Population
17,637
Land Area
12,089
haAnnual Operating Budget
$39.2M
expensesTrends and Profile
Lake Country Population Trend
Annual estimates, 2011–2025
Fiscal Trends (2021–2024)
Revenue and expense per person over 4 years
Fiscal Report Card
These metrics reflect reported financial data and do not capture local context such as major infrastructure investments, one-time grants, natural disasters, or policy decisions. Learn more
Fiscal Trajectory
26.5
scoreFiscal trajectory score of 26.5 is below the band average of 50.0, indicating fiscal trends that warrant attention.
Fiscal Balance
$498
/ personOperating surplus of $498/person is 0.8× the band average of $624. Ranks 27th of 48 in the band.
Tax Burden
$1,441
/ personPer-person taxation of $1,441 is 12% below the band average of $1,639, ranking 28th of 48 in the band.
Debt Load
19.1%
capacity usedLiability capacity used is 19.1%, near the band average of 15.0%. Ranking 29th of 48 in the band.
Revenue Resilience
9.8%
grant dependencyGrant dependency of 9.8% is below the band average of 12.2%, indicating stronger revenue self-sufficiency.
Service Efficiency
$2,225
/ personTotal spending of $2,225/person is $675 below the band average, ranking 17th of 48 for service efficiency.
What's Driving These Numbers
Tax Revenue by Property Class
How the annual municipal tax levy is split across property classes. A higher residential share means homeowners carry more of the tax burden.
Share of total municipal tax levy by property class
Annual Homeowner Cost
Estimated taxes on a median-value home
A typical homeowner pays $6,594/year — 65% below the band average of $19,046.
Estimated annual property tax bill on a median-value home (all dwelling types — not single-family only). See methodology.
Learn more ↗Estimated taxes on a median-value home
Estimated annual property tax bill on a median-value home (all dwelling types — not single-family only). See methodology.
A typical homeowner pays $6,594/year — 65% below the band average of $19,046.
Learn more ↗$6,594 / yr
Estimated taxes on a median-value home
Estimated annual property tax bill on a median-value home (all dwelling types — not single-family only). See methodology.
A typical homeowner pays $6,594/year — 65% below the band average of $19,046.
Residential Tax Base
Share of assessed property value from residential
95.0% of the tax base is residential — homeowners carry nearly all of the tax burden. Band average: 81.2%.
Learn more ↗Share of assessed property value from residential
95.0% of the tax base is residential — homeowners carry nearly all of the tax burden. Band average: 81.2%.
Learn more ↗95.0%
Share of assessed property value from residential
95.0% of the tax base is residential — homeowners carry nearly all of the tax burden. Band average: 81.2%.
Population Growth
Change over 5 years (2020–2025)
Population grew 10.8% over 5 years — significantly above the band average of 10.2%. Rapid growth drives infrastructure and service demand.
Learn more ↗Change over 5 years (2020–2025)
Population grew 10.8% over 5 years — significantly above the band average of 10.2%. Rapid growth drives infrastructure and service demand.
Learn more ↗+10.8%
Change over 5 years (2020–2025)
Population grew 10.8% over 5 years — significantly above the band average of 10.2%. Rapid growth drives infrastructure and service demand.
Development Activity
Building permit value per capita (trailing 12 months)
$3,348 in building permits per person, below the band average of $3,872.
Learn more ↗Building permit value per capita (trailing 12 months)
$3,348 in building permits per person, below the band average of $3,872.
Learn more ↗$3,348 / cap
Building permit value per capita (trailing 12 months)
$3,348 in building permits per person, below the band average of $3,872.
