The population and economy of Kamloops, BC has been growing rapidly as individuals and families transition from the Fraser Valley, the Lower Mainland and Calgary in search of a lifestyle with balance and affordability. Venture Kamloops supports the City of Kamloops and its economic values and initiatives and is excited to share stories of others who have made the move to beautiful Kamloops, BC. Our team is here to answer your questions on why Kamloops is a great place to live and pursue a fulfilling career.
Under 20 minute average commute time.
Do more of the things you enjoy.
Kamloops has an outlook for modest and consistent GDP growth of 2% annually to 2022, increasing from approximately $4.4 billion in 2018 and up to $4.8 billion in 2022.
Neary half of all daily commuters in Kamloops make it to work every day in less than 15 minutes. Statistic Canada data shows that fewer than 20% of commuters in major centres can expect to get home that fast. Kamloops offers great transportation options, bike lanes and walkable options that allow you to spend more time doing what you love.
Long commute times directly affect your quality of life. The good news is that Kamloops commute times average less than 20 minutes. That’s shorter than the national average and significantly shorter than the average commute times in the Lower Mainland of BC. The time you could save in Kamloops could be spent living a balanced life that includes the leisure activities available here.
Source: Stats Canada
When it comes to buying a home, Kamloops is one of only four cities in British Columbia to have a positive income gap. That means someone making the average Kamloops salary can afford house prices here. There are countless stories here in Kamloops of families that have moved and have found that balance. Our stories are testaments to that.
Source: Zoocasa Stat
Innovative employers building businesses in Kamloops require skilled workers to fill jobs in this growing city. This means opportunity for people working in Kamloops. The data tells us that employers in Kamloops will consistently require more people every single year for the next decade.
Kamloops attracts people from around the world seeking a great place to build a life. Kamloops, located in the southern interior of British Columbia, is the largest city in the region and is ranked 37th on the list of metro areas throughout Canada. The population of Kamloops was estimated to be 91,500 in 2017 and is projected to increase to 96,500 by 2022. The Venture Kamloops 2018 Economic Impact Study forecasts an income per household of just over $110,000 in 2022.