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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
88%
12%
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-Occupied87.9%
Renter-Occupied12.1%
Homeownership Rate87.9%
Total Housing Units1,240
Rent Burden15.4%