Banff, AB
Full City Profile · Alberta
Banff, AB
At a Glance
How Banff Compares to the U.S. Average
Each bar shows Banff's value as a percentage of the national average (100% = U.S. avg)
Is Banff a Good Place to Live?
Economy & Jobs
Banff residents earn a median household income of $88,000 , which is 17% above the national average of $75,149. Per capita income is $50,400. The unemployment rate stands at 14.9% (314% above the U.S. rate of 3.6%). 6.4% of residents live below the poverty line. The area is home to 257 business establishments.
Housing & Cost of Living
The median home value in Banff is $725,000 , 157% above the national median of $281,900. Median rent is $1,500/month, with 26.3% of renters spending more than 30% of income on housing.
Education
26.4% of adults in Banff hold a bachelor's degree or higher (22% below the national average). 33.0% have completed high school.
Climate & Weather
Banff has an average annual temperature of 37°F (3°C). Winters average 19°F in January while summers reach 60°F in July. Annual precipitation totals 18.6 inches.