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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
83%
17%
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-Occupied83.1%
Renter-Occupied16.5%
Homeownership Rate83.1%
Total Housing Units1,180
Rent Burden21.3%