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Magrath, AB

Full City Profile · Alberta

3.3 /5.0
B Good
2,481 Population 1,093/sq mi density
$88,000 Median Income $49,480 per capita
$300,000 Home Value
$1,090 Median Rent 16.0% income on rent
42°F Avg Temperature 306 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$88,000 median income, 8.7% unemployment
A+
Affordability
4.8 / 5.0
$300,000 home value, $1,090/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher

Magrath, AB

At a Glance

Median Income
$88,000
17% above
$49,480 per capita
Home Value
$300,000
6% above
Median Rent
$1,090/mo
6% below
16.0% of income on rent
Bachelor's Degree+
15.7%
53% below
32.3% high school+
Unemployment
8.7%
142% above
11.3% poverty rate
Avg Temperature
42°F
306 sunny days/yr

How Magrath Compares to the U.S. Average

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

Income
117%
Home Value
106%
Rent
94%
Poverty
91%
Bachelor's
47%
Unemployment
242%
Thin vertical line = U.S. national average (100%)

Is Magrath a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Magrath residents earn a median household income of $88,000 , which is 17% above the national average of $75,149. Per capita income is $49,480. The unemployment rate stands at 8.7% (142% above the U.S. rate of 3.6%). 11.3% of residents live below the poverty line. The area is home to 77 business establishments.

Housing & Cost of Living

The median home value in Magrath is $300,000 , 6% above the national median of $281,900. Median rent is $1,090/month, with 16.0% of renters spending more than 30% of income on housing.

Education

15.7% of adults in Magrath hold a bachelor's degree or higher (53% below the national average). 32.3% have completed high school.

Climate & Weather

Magrath has an average annual temperature of 42°F (6°C). Winters average 19°F in January while summers reach 63°F in July. The area gets 306 sunny days per year. Annual precipitation totals 16.3 inches.

Data Overview

People

Population2,481
Median Age36.0 yrs
Density1,093/mi²
Male / Female50% / 50%

Economy

B+
Median Income$88,000
Per Capita$49,480
Unemployment8.7%
Poverty11.3%
Avg Weekly Wage$952

Housing

A+
Home Value$300,000
Rent$1,090
Ownership77.9%
Housing Units815
Rent Burden16.0%

Crime

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

Climate

Avg Temp42°F
Sunny Days306/yr
Rain16.3 in/yr
Elevation3,219 ft

Education

C
Bachelor's+15.7%
High School+32.3%
Graduate+5.1%

Community

Commute24 min

Did You Know?

17.8% work from home.