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Lomond, AB

Full City Profile · Alberta

3.0 /5.0
B Good
178 Population 387/sq mi density
$82,896 Median Income $50,913 per capita
$198,000 Home Value
$1,091 Median Rent 27.6% income on rent
40°F Avg Temperature 309 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, 16.7% unemployment
A+
Affordability
5.0 / 5.0
$198,000 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.5% bachelor's degree or higher

Lomond, AB

At a Glance

Median Income
$82,896
10% above
$50,913 per capita
Home Value
$198,000
30% below
Median Rent
$1,091/mo
6% below
27.6% of income on rent
Bachelor's Degree+
6.5%
81% below
12.9% high school+
Unemployment
16.7%
364% above
12.9% poverty rate
Avg Temperature
40°F
309 sunny days/yr

How Lomond Compares to the U.S. Average

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

Income
110%
Home Value
70%
Rent
94%
Poverty
104%
Bachelor's
19%
Unemployment
464%
Thin vertical line = U.S. national average (100%)

Is Lomond 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

Lomond 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 16.7% (364% above the U.S. rate of 3.6%). 12.9% of residents live below the poverty line. The area is home to 6 business establishments.

Housing & Cost of Living

The median home value in Lomond is $198,000 , 30% below 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

6.5% of adults in Lomond hold a bachelor's degree or higher (81% below the national average). 12.9% have completed high school.

Climate & Weather

Lomond has an average annual temperature of 40°F (5°C). Winters average 13°F in January while summers reach 64°F in July. The area gets 309 sunny days per year. Annual precipitation totals 14.7 inches.

Data Overview

People

Population178
Median Age39.6 yrs
Density387/mi²
Male / Female60% / 43%

Economy

B
Median Income$82,896
Per Capita$50,913
Unemployment16.7%
Poverty12.9%
Avg Weekly Wage$979

Housing

A+
Home Value$198,000
Rent$1,091
Ownership62.5%
Housing Units80
Rent Burden27.6%

Crime

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

Climate

Avg Temp40°F
Sunny Days309/yr
Rain14.7 in/yr
Elevation2,874 ft

Education

D
Bachelor's+6.5%
High School+12.9%
Graduate+0.0%

Community

Commute15 min

Did You Know?

22.2% work from home.