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Island Lake, AB

Full City Profile · Alberta

3.0 /5.0
B Good
174 Population 291/sq mi density
$82,896 Median Income $50,913 per capita
$360,000 Home Value
$1,091 Median Rent 27.6% income on rent
35°F Avg Temperature 300 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
$82,896 median income, 14.3% unemployment
A
Affordability
4.2 / 5.0
$360,000 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
0.0% bachelor's degree or higher

Island Lake, AB

At a Glance

Median Income
$82,896
10% above
$50,913 per capita
Home Value
$360,000
28% above
Median Rent
$1,091/mo
6% below
27.6% of income on rent
Bachelor's Degree+
0.0%
100% below
29.6% high school+
Unemployment
14.3%
297% above
12.9% poverty rate
Avg Temperature
35°F
300 sunny days/yr

How Island Lake Compares to the U.S. Average

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

Income
110%
Home Value
128%
Rent
94%
Poverty
104%
Bachelor's
0%
Unemployment
397%
Thin vertical line = U.S. national average (100%)

Is Island Lake 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

Island Lake residents earn a median household income of $82,896 , which is 10% above the national average of $75,149. Per capita income is $50,913. The unemployment rate stands at 14.3% (297% above the U.S. rate of 3.6%). 12.9% of residents live below the poverty line. The area is home to 5 business establishments.

Housing & Cost of Living

The median home value in Island Lake is $360,000 , 28% above the national median of $281,900. Median rent is $1,091/month, with 27.6% of renters spending more than 30% of income on housing.

Education

0.0% of adults in Island Lake hold a bachelor's degree or higher (100% below the national average). 29.6% have completed high school.

Climate & Weather

Island Lake has an average annual temperature of 35°F (2°C). Winters average 5°F in January while summers reach 60°F in July. The area gets 300 sunny days per year. Annual precipitation totals 19.8 inches.

Data Overview

People

Population174
Median Age54.4 yrs
Density291/mi²
Male / Female54% / 46%

Economy

B
Median Income$82,896
Per Capita$50,913
Unemployment14.3%
Poverty12.9%
Avg Weekly Wage$979

Housing

A
Home Value$360,000
Rent$1,091
Ownership93.8%
Housing Units80
Rent Burden27.6%

Crime

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

Climate

Avg Temp35°F
Sunny Days300/yr
Rain19.8 in/yr
Elevation2,047 ft

Education

C
Bachelor's+0.0%
High School+29.6%
Graduate+7.4%

Community

Commute33 min

Did You Know?

16.7% of residents use public transit to commute.