Clockwork 3 Condos

Joshua Creek, the location of Clockwork Condos, is experiencing significant population growth. This is reflected in its population density of 3,415 people per square kilometre. This density is notably 126% higher than the rest of Oakville, underscoring the area's popularity and urban development. With a population of 11,502, Joshua Creek rapidly emerges as a densely populated and vibrant community. This growth indicates the area's appeal, driven by its amenities, lifestyle offerings, and overall quality of life. It is an increasingly sought-after destination for those seeking a dynamic living environment.

Joshua Creek is a diverse and multicultural community in Canada, where more than half of the population belongs to a visible minority group. The largest visible minority groups are South Asian (20.2%), Chinese (18.2%), and Arab (7.4%). The majority of immigrants in Joshua Creek were born in Asian countries, such as China (8.0%), India (4.9%), Pakistan (3.2%), Egypt (2.6%), and South Korea (2.0%). Joshua Creek is a vibrant and dynamic place that reflects its residents' rich and varied cultures.

Living in Joshua Creek can be quite expensive compared to other places in Canada. According to the cost of living index, Joshua Creek has a score of 124, 11% higher than the nearby city of Oakville and 24% higher than the national average. One of the main factors contributing to the high cost of living is housing, which is 57% more expensive than the average Canadian home. On the other hand, Ontario has some advantages in terms of taxes, such as a lower state income tax rate (40% less than the national average) and a higher general sales tax rate (33% more than the national average). These factors may offset some of the costs of living in Joshua Creek.

Joshua Creek is an area marked by remarkable employment growth and affluence. The median household income in Joshua Creek significantly exceeds the national average by 131%, standing at an impressive $190,455. This economic prosperity is further highlighted by the area's unemployment rate, which is 56% lower than the national average, demonstrating a strong and stable job market. Additionally, the income distribution in Joshua Creek is noteworthy: only 4.6% of the population earns $20,000 or less, while a substantial 23.4% have incomes exceeding $300,000, indicating a high level of wealth concentration. This economic profile, with high earners and low unemployment rates, positions Joshua Creek as an advantageous and prosperous location for residents of Clockwork Condos.