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Nanton, AB
Full City Profile · Alberta
3.0
/5.0
B
Good
2,167
Population
1,098/sq mi density
$77,000
Median Income
$46,160 per capita
$300,000
Home Value
$1,070
Median Rent
22.1% income on rent
40°F
Avg Temperature
304 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$77,000 median income, 9.1% unemployment
A
Affordability
4.5 / 5.0
$300,000 home value, $1,070/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
9.2% bachelor's degree or higher
Housing Overview
Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$1,070/mo
8% below
US avg: $1,163/mo
Homeownership Rate
80.5%
23% above US avg (65.4%)
Total Housing Units
950
Ownership vs. Renting
80.5%
Owner-Occupied
20.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
22.1%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Homeownership Rate
80.5%
Complete Housing Data
Home Values
| Census Median Value | $300,000 |
Rent
| Census Median Rent | $1,070 |
Market
Ownership & Stock
| Owner-Occupied | 80.5% |
| Renter-Occupied | 20.0% |
| Homeownership Rate | 80.5% |
| Total Housing Units | 950 |
| Rent Burden | 22.1% |