Ellison

Expert Debt Relief Solutions & Consumer Proposals

_{Ellison, debt relief, British Columbia}

Ellison, a small community in British Columbia with a population of 3,316, has seen a 7.5% growth since 2016. Its rural feel and diverse demographics provide a quiet lifestyle, yet residents face financial challenges due to limited job opportunities and higher living costs. Access to debt relief resources and financial support is crucial for managing these difficulties in Ellison.

City: Ellison
Province/Territory: British Columbia (BC), Canada
Est. Population: 3,316

Financial Challenges

Living in Ellison can be hard if you’re struggling with money. There aren’t many job options, so people often have to work in the same types of jobs, like farming or local businesses, which might not pay a lot. If a big company in town has problems, it can mean fewer jobs and less money for everyone. Plus, because Ellison is small, it can be tough to find new kinds of work or ways to earn extra money.

Another issue is that things can cost more in a small town. Buying a house might be difficult because prices can be high or homes might not sell easily if the market changes. Everyday items like groceries and gas might also be more expensive because there are fewer stores. If you need help with money problems, there might not be many places to get advice or support. All these things can make it really challenging to manage your finances and pay your bills in Ellison.

Debt Relief Solutions Available

_{*Illustration of Ellison, British Columbia}

Debt Data

This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.

_{The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.}

Areas / Neighbourhoods

• Ellison: This neighborhood itself is a charming rural community known for its vast agricultural fields and stunning views of Okanagan Lake. It’s a peaceful area that offers a friendly atmosphere and a strong sense of local community.

• Lake Country: Located just north of Ellison, Lake Country is a picturesque community that boasts waterfront parks, wineries, and the scenic Okanagan Rail Trail. It’s popular for outdoor recreation and family-friendly activities.

• Winfield: A vibrant area within Lake Country, Winfield is known for its convenient access to schools, shops, and local amenities. The neighborhood is also close to notable attractions like Wood Lake, making it a favored spot for families.

• Carr’s Landing: This area features beautiful lakeside properties and is recognized for its tranquil environment. It’s popular among those seeking a retreat atmosphere, with easy access to outdoor activities such as boating and swimming.

• Okanagan Centre: This quaint neighborhood is known for its historical significance and local charm, featuring beautiful beaches and community parks. It’s a great place for those who appreciate small-town living close to nature.

• Kalamalka Lake: Nestled nearby, this area is renowned for its stunning lake and outdoor recreational opportunities. Kalamalka Lake itself offers beautiful scenery, hiking trails, and a variety of water sports, making it a favorite among locals and tourists alike.

_{Illustration of Ellison, British Columbia, Canada}

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Ellison, Canada to help understand the financial requirements for different living situations.

_{The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.}

Top Questions

1. What is the current cost of living in Ellison, British Columbia?
2. How do housing prices in Ellison compare to neighboring areas?
3. What is the average income level of residents in Ellison?
4. Are there any significant economic developments planned for Ellison in the near future?
5. What financial assistance programs are available for residents facing economic challenges in Ellison?
6. How does the unemployment rate in Ellison impact the local economy?
7. What are the main industries contributing to Ellison’s economic growth?
   

If you have a question about debt see our debt related question or ask your own debt related question.

Overview

Ellison is a small, unincorporated community in British Columbia, with a population of 3,316 as of 2021, marking a 7.5% increase from 2016. The area covers 81.72 square kilometers, resulting in a population density of about 40.6 people per square kilometer, giving it a rural feel. The community features a mix of families and retirees, which contributes to its diverse demographic needs. Surrounded by beautiful nature, Ellison offers a quieter lifestyle with access to outdoor activities, making it attractive for those who enjoy a peaceful environment while being part of a growing community.