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Myrnam, AB

Full City Profile · Alberta

3.1 /5.0
B Good
257 Population 242/sq mi density
$82,896 Median Income $50,913 per capita
$90,000 Home Value
$1,091 Median Rent 27.6% income on rent
35°F Avg Temperature 307 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$82,896 median income, 21.4% unemployment
A+
Affordability
5.0 / 5.0
$90,000 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.8% bachelor's degree or higher

Myrnam, AB

At a Glance

Median Income
$82,896
10% above
$50,913 per capita
Home Value
$90,000
68% below
Median Rent
$1,091/mo
6% below
27.6% of income on rent
Bachelor's Degree+
8.8%
74% below
32.4% high school+
Unemployment
21.4%
494% above
12.9% poverty rate
Avg Temperature
35°F
307 sunny days/yr

How Myrnam Compares to the U.S. Average

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

Income
110%
Home Value
32%
Rent
94%
Poverty
104%
Bachelor's
26%
Unemployment
594%
Thin vertical line = U.S. national average (100%)

Is Myrnam 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

Myrnam residents earn a median household income of $82,896 , which is 10% above the national average of $75,149. Per capita income is $50,913. The unemployment rate stands at 21.4% (494% above the U.S. rate of 3.6%). 12.9% of residents live below the poverty line. The area is home to 8 business establishments.

Housing & Cost of Living

The median home value in Myrnam is $90,000 , 68% below the national median of $281,900. Median rent is $1,091/month, with 27.6% of renters spending more than 30% of income on housing.

Education

8.8% of adults in Myrnam hold a bachelor's degree or higher (74% below the national average). 32.4% have completed high school.

Climate & Weather

Myrnam has an average annual temperature of 35°F (2°C). Winters average 4°F in January while summers reach 61°F in July. The area gets 307 sunny days per year. Annual precipitation totals 16.0 inches.

Data Overview

People

Population257
Median Age56.0 yrs
Density242/mi²
Male / Female49% / 53%

Economy

B
Median Income$82,896
Per Capita$50,913
Unemployment21.4%
Poverty12.9%
Avg Weekly Wage$979

Housing

A+
Home Value$90,000
Rent$1,091
Ownership81.8%
Housing Units110
Rent Burden27.6%

Crime

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

Climate

Avg Temp35°F
Sunny Days307/yr
Rain16.0 in/yr
Elevation1,978 ft

Education

D
Bachelor's+8.8%
High School+32.4%
Graduate+0.0%

Community

Commute27 min