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Hay Lakes, AB

Full City Profile · Alberta

3.1 /5.0
B Good
957 Population 25/sq mi density
$80,000 Median Income $50,400 per capita
$278,000 Home Value
$1,091 Median Rent 24.2% income on rent
36°F Avg Temperature 302 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$80,000 median income, 14.3% unemployment
A+
Affordability
4.7 / 5.0
$278,000 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher

Income Overview

Median Household Income
$80,000
6% above
US avg: $75,149
Per Capita Income
$50,400
29% above
US avg: $39,052
Unemployment Rate
14.3%
297% above
US avg: 3.6%
Poverty Rate
12.4%
0% below
US avg: 12.4%

Income Comparison: Hay Lakes vs. U.S. Average

Each bar shows Hay Lakes’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$80,000
106%
Per Capita
US: $39,052
$50,400
129%
Avg Weekly Wage
US: $1,432
$969
68%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$969
32% below US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
10.3%
33% below US avg (15.2%)
Drive Alone
87.2%
19% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)

How Residents Get to Work

Drive Alone 87.2%
Public Transit 0%
Work From Home 10.3%
Other 2.5%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
30

Complete Economy Data

Income & Wages

Median Household Income$80,000
Per Capita Income$50,400
Avg Weekly Wage$969

Hardship Indicators

Unemployment Rate14.3%
Poverty Rate12.4%

Commute

Mean Commute28 minutes
Drive Alone87.2%
Public Transit0.0%
Work From Home10.3%

Businesses

Total Establishments30

Tax