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Lethbridge, AB
Full City Profile · Alberta
3.1
/5.0
B
Good
10,120
Population
9/sq mi density
$82,000
Median Income
$51,500 per capita
$314,000
Home Value
$1,130
Median Rent
20.5% income on rent
47°F
Avg Temperature
297 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
$82,000 median income, 9.4% unemployment
A+
Affordability
4.5 / 5.0
$314,000 home value, $1,130/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
15.5% bachelor's degree or higher
Housing Overview
Median Home Value
$314,000
11% above
US avg: $281,900
Median Rent
$1,130/mo
3% below
US avg: $1,163/mo
Homeownership Rate
68.2%
4% above US avg (65.4%)
Total Housing Units
40,225
Ownership vs. Renting
68.2%
Owner-Occupied
31.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
20.5%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Homeownership Rate
68.2%
Complete Housing Data
Home Values
| Census Median Value | $314,000 |
Rent
| Census Median Rent | $1,130 |
Market
Ownership & Stock
| Owner-Occupied | 68.2% |
| Renter-Occupied | 31.8% |
| Homeownership Rate | 68.2% |
| Total Housing Units | 40,225 |
| Rent Burden | 20.5% |