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Drayton Valley, AB

Full City Profile · Alberta

3.1 /5.0
B Good
7,291 Population 611/sq mi density
$87,000 Median Income $55,150 per capita
$278,000 Home Value
$1,040 Median Rent 19.7% income on rent
42°F Avg Temperature 278 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$87,000 median income, 11.3% unemployment
A+
Affordability
4.9 / 5.0
$278,000 home value, $1,040/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
9.0% bachelor's degree or higher

Drayton Valley, AB

At a Glance

Median Income
$87,000
16% above
$55,150 per capita
Home Value
$278,000
1% below
Median Rent
$1,040/mo
11% below
19.7% of income on rent
Bachelor's Degree+
9.0%
73% below
37.8% high school+
Unemployment
11.3%
214% above
9.3% poverty rate
Avg Temperature
42°F
278 sunny days/yr

How Drayton Valley Compares to the U.S. Average

Each bar shows Drayton Valley's value as a percentage of the national average (100% = U.S. avg)

Income
116%
Home Value
99%
Rent
89%
Poverty
75%
Bachelor's
27%
Unemployment
314%
Thin vertical line = U.S. national average (100%)

Is Drayton Valley a Good Place to Live?

B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Drayton Valley residents earn a median household income of $87,000 , which is 16% above the national average of $75,149. Per capita income is $55,150. The unemployment rate stands at 11.3% (214% above the U.S. rate of 3.6%). 9.3% of residents live below the poverty line. The area is home to 226 business establishments.

Housing & Cost of Living

The median home value in Drayton Valley is $278,000 , 1% below the national median of $281,900. Median rent is $1,040/month, with 19.7% of renters spending more than 30% of income on housing.

Education

9.0% of adults in Drayton Valley hold a bachelor's degree or higher (73% below the national average). 37.8% have completed high school.

Climate & Weather

Drayton Valley has an average annual temperature of 42°F (5°C). Winters average 21°F in January while summers reach 63°F in July. The area gets 278 sunny days per year. Annual precipitation totals 22.2 inches.

Data Overview

People

Population7,291
Median Age37.6 yrs
Density611/mi²
Male / Female50% / 50%

Economy

B
Median Income$87,000
Per Capita$55,150
Unemployment11.3%
Poverty9.3%
Avg Weekly Wage$1,061

Housing

A+
Home Value$278,000
Rent$1,040
Ownership71.2%
Housing Units2,900
Rent Burden19.7%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp42°F
Sunny Days278/yr
Rain22.2 in/yr
Elevation2,792 ft

Education

D
Bachelor's+9.0%
High School+37.8%
Graduate+0.8%

Community

Commute20 min