Revenue Breakdown / person
Expense Breakdown / person
Peer Comparison
Comparing against 26 municipalities in the 15,000-50,000 band.
| Municipality | Type | Population▼ | Rev/Cap | Exp/Cap | Surplus/Cap | Debt/Cap | Tax Bill | Tax Coll. % | Liab. Used % | 5yr Growth |
|---|---|---|---|---|---|---|---|---|---|---|
| Vernon | C | 49,527 | $2,382 | $2,161 | $221 | $749 | $5,031 | 99.2% | 3.1% | +9.2% |
| West Vancouver | D | 47,929 | $4,973 | $4,458 | $515 | $511 | $12,023 | 99.1% | 3.5% | +6.2% |
| Mission | C | 47,280 | $2,726 | $2,064 | $663 | $268 | $6,372 | 96.2% | 5.5% | +10.2% |
| West Kelowna | C | 40,274 | $2,242 | $2,235 | $7 | $1,191 | $7,066 | 95.0% | 22.4% | +9.5% |
| Penticton | C | 39,068 | $4,152 | $3,727 | $425 | $547 | $5,870 | 99.1% | 11.9% | +3.5% |
| Campbell River | C | 38,300 | $2,649 | $2,219 | $430 | $209 | $6,019 | 98.6% | 4.9% | +5.3% |
| Port Moody | C | 38,285 | $3,044 | $2,509 | $535 | $587 | $7,472 | 98.6% | 8.2% | +9.6% |
| Langley | C | 35,444 | $2,455 | $1,837 | $618 | $611 | $5,017 | 98.5% | 4.1% | +20.1% |
| North Cowichan | D | 34,525 | $2,317 | $2,014 | $303 | $915 | $5,679 | 98.2% | 23.8% | +5.8% |
| Courtenay | C | 32,869 | $2,397 | $2,115 | $282 | $587 | $5,915 | 98.3% | 11.0% | +13.7% |
| Squamish | D | 28,578 | $5,028 | $2,770 | $2,258 | $1,428 | $7,205 | 98.4% | 26.5% | +20.9% |
| White Rock | C | 25,057 | $2,937 | $2,222 | $715 | $783 | $6,686 | 95.2% | 7.9% | +12.7% |
| Fort St. John | C | 24,383 | $4,326 | $3,302 | $1,024 | $1,448 | $3,590 | 94.5% | 15.7% | +8.1% |
| Colwood | C | 22,794 | $2,132 | $1,501 | $631 | $474 | $5,519 | 98.7% | 11.2% | +17.9% |
| Cranbrook | C | 22,703 | $3,081 | $2,660 | $421 | $1,170 | $5,546 | 97.6% | 23.9% | +6.2% |
| Pitt Meadows | C | 20,892 | $2,865 | $2,382 | $483 | $1,062 | $6,971 | 98.7% | 12.4% | +5.1% |
| Salmon Arm | C | 20,891 | $2,249 | $1,937 | $311 | $954 | $5,116 | 98.8% | 24.8% | +6.3% |
| Port Alberni | C | 19,671 | $2,999 | $2,759 | $239 | $1,033 | $5,255 | 96.7% | 12.0% | +4.8% |
| Esquimalt | D | 19,512 | $2,624 | $2,379 | $245 | $1,704 | $5,793 | 98.0% | 19.0% | +5.4% |
| Oak Bay | D | 18,626 | $3,642 | $3,021 | $621 | $0 | $10,935 | 99.7% | 0.0% | +0.9% |
| Central Saanich | D | 18,184 | $2,537 | $1,846 | $691 | $357 | $6,857 | 99.4% | 6.5% | +0.9% |
| Lake Country | D | 17,637 | $2,723 | $2,225 | $498 | $962 | $6,594 | 99.0% | 19.1% | +10.8% |
| Sooke | D | 17,248 | $1,731 | $1,279 | $452 | $128 | $5,507 | 97.2% | 14.0% | +13.2% |
| Comox | T | 15,884 | $2,687 | $1,909 | $778 | $191 | $5,953 | 98.8% | 8.4% | +4.7% |
| Parksville | C | 15,371 | $2,508 | $2,204 | $304 | $305 | $6,131 | 98.8% | 4.0% | +13.4% |
| Whistler | D | 15,090 | $9,738 | $8,531 | $1,207 | $4,103 | $5,768 | 98.4% | 14.9% | -2.3% |