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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
85%
15%
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-Occupied84.6%
Renter-Occupied15.4%
Homeownership Rate84.6%
Total Housing Units195
Rent Burden12.8%