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Bow Island, AB

Full City Profile · Alberta

3.1 /5.0
B Good
2,036 Population 929/sq mi density
$76,500 Median Income $43,000 per capita
$262,000 Home Value
$890 Median Rent 14.9% income on rent
42°F Avg Temperature 312 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$76,500 median income, 3.4% unemployment
A+
Affordability
4.8 / 5.0
$262,000 home value, $890/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.5 / 5.0
6.0% bachelor's degree or higher

Bow Island, AB

At a Glance

Median Income
$76,500
2% above
$43,000 per capita
Home Value
$262,000
7% below
Median Rent
$890/mo
23% below
14.9% of income on rent
Bachelor's Degree+
6.0%
82% below
25.8% high school+
Unemployment
3.4%
6% below
17.8% poverty rate
Avg Temperature
42°F
312 sunny days/yr

How Bow Island Compares to the U.S. Average

Each bar shows Bow Island's value as a percentage of the national average (100% = U.S. avg)

Income
102%
Home Value
93%
Rent
77%
Poverty
144%
Bachelor's
18%
Unemployment
94%
Thin vertical line = U.S. national average (100%)

Is Bow Island a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Bow Island residents earn a median household income of $76,500 , which is 2% above the national average of $75,149. Per capita income is $43,000. The unemployment rate stands at 3.4% (6% below the U.S. rate of 3.6%). 17.8% of residents live below the poverty line. The area is home to 63 business establishments.

Housing & Cost of Living

The median home value in Bow Island is $262,000 , 7% below the national median of $281,900. Median rent is $890/month, with 14.9% of renters spending more than 30% of income on housing.

Education

6.0% of adults in Bow Island hold a bachelor's degree or higher (82% below the national average). 25.8% have completed high school.

Climate & Weather

Bow Island has an average annual temperature of 42°F (5°C). Winters average 14°F in January while summers reach 66°F in July. The area gets 312 sunny days per year. Annual precipitation totals 13.2 inches.

Data Overview

People

Population2,036
Median Age30.6 yrs
Density929/mi²
Male / Female50% / 50%

Economy

B+
Median Income$76,500
Per Capita$43,000
Unemployment3.4%
Poverty17.8%
Avg Weekly Wage$827

Housing

A+
Home Value$262,000
Rent$890
Ownership68.9%
Housing Units675
Rent Burden14.9%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp42°F
Sunny Days312/yr
Rain13.2 in/yr
Elevation2,615 ft

Education

F
Bachelor's+6.0%
High School+25.8%
Graduate+1.1%

Community

Commute18 min