Millet, AB
Full City Profile · Alberta
3.0
/5.0
B
Good
1,890
Population
739/sq mi density
$81,000
Median Income
$51,000 per capita
$276,000
Home Value
$1,210
Median Rent
18.9% income on rent
37°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$81,000 median income, 9.4% unemployment
A+
Affordability
4.8 / 5.0
$276,000 home value, $1,210/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.6% bachelor's degree or higher
Housing Overview
Median Home Value
$276,000
2% below
US avg: $281,900
Median Rent
$1,210/mo
4% above
US avg: $1,163/mo
Homeownership Rate
82.5%
26% above US avg (65.4%)
Total Housing Units
800
Ownership vs. Renting
82.5%
Owner-Occupied
17.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
18.9%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Homeownership Rate
82.5%
Complete Housing Data
Home Values
| Census Median Value | $276,000 |
Rent
| Census Median Rent | $1,210 |
Market
Ownership & Stock
| Owner-Occupied | 82.5% |
| Renter-Occupied | 17.5% |
| Homeownership Rate | 82.5% |
| Total Housing Units | 800 |
| Rent Burden | 18.9% |