About Halifax
Photo Credits Courtesy: Destination Halifax
The Halifax Regional Municipality (HRM), is the capital of the province of Nova Scotia, Canada. The municipality had a population of 403,131 in 2016, with 316,701 in the urban area centred on Halifax Harbour. The regional municipality consists of four former municipalities that were amalgamated in 1996: Halifax, Dartmouth, Bedford, and the Municipality of Halifax County.
Halifax is a major economic centre in Atlantic Canada with a large concentration of government services and private sector companies. Major employers and economic generators include the Department of National Defence, Dalhousie University, Saint Mary’s University, the Halifax Shipyard, various levels of government, and the Port of Halifax. Agriculture, fishing, mining, forestry and natural gas extraction are major resource industries found in the rural areas of the municipality.
Halifax was ranked by MoneySense magazine as the fourth best place to live in Canada for 2012, placed first on a list of “large cities by quality of life” and placed second in a list of “large cities of the future”, both conducted by fDi Magazine for North and South American cities. Additionally, Halifax has consistently placed in the top 10 for business friendliness of North and South American cities, as conducted by fDi Magazine.
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Moneysense Magazine Statistical Profile 2017
Rank (2016):74
Average Household Net Worth:
Average Value of Primary Real Estate:
Occupied Private Dwellings by Tenure Owned %:
Population: 426,537
Population Change (2012 to 2017): 4.9%
Unemployment Rate (Est.): 6.1%
Median Household Income: $71,162
Average Household Discretionary Income: $40,824
Average Household Net Worth: $384,647
Average Value Of Primary Real Estate: $340,296
Home to income ratio: 4
Rent to income ratio: 15.00%
Income Tax: $10,886.00
Sales Tax: 15.00%
Average Property Tax: 2.0%
Average Property Tax: $1,710.54
Average Property Tax As A Percentage Of Average Income: 2.00%
Travel To Work By Walking: 5.3%
Travel To Work By Bicycle: 0.7%
Travel To Work By Public Transit: 7.1%
Total Annual Rainfall (Mm): 1314
Days With Precipitation Greater Than Or Equal To 0.2 Mm: 162
Days With Rainfall Greater Than Or Equal To 0.2 Mm: 143
Days With Daily Min Temperature Greater Than 0°C: 234
Days With Daily Max Temperature Greater Than 20°C: 78
Crime Rate – 5-Year-Change: -34%
Crime Rate Per 100,000: 5354
Crime Severity Index: 62.8
Violent Crime Severity Index: 79.0
Owned Homes: 62.2%
Rented Homes: 37.8%
Employed In Health Care: 5.0%
Offices Of Doctors Of Medicine Per ‘000: 1.06
Doctors Per ‘000: 3.6
Employed In Arts And Rec: 2%
Community: 105.4
*Profile Summary via Wikipedia, MoneySense Magazine