The latest honour was printed in BC Business Magazine’s December/January edition, which includes the ranking of 46 municipalities. Salmon Arm received a seventh-place ranking, behind Fort St. John in 6th place and Kelowna in 5th. Squamish and Whistler received top honours, coming in first and second place respectively.
This is the first time Salmon Arm has made into the top 10 in this list. In 2018, Salmon Arm was ranked in 29th place, and 19th in 2019.
The data used to create the ranking relied heavily on Environics Analytics, the same statistics company used for the Maclean’s Magazine article over the summer. Compared to the 45 other municipalities ranked, the data lists the average household income for Salmon Arm to be $97,520, and the average household income for people under age 35 at $82,145.
According to the ranking, Salmon Arm is in a three-way tie for eighth for the shortest average commute time of 16.8 minutes, and a five-way tie for the 13th lowest unemployment rate of 4.5 per cent.
For more of the article written by our local Salmon Arm Observer, please click here.