Bowden, AB

Full City Profile · Alberta

3.0 /5.0
B Good
1,280 Population 959/sq mi density
$69,500 Median Income $45,500 per capita
$210,000 Home Value
$1,220 Median Rent 20.7% income on rent
37°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$69,500 median income, 22.0% unemployment
A+
Affordability
5.0 / 5.0
$210,000 home value, $1,220/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.1% bachelor's degree or higher

Housing Overview

Median Home Value
$210,000
26% below
US avg: $281,900
Median Rent
$1,220/mo
5% above
US avg: $1,163/mo
Homeownership Rate
74.4%
14% above US avg (65.4%)
Total Housing Units
585

Ownership vs. Renting

74.4%
Owner-Occupied
25.6%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
20.7%
of renters spending 30%+ of income on housing
33% below US avg (31.0%)
Homeownership Rate
74.4%

Complete Housing Data

Home Values

Census Median Value$210,000

Rent

Census Median Rent$1,220

Market

Ownership & Stock

Owner-Occupied74.4%
Renter-Occupied25.6%
Homeownership Rate74.4%
Total Housing Units585
Rent Burden20.7%