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Cypress County, AB
Full City Profile · Alberta
3.1
/5.0
B
Good
7,524
Population
2/sq mi density
$101,000
Median Income
$64,900 per capita
$500,000
Home Value
$900
Median Rent
16.2% income on rent
41°F
Avg Temperature
313 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$101,000 median income, 6.8% unemployment
B+
Affordability
3.9 / 5.0
$500,000 home value, $900/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher
Housing Overview
Median Home Value
$500,000
77% above
US avg: $281,900
Median Rent
$900/mo
23% below
US avg: $1,163/mo
Homeownership Rate
88.2%
35% above US avg (65.4%)
Total Housing Units
2,660
Ownership vs. Renting
88.2%
Owner-Occupied
11.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
16.2%
of renters spending 30%+ of income on housing
48% below US avg (31.0%)
Homeownership Rate
88.2%
Complete Housing Data
Home Values
| Census Median Value | $500,000 |
Rent
| Census Median Rent | $900 |
Market
Ownership & Stock
| Owner-Occupied | 88.2% |
| Renter-Occupied | 11.8% |
| Homeownership Rate | 88.2% |
| Total Housing Units | 2,660 |
| Rent Burden | 16.2% |