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Mundare, AB

Full City Profile · Alberta

3.1 /5.0
B Good
689 Population 433/sq mi density
$68,500 Median Income $49,000 per capita
$240,000 Home Value
$1,091 Median Rent 30.5% income on rent
36°F Avg Temperature 305 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$68,500 median income, 5.0% unemployment
A+
Affordability
4.7 / 5.0
$240,000 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher

Mundare, AB

At a Glance

Median Income
$68,500
9% below
$49,000 per capita
Home Value
$240,000
15% below
Median Rent
$1,091/mo
6% below
30.5% of income on rent
Bachelor's Degree+
7.5%
78% below
30.8% high school+
Unemployment
5.0%
39% above
12.2% poverty rate
Avg Temperature
36°F
305 sunny days/yr

How Mundare Compares to the U.S. Average

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

Income
91%
Home Value
85%
Rent
94%
Poverty
98%
Bachelor's
22%
Unemployment
139%
Thin vertical line = U.S. national average (100%)

Is Mundare a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Mundare residents earn a median household income of $68,500 , which is 9% below the national average of $75,149. Per capita income is $49,000. The unemployment rate stands at 5.0% (39% above the U.S. rate of 3.6%). 12.2% of residents live below the poverty line. The area is home to 21 business establishments.

Housing & Cost of Living

The median home value in Mundare is $240,000 , 15% below the national median of $281,900. Median rent is $1,091/month, with 30.5% of renters spending more than 30% of income on housing.

Education

7.5% of adults in Mundare hold a bachelor's degree or higher (78% below the national average). 30.8% have completed high school.

Climate & Weather

Mundare has an average annual temperature of 36°F (2°C). Winters average 6°F in January while summers reach 61°F in July. The area gets 305 sunny days per year. Annual precipitation totals 16.9 inches.

Data Overview

People

Population689
Median Age50.4 yrs
Density433/mi²
Male / Female48% / 52%

Economy

B+
Median Income$68,500
Per Capita$49,000
Unemployment5.0%
Poverty12.2%
Avg Weekly Wage$942

Housing

A+
Home Value$240,000
Rent$1,091
Ownership93.1%
Housing Units290
Rent Burden30.5%

Crime

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

Climate

Avg Temp36°F
Sunny Days305/yr
Rain16.9 in/yr
Elevation2,260 ft

Education

D
Bachelor's+7.5%
High School+30.8%
Graduate+0.0%

Community

Commute33 min