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McLennan, AB
Full City Profile · Alberta
3.1
/5.0
B
Good
695
Population
503/sq mi density
$83,000
Median Income
$53,400 per capita
$125,000
Home Value
$840
Median Rent
6.3% income on rent
34°F
Avg Temperature
304 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$83,000 median income, 9.7% unemployment
A+
Affordability
5.0 / 5.0
$125,000 home value, $840/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher
Housing Overview
Median Home Value
$125,000
56% below
US avg: $281,900
Median Rent
$840/mo
28% below
US avg: $1,163/mo
Homeownership Rate
63.8%
2% below US avg (65.4%)
Total Housing Units
235
Ownership vs. Renting
63.8%
Owner-Occupied
38.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
6.3%
of renters spending 30%+ of income on housing
80% below US avg (31.0%)
Homeownership Rate
63.8%
Complete Housing Data
Home Values
| Census Median Value | $125,000 |
Rent
| Census Median Rent | $840 |
Market
Ownership & Stock
| Owner-Occupied | 63.8% |
| Renter-Occupied | 38.3% |
| Homeownership Rate | 63.8% |
| Total Housing Units | 235 |
| Rent Burden | 6.3% |