B U S IN ES S S TATIS TIC S
CITY OF ABBOTSFORD Competitive Mill Rates
2.78
Commercial to Residential Tax Ratio
YOUNG, EDUCATED WORKFORCE
GROWING POPULATION Current population 145,102. From 2016 to 2017 there was a 1.6% increase in population. Median age of 40.8 years old, less than the BC average. (41.3 in BC)
Total population aged 15 years and over in the Labour Force:
112,615
Total population aged 15 years and over with a University certificate, diploma or degree at bachelor level or above:
18,530
ABBOTSFORD INTERNATIONAL AIRPORT (YXX) LOCATION, LOCATION, LOCATION Access and proximity to: • Hwy 1 and Interchanges • Access to Metro Vancouver • 2 US border crossings • Abbotsford International Airport (YXX) • Railway (CN, CP and Southern) • Fibre optic connectivity
LOW OPERATING COST Abbotsford has the lowest UTILITY FEES
+
MEDIAN TOTAL INCOME between Mission, Chilliwack and Langley Township
• Owned and operated by the City of Abbotsford • 2017 was a record year with 677,000 passengers • There were 135,000 total aircraft movements in 2017 • Approximately 215 acres of land is immediately available for airside and groundside development • YXX has competitive lease rate and flexible lease terms • 5 national (Westjet, Air Canada Rouje, Swoop, Sunwing, Flair) airlines operate from YXX, along with an intra BC airline (Island Express Air)
AGRICULTURE INDUSTRY • Gross farm receipts in Abbotsford are $20,441/ha, 3 times greater than those found in the next most productive agricultural region in Canada • Capital investment from the agri-foods industry in farming assets now totals $3.8 billion
TOP THREE OCCUPATIONS
Abbotsford British Columbia Occupation Rank Rank Retail Trade & Wholesale 1 10 Health Care & Social Assistance 2 1 Educational Services 3 6
caed.abbotsford.ca
@AbbotsfordEcDev I t: 604.864.5586 I e: econdev@abbotsford.ca
SOURCES Abbotsford International Airport, BC Stats, City of Abbotsford, City of Chilliwack Bylaw No. 3702, Langley Sewerworks Regulation Bylaw 1998 NO. 3701, NAIOP Development Cost Survey, Statistics Canada, WorkBC
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L IF ES TY L E S TATIS TIC S
CITY OF ABBOTSFORD 192 parks consisting of over 2,584 acres
Sports fields host
10,000
games per year
of parkland and
Abbotsford is the
98 kilometers of trails
largest municipality in British Columbia by land area and the fifth-largest by population
65%
of our citizens both
84%
of residents live within 500m of a park
live and work in Abbotsford
THE UNIVERSITY OF THE FRASER VALLEY (UFV)
989 Bachelors degrees granted in 2016/17
Over 15,000 students/year Estimated economic impact:
AFFORDABLE RESIDENTIAL REAL ESTATE Detached home average selling price in Abbotsford was
$757,080
in December of 2017. The Fraser Valley average was
$987,709.
$500 million ABBOTSFORD REGIONAL HOSPITAL First new hospital built in the province in 30
years.
First hospital in Canada to
have a cancer centre integrated in its design from the ground up. Consumes about 40% less energy compared to many other hospitals.
Reduces patient travel into Greater Vancouver for treatment services.
ABBOTSFORD INTERNATIONAL AIRSHOW • Named one of USA TODAY’S 10 Best Airshows Around the World • Operated by a non-profit society since 1966 • Designated as “Canada’s National Airshow” in 1970 by Prime Minister Pierre E. Trudeau • Attracts more than 100,000 spectators to the 3 day aviation festival
caed.abbotsford.ca
@AbbotsfordEcDev I t: 604.864.5586 I e: econdev@abbotsford.ca
SOURCES Abbotsford International Airshow, City of Abbotsford Parks, Recreation and Culture, Fraser Health, Fraser Valley Real Estate Board, Statistics Canada, University of the Fraser Valley, USA Today’s Ten Best
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