Is Lloydminster a Good Place to Live?
Based on current data, Lloydminster receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, abundant sunshine, a low poverty rate. Areas to be aware of include above-average unemployment. Lloydminster offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Lloydminster is $98,000, 30% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 10.7%, unemployment is notably high. 8.5% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 18 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Lloydminster is $340,000, 21% above the national median. Renters pay a median of $1,040 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.5x indicates a reasonably affordable housing market.
Education
12.6% of residents hold a bachelor's degree, below the national average of 33.7%. 30.7% have completed high school.
Climate & Weather
Lloydminster has a cool climate with an average annual temperature of 40°F. Winters average 14°F in January while summers reach 64°F in July. With 278 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 12.9 inches, including 12.1 inches of snow.