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Milk River, AB

Full City Profile · Alberta

2.9 /5.0
C+ Fair
824 Population 883/sq mi density
$64,000 Median Income $44,300 per capita
$160,000 Home Value
$632 Median Rent 16.3% income on rent
43°F Avg Temperature 310 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$64,000 median income, 9.2% unemployment
A+
Affordability
5.0 / 5.0
$160,000 home value, $632/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.6% bachelor's degree or higher

Milk River, AB

At a Glance

Median Income
$64,000
15% below
$44,300 per capita
Home Value
$160,000
43% below
Median Rent
$632/mo
46% below
16.3% of income on rent
Bachelor's Degree+
6.6%
80% below
27.9% high school+
Unemployment
9.2%
156% above
14.6% poverty rate
Avg Temperature
43°F
310 sunny days/yr

How Milk River Compares to the U.S. Average

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

Income
85%
Home Value
57%
Rent
54%
Poverty
118%
Bachelor's
20%
Unemployment
256%
Thin vertical line = U.S. national average (100%)

Is Milk River a Good Place to Live?

C+
2.9 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Milk River residents earn a median household income of $64,000 , which is 15% below the national average of $75,149. Per capita income is $44,300. The unemployment rate stands at 9.2% (156% above the U.S. rate of 3.6%). 14.6% of residents live below the poverty line. The area is home to 26 business establishments.

Housing & Cost of Living

The median home value in Milk River is $160,000 , 43% below the national median of $281,900. Median rent is $632/month, with 16.3% of renters spending more than 30% of income on housing.

Education

6.6% of adults in Milk River hold a bachelor's degree or higher (80% below the national average). 27.9% have completed high school.

Climate & Weather

Milk River has an average annual temperature of 43°F (6°C). Winters average 19°F in January while summers reach 66°F in July. The area gets 310 sunny days per year. Annual precipitation totals 14.6 inches.

Data Overview

People

Population824
Median Age57.2 yrs
Density883/mi²
Male / Female47% / 53%

Economy

C+
Median Income$64,000
Per Capita$44,300
Unemployment9.2%
Poverty14.6%
Avg Weekly Wage$852

Housing

A+
Home Value$160,000
Rent$632
Ownership72.5%
Housing Units400
Rent Burden16.3%

Crime

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

Climate

Avg Temp43°F
Sunny Days310/yr
Rain14.6 in/yr
Elevation3,491 ft

Education

D
Bachelor's+6.6%
High School+27.9%
Graduate+2.2%

Community

Commute23 min