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Devon, AB
Full City Profile · Alberta
3.2
/5.0
B
Good
6,545
Population
1,189/sq mi density
$95,000
Median Income
$55,700 per capita
$332,000
Home Value
$1,350
Median Rent
22.5% income on rent
42°F
Avg Temperature
272 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$95,000 median income, 9.6% unemployment
A+
Affordability
4.7 / 5.0
$332,000 home value, $1,350/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.7% bachelor's degree or higher
Housing Overview
Median Home Value
$332,000
18% above
US avg: $281,900
Median Rent
$1,350/mo
16% above
US avg: $1,163/mo
Homeownership Rate
77.2%
18% above US avg (65.4%)
Total Housing Units
2,500
Ownership vs. Renting
77.2%
Owner-Occupied
22.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Homeownership Rate
77.2%
Complete Housing Data
Home Values
| Census Median Value | $332,000 |
Rent
| Census Median Rent | $1,350 |
Market
Ownership & Stock
| Owner-Occupied | 77.2% |
| Renter-Occupied | 22.8% |
| Homeownership Rate | 77.2% |
| Total Housing Units | 2,500 |
| Rent Burden | 22.5% |