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Grimshaw, AB
Full City Profile · Alberta
3.1
/5.0
B
Good
2,601
Population
951/sq mi density
$87,000
Median Income
$55,100 per capita
$226,000
Home Value
$1,210
Median Rent
15.4% income on rent
33°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
3.3 / 5.0
$87,000 median income, 11.9% unemployment
A+
Affordability
5.0 / 5.0
$226,000 home value, $1,210/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
$226,000
20% below
US avg: $281,900
Median Rent
$1,210/mo
4% above
US avg: $1,163/mo
Homeownership Rate
70.4%
8% above US avg (65.4%)
Total Housing Units
1,080
Ownership vs. Renting
70.4%
Owner-Occupied
29.6%
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
70.4%
Complete Housing Data
Home Values
| Census Median Value | $226,000 |
Rent
| Census Median Rent | $1,210 |
Market
Ownership & Stock
| Owner-Occupied | 70.4% |
| Renter-Occupied | 29.6% |
| Homeownership Rate | 70.4% |
| Total Housing Units | 1,080 |
| Rent Burden | 15.4% |