Gibbons, AB
Full City Profile · Alberta
3.2
/5.0
B
Good
3,218
Population
881/sq mi density
$108,000
Median Income
$63,250 per capita
$300,000
Home Value
$1,400
Median Rent
15.4% income on rent
36°F
Avg Temperature
303 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$108,000 median income, 12.1% unemployment
A+
Affordability
5.0 / 5.0
$300,000 home value, $1,400/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
5.5% bachelor's degree or higher
Housing Overview
Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$1,400/mo
20% above
US avg: $1,163/mo
Homeownership Rate
87.9%
34% above US avg (65.4%)
Total Housing Units
1,240
Ownership vs. Renting
87.9%
Owner-Occupied
12.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
15.4%
of renters spending 30%+ of income on housing
50% below US avg (31.0%)
Homeownership Rate
87.9%
Complete Housing Data
Home Values
| Census Median Value | $300,000 |
Rent
| Census Median Rent | $1,400 |
Market
Ownership & Stock
| Owner-Occupied | 87.9% |
| Renter-Occupied | 12.1% |
| Homeownership Rate | 87.9% |
| Total Housing Units | 1,240 |
| Rent Burden | 15.4% |
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