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Elk Point, AB

Full City Profile · Alberta

3.1 /5.0
B Good
1,399 Population 737/sq mi density
$79,000 Median Income $51,400 per capita
$250,000 Home Value
$960 Median Rent 20.0% income on rent
34°F Avg Temperature 306 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$79,000 median income, 10.6% unemployment
A+
Affordability
4.9 / 5.0
$250,000 home value, $960/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher

Income Overview

Median Household Income
$79,000
5% above
US avg: $75,149
Per Capita Income
$51,400
32% above
US avg: $39,052
Unemployment Rate
10.6%
194% above
US avg: 3.6%
Poverty Rate
13.5%
9% above
US avg: 12.4%

Income Comparison: Elk Point vs. U.S. Average

Each bar shows Elk Point’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$79,000
105%
Per Capita
US: $39,052
$51,400
132%
Avg Weekly Wage
US: $1,432
$988
69%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$988
31% below US avg ($1,432)
Mean Commute Time
22 min
20% below US avg (28 min)
Work From Home
7.8%
49% below US avg (15.2%)
Drive Alone
84.5%
15% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)

How Residents Get to Work

Drive Alone 84.5%
Public Transit 0%
Work From Home 7.8%
Other 7.7%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
43

Complete Economy Data

Income & Wages

Median Household Income$79,000
Per Capita Income$51,400
Avg Weekly Wage$988

Hardship Indicators

Unemployment Rate10.6%
Poverty Rate13.5%

Commute

Mean Commute22 minutes
Drive Alone84.5%
Public Transit0.0%
Work From Home7.8%

Businesses

Total Establishments43

Tax