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Okotoks, AB
Full City Profile · Alberta
3.3
/5.0
B
Good
30,405
Population
2,043/sq mi density
$117,000
Median Income
$64,400 per capita
$452,000
Home Value
$1,520
Median Rent
17.2% income on rent
42°F
Avg Temperature
301 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$117,000 median income, 9.2% unemployment
A+
Affordability
4.5 / 5.0
$452,000 home value, $1,520/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher
Housing Overview
Median Home Value
$452,000
60% above
US avg: $281,900
Median Rent
$1,520/mo
31% above
US avg: $1,163/mo
Homeownership Rate
85.7%
31% above US avg (65.4%)
Total Housing Units
10,480
Ownership vs. Renting
85.7%
Owner-Occupied
14.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
17.2%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Homeownership Rate
85.7%
Complete Housing Data
Home Values
| Census Median Value | $452,000 |
Rent
| Census Median Rent | $1,520 |
Market
Ownership & Stock
| Owner-Occupied | 85.7% |
| Renter-Occupied | 14.3% |
| Homeownership Rate | 85.7% |
| Total Housing Units | 10,480 |
| Rent Burden | 17.2% |