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 Rate | 10.6% |
| Poverty Rate | 13.5% |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 84.5% |
| Public Transit | 0.0% |
| Work From Home | 7.8% |
Businesses
| Total Establishments | 43 |
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