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Arrowwood, AB
Full City Profile · Alberta
3.2
/5.0
B
Good
188
Population
650/sq mi density
$82,896
Median Income
$50,913 per capita
$184,000
Home Value
$1,091
Median Rent
27.6% income on rent
40°F
Avg Temperature
309 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$82,896 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$184,000 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
6.9% bachelor's degree or higher
Housing Overview
Median Home Value
$184,000
35% below
US avg: $281,900
Median Rent
$1,091/mo
6% below
US avg: $1,163/mo
Homeownership Rate
78.6%
20% above US avg (65.4%)
Total Housing Units
70
Ownership vs. Renting
78.6%
Owner-Occupied
28.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Homeownership Rate
78.6%
Complete Housing Data
Home Values
| Census Median Value | $184,000 |
Rent
| Census Median Rent | $1,091 |
Market
Ownership & Stock
| Owner-Occupied | 78.6% |
| Renter-Occupied | 28.6% |
| Homeownership Rate | 78.6% |
| Total Housing Units | 70 |
| Rent Burden | 27.6% |