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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
Housing Overview
Median Home Value
$240,000
15% below
US avg: $281,900
Median Rent
$1,091/mo
6% below
US avg: $1,163/mo
Homeownership Rate
93.1%
42% above US avg (65.4%)
Total Housing Units
290
Ownership vs. Renting
93.1%
Owner-Occupied
8.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Homeownership Rate
93.1%
Complete Housing Data
Home Values
| Census Median Value | $240,000 |
Rent
| Census Median Rent | $1,091 |
Market
Ownership & Stock
| Owner-Occupied | 93.1% |
| Renter-Occupied | 8.6% |
| Homeownership Rate | 93.1% |
| Total Housing Units | 290 |
| Rent Burden | 30.5% |