Black Diamond, AB
Full City Profile · Alberta
2.8
/5.0
C+
Fair
2,730
Population
1,037/sq mi density
$75,500
Median Income
$50,560 per capita
$348,000
Home Value
$1,110
Median Rent
21.3% income on rent
38°F
Avg Temperature
301 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$75,500 median income, 9.8% unemployment
A
Affordability
4.1 / 5.0
$348,000 home value, $1,110/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.7% bachelor's degree or higher
Housing Overview
Median Home Value
$348,000
23% above
US avg: $281,900
Median Rent
$1,110/mo
5% below
US avg: $1,163/mo
Homeownership Rate
83.1%
27% above US avg (65.4%)
Total Housing Units
1,180
Ownership vs. Renting
83.1%
Owner-Occupied
16.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
21.3%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Homeownership Rate
83.1%
Complete Housing Data
Home Values
| Census Median Value | $348,000 |
Rent
| Census Median Rent | $1,110 |
Market
Ownership & Stock
| Owner-Occupied | 83.1% |
| Renter-Occupied | 16.5% |
| Homeownership Rate | 83.1% |
| Total Housing Units | 1,180 |
| Rent Burden | 21.3% |
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