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A picture of the District municipality of New Hazelton.

New Hazelton

Lending guidelines for New Hazelton, British Columbia

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Max Loan To Value:
50%
Details
2021 Population
602
3.8% growth
Nearest Tim Hortons
67 km away
Nearest Costco
434 km away
Local Hospital Access
7 min drive away
Median Household Income
$66,000
Land Area
24.34 Km²
24.7 people/km²
Employment Rate
47.6%
Avg Commute
18 min

New Hazelton sits at the heart of the traditional territory of the Gitxsan people, where the Bulkley and Skeena rivers converge in a landscape that’s been drawing people for thousands of years. The nearby ‘Ksan Historical Village offers one of Canada’s most authentic Indigenous cultural experiences, with seven traditional longhouses that tell stories spanning millennia.

This community of 602 residents punches above its weight in character. The town serves as a gateway to some of northern BC’s most spectacular wilderness areas, including the Babine Mountains and Seven Sisters peaks. Fishing enthusiasts know these waters well—the Skeena River system here produces some of the province’s finest salmon and steelhead runs.

The housing market reflects the area’s rural character, with 74% single-detached homes dominating the landscape. Most properties sit on generous lots that would cost a fortune closer to urban centers. The median household income of $66,500 supports a lifestyle that’s less about keeping up with city trends and more about outdoor recreation and community connections.

Mining operations in the region provide economic stability, though the 15.3% unemployment rate reflects the boom-and-bust nature of resource-dependent communities. Education and healthcare sectors employ significant portions of the workforce, creating a foundation of year-round residents who aren’t dependent on seasonal industries.

For mortgage brokers working with clients seeking rural properties or lifestyle changes, New Hazelton represents the authentic northern BC experience. Properties here appeal to buyers who prioritize space, natural beauty, and cultural richness over urban conveniences. Our maximum 50% LTV reflects the specialized nature of this market, where equity protection remains paramount given the community’s remote location and smaller buyer pool.

The warming climate trend—improving a full hardiness zone since the 1960s—has expanded agricultural possibilities, making the area increasingly attractive to hobby farmers and those seeking food security through self-sufficiency.

2021 Population
602
3.8% growth
Median Age
41
Driving Distance to
the Nearest Tim Hortons
47 minutes
Driving Distance to
the Nearest Costco
4 hours 48 minutes
Driving Time to
Local Hospital
7 minutes
Median Household Income
$66,000
Land Area
24.34 Km²
24.7 people/km²
Employment Rate
47.6%
Avg Commute
18 min
Restaurants
6 restaurants 9.97 per 1000 people

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