Centrally located in Southwestern BC’s Lower Mainland, the City of Langley is one of Metro Vancouver’s dynamic and thriving Regional City Centres.
Within just 10 square kilometers (4 square miles), the City of Langley contains six established residential neighbourhoods, a natural wetland of regional significance, parkland exceeding 300 acres, high density residential development, a revitalized pedestrian-oriented downtown, a regional shopping centre and one of the most active industrial and service commercial land bases found in the Lower Mainland.
With significantly lower costs than downtown Vancouver, many businesses and developers have turned to Langley for easy access to affluent markets and a higher return on investment.
The City of Langley is part of the Metro Vancouver Regional District. Located in the centre of the Lower Mainland Region, the City of Langley marks the crossroads of several major highways and three major USA border crossings.
Located on the southern shores of the Fraser River, the City of Langley is about 47 kilometres (30 miles) from Vancouver, the Port of Metro Vancouver and the Vancouver International Airport. It is also located centrally between the Abbotsford International Airport (28 kilometres or 17 miles) and the BC Ferries Terminal (45 kilometres or 28 miles).
There are nearly 3 million people in the Lower Mainland region. Metro Vancouver, including the City of Langley, has a regional population of 2.3 million with a 5-year growth rate of 9.3%. The neighbouring Fraser Valley Regional District has a population of 278,000 with a 5-year growth rate of 8%.
The City of Langley is only 10 square kilometers and has a population of 26,000. It is surrounded by Langley Township with a population of 104,000, and neighbours Surrey with a population of 463,000, and shares an averaged area growth rate in excess of 16.6%. (2011 CENSUS) Population projections in the area are expected to double over the next decade.
The City of Langley enjoys a local trading population of 275,000 people, representing a $3.84 billion trade market with an average household income of about $95,000, higher than the BC average. (Retail Trade Area Study, 2012).
The cost of living in Langley is significantly lower than Vancouver. Housing is about 40% to 60% lower than Vancouver.
The City of Langley also provides the lowest commercial to residential tax rates in Metro Vancouver. (2015 NAIOP)
Langley Business Space Costs:
- Retail Space (lease): $15 to $26 per square foot
- Office space (lease): $12 - $22 per square foot
- Downtown Langley (lease): $5 to $10 per square foot
- Industrial Land (purchase): $800,000 per acre
Source: Colliers International, December 2015
Median Langley Housing Prices:
- Single Detached Family Home: $666,200
- Townhouse: $323,000
- Apartment: $208,800
Source: Fraser Valley Real Estate Board, December 2015
With lower costs than Vancouver and well paying jobs, the City of Langley offers a higher standard of living. In a recent Ipsos Community Survey, citizens said what they liked most about the City of Langley was its central location, proximity to amenities, peaceful neighbourhoods, lush green spaces, and community spirit.
To get a flavour for the quality of life in the City of Langley, watch our video and explore the following:
The City of Langley has prepared the following materials highlighting facts, stats, and business profiles:
- Introductory Brochure: Invest in the City of Langley … The Place to Be
- Community Profile & Site Selector Database
- Neighbourhood Profiles
- Statistical Profile Summary Sheet 2015
- Business Sector Profiles
- 2016 Community Survey