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Banff, AB
Full City Profile · Alberta
2.8
/5.0
C+
Fair
8,305
Population
5,268/sq mi density
$88,000
Median Income
$50,400 per capita
$725,000
Home Value
$1,500
Median Rent
26.3% income on rent
37°F
Avg Temperature
280 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$88,000 median income, 14.9% unemployment
C
Affordability
2.0 / 5.0
$725,000 home value, $1,500/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.1 / 5.0
26.4% bachelor's degree or higher
Income Overview
Median Household Income
$88,000
17% above
US avg: $75,149
Per Capita Income
$50,400
29% above
US avg: $39,052
Unemployment Rate
14.9%
314% above
US avg: 3.6%
Poverty Rate
6.4%
48% below
US avg: 12.4%
Income Comparison: Banff vs. U.S. Average
Each bar shows Banff’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$88,000
117%
Per Capita
US: $39,052
$50,400
129%
Avg Weekly Wage
US: $1,432
$969
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$969
32% below US avg ($1,432)
Mean Commute Time
17 min
38% below US avg (28 min)
Work From Home
13.1%
14% below US avg (15.2%)
Drive Alone
39.6%
46% below US avg (73.2%)
Public Transit
7.8%
56% above US avg (5.0%)
How Residents Get to Work
Drive Alone
39.6%
Public Transit
7.8%
Work From Home
13.1%
Other
39.5%
Average commute time
17 minutes
US avg: 28 min
Business Landscape
Total Establishments
257
Complete Economy Data
Income & Wages
| Median Household Income | $88,000 |
| Per Capita Income | $50,400 |
| Avg Weekly Wage | $969 |
Hardship Indicators
| Unemployment Rate | 14.9% |
| Poverty Rate | 6.4% |
Commute
| Mean Commute | 17 minutes |
| Drive Alone | 39.6% |
| Public Transit | 7.8% |
| Work From Home | 13.1% |
Businesses
| Total Establishments | 257 |