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Caroline, AB
Full City Profile · Alberta
2.7
/5.0
C+
Fair
470
Population
595/sq mi density
$46,800
Median Income
$33,400 per capita
$125,000
Home Value
$940
Median Rent
20.5% income on rent
36°F
Avg Temperature
297 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.8 / 5.0
$46,800 median income, 27.8% unemployment
A+
Affordability
5.0 / 5.0
$125,000 home value, $940/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
6.9% bachelor's degree or higher
Housing Overview
Median Home Value
$125,000
56% below
US avg: $281,900
Median Rent
$940/mo
19% below
US avg: $1,163/mo
Homeownership Rate
67.4%
3% above US avg (65.4%)
Total Housing Units
215
Ownership vs. Renting
67.4%
Owner-Occupied
34.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
20.5%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Homeownership Rate
67.4%
Complete Housing Data
Home Values
| Census Median Value | $125,000 |
Rent
| Census Median Rent | $940 |
Market
Ownership & Stock
| Owner-Occupied | 67.4% |
| Renter-Occupied | 34.9% |
| Homeownership Rate | 67.4% |
| Total Housing Units | 215 |
| Rent Burden | 20.5% |