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Bonnyville, AB
Full City Profile · Alberta
3.1
/5.0
B
Good
6,404
Population
1,171/sq mi density
$85,000
Median Income
$54,750 per capita
$310,000
Home Value
$1,160
Median Rent
22.5% income on rent
40°F
Avg Temperature
274 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$85,000 median income, 10.3% unemployment
A+
Affordability
4.6 / 5.0
$310,000 home value, $1,160/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.2% bachelor's degree or higher
Housing Overview
Median Home Value
$310,000
10% above
US avg: $281,900
Median Rent
$1,160/mo
0% below
US avg: $1,163/mo
Homeownership Rate
59.8%
9% below US avg (65.4%)
Total Housing Units
2,540
Ownership vs. Renting
59.8%
Owner-Occupied
40.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Homeownership Rate
59.8%
Complete Housing Data
Home Values
| Census Median Value | $310,000 |
Rent
| Census Median Rent | $1,160 |
Market
Ownership & Stock
| Owner-Occupied | 59.8% |
| Renter-Occupied | 40.0% |
| Homeownership Rate | 59.8% |
| Total Housing Units | 2,540 |
| Rent Burden | 22.5% |