourly's live Canadian datasets.

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