Cremona, AB
Full City Profile · Alberta
2.9
/5.0
C+
Fair
437
Population
585/sq mi density
$73,500
Median Income
$46,400 per capita
$250,000
Home Value
$1,091
Median Rent
12.8% income on rent
37°F
Avg Temperature
301 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$73,500 median income, 21.6% unemployment
A+
Affordability
4.8 / 5.0
$250,000 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.4% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$1,091/mo
6% below
US avg: $1,163/mo
Homeownership Rate
84.6%
29% above US avg (65.4%)
Total Housing Units
195
Ownership vs. Renting
84.6%
Owner-Occupied
15.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
12.8%
of renters spending 30%+ of income on housing
59% below US avg (31.0%)
Homeownership Rate
84.6%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $1,091 |
Market
Ownership & Stock
| Owner-Occupied | 84.6% |
| Renter-Occupied | 15.4% |
| Homeownership Rate | 84.6% |
| Total Housing Units | 195 |
| Rent Burden | 12.8% |
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