Falher, AB
Full City Profile · Alberta
3.0
/5.0
B
Good
1,001
Population
917/sq mi density
$72,000
Median Income
$46,800 per capita
$180,000
Home Value
$810
Median Rent
4.9% income on rent
34°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$72,000 median income, 11.6% unemployment
A+
Affordability
5.0 / 5.0
$180,000 home value, $810/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.0% bachelor's degree or higher
Housing Overview
Median Home Value
$180,000
36% below
US avg: $281,900
Median Rent
$810/mo
30% below
US avg: $1,163/mo
Homeownership Rate
69.1%
6% above US avg (65.4%)
Total Housing Units
405
Ownership vs. Renting
69.1%
Owner-Occupied
30.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
4.9%
of renters spending 30%+ of income on housing
84% below US avg (31.0%)
Homeownership Rate
69.1%
Complete Housing Data
Home Values
| Census Median Value | $180,000 |
Rent
| Census Median Rent | $810 |
Market
Ownership & Stock
| Owner-Occupied | 69.1% |
| Renter-Occupied | 30.9% |
| Homeownership Rate | 69.1% |
| Total Housing Units | 405 |
| Rent Burden | 4.9% |