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Forestburg, AB

Full City Profile · Alberta

3.0 /5.0
B Good
807 Population 518/sq mi density
$79,000 Median Income $55,200 per capita
$174,000 Home Value
$1,090 Median Rent 15.1% income on rent
37°F Avg Temperature 306 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$79,000 median income, 13.4% unemployment
A+
Affordability
5.0 / 5.0
$174,000 home value, $1,090/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.3% bachelor's degree or higher

Forestburg, AB

At a Glance

Median Income
$79,000
5% above
$55,200 per capita
Home Value
$174,000
38% below
Median Rent
$1,090/mo
6% below
15.1% of income on rent
Bachelor's Degree+
6.3%
81% below
33.9% high school+
Unemployment
13.4%
272% above
10.4% poverty rate
Avg Temperature
37°F
306 sunny days/yr

How Forestburg Compares to the U.S. Average

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

Income
105%
Home Value
62%
Rent
94%
Poverty
84%
Bachelor's
19%
Unemployment
372%
Thin vertical line = U.S. national average (100%)

Is Forestburg a Good Place to Live?

B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Forestburg residents earn a median household income of $79,000 , which is 5% above the national average of $75,149. Per capita income is $55,200. The unemployment rate stands at 13.4% (272% above the U.S. rate of 3.6%). 10.4% of residents live below the poverty line. The area is home to 25 business establishments.

Housing & Cost of Living

The median home value in Forestburg is $174,000 , 38% below the national median of $281,900. Median rent is $1,090/month, with 15.1% of renters spending more than 30% of income on housing.

Education

6.3% of adults in Forestburg hold a bachelor's degree or higher (81% below the national average). 33.9% have completed high school.

Climate & Weather

Forestburg has an average annual temperature of 37°F (3°C). Winters average 8°F in January while summers reach 62°F in July. The area gets 306 sunny days per year. Annual precipitation totals 16.5 inches.

Data Overview

People

Population807
Median Age52.8 yrs
Density518/mi²
Male / Female48% / 52%

Economy

B
Median Income$79,000
Per Capita$55,200
Unemployment13.4%
Poverty10.4%
Avg Weekly Wage$1,062

Housing

A+
Home Value$174,000
Rent$1,090
Ownership90.7%
Housing Units375
Rent Burden15.1%

Crime

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

Climate

Avg Temp37°F
Sunny Days306/yr
Rain16.5 in/yr
Elevation2,352 ft

Education

D
Bachelor's+6.3%
High School+33.9%
Graduate+1.6%

Community

Commute22 min