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Chipman, AB
Full City Profile · Alberta
3.0
/5.0
B
Good
246
Population
66/sq mi density
$82,896
Median Income
$50,913 per capita
$200,000
Home Value
$1,091
Median Rent
27.6% income on rent
36°F
Avg Temperature
304 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$82,896 median income, 15.8% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.7% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$1,091/mo
6% below
US avg: $1,163/mo
Homeownership Rate
79.2%
21% above US avg (65.4%)
Total Housing Units
120
Ownership vs. Renting
79.2%
Owner-Occupied
20.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Homeownership Rate
79.2%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
Rent
| Census Median Rent | $1,091 |
Market
Ownership & Stock
| Owner-Occupied | 79.2% |
| Renter-Occupied | 20.8% |
| Homeownership Rate | 79.2% |
| Total Housing Units | 120 |
| Rent Burden | 27.6% |