All Countries
Morinville, AB
Full City Profile · Alberta
3.2
/5.0
B
Good
10,385
Population
2,411/sq mi density
$108,000
Median Income
$60,950 per capita
$348,000
Home Value
$1,410
Median Rent
16.9% income on rent
41°F
Avg Temperature
278 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$108,000 median income, 10.0% unemployment
A+
Affordability
4.9 / 5.0
$348,000 home value, $1,410/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
8.1% bachelor's degree or higher
Housing Overview
Median Home Value
$348,000
23% above
US avg: $281,900
Median Rent
$1,410/mo
21% above
US avg: $1,163/mo
Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
3,770
Ownership vs. Renting
83.3%
Owner-Occupied
16.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
16.9%
of renters spending 30%+ of income on housing
45% below US avg (31.0%)
Homeownership Rate
83.3%
Complete Housing Data
Home Values
| Census Median Value | $348,000 |
Rent
| Census Median Rent | $1,410 |
Market
Ownership & Stock
| Owner-Occupied | 83.3% |
| Renter-Occupied | 16.6% |
| Homeownership Rate | 83.3% |
| Total Housing Units | 3,770 |
| Rent Burden | 16.9% |