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Olds, AB

Full City Profile · Alberta

3.0 /5.0
B Good
9,209 Population 1,599/sq mi density
$82,000 Median Income $54,550 per capita
$340,000 Home Value
$1,210 Median Rent 19.0% income on rent
42°F Avg Temperature 287 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$82,000 median income, 9.8% unemployment
A
Affordability
4.3 / 5.0
$340,000 home value, $1,210/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.0 / 5.0
12.7% bachelor's degree or higher

Olds, AB

At a Glance

Median Income
$82,000
9% above
$54,550 per capita
Home Value
$340,000
21% above
Median Rent
$1,210/mo
4% above
19.0% of income on rent
Bachelor's Degree+
12.7%
62% below
30.3% high school+
Unemployment
9.8%
172% above
9.0% poverty rate
Avg Temperature
42°F
287 sunny days/yr

How Olds Compares to the U.S. Average

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

Income
109%
Home Value
121%
Rent
104%
Poverty
73%
Bachelor's
38%
Unemployment
272%
Thin vertical line = U.S. national average (100%)

Is Olds a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Olds residents earn a median household income of $82,000 , which is 9% above the national average of $75,149. Per capita income is $54,550. The unemployment rate stands at 9.8% (172% above the U.S. rate of 3.6%). 9.0% of residents live below the poverty line. The area is home to 285 business establishments.

Housing & Cost of Living

The median home value in Olds is $340,000 , 21% above the national median of $281,900. Median rent is $1,210/month, with 19.0% of renters spending more than 30% of income on housing.

Education

12.7% of adults in Olds hold a bachelor's degree or higher (62% below the national average). 30.3% have completed high school.

Climate & Weather

Olds has an average annual temperature of 42°F (5°C). Winters average 23°F in January while summers reach 63°F in July. The area gets 287 sunny days per year. Annual precipitation totals 20.7 inches.

Data Overview

People

Population9,209
Median Age43.6 yrs
Density1,599/mi²
Male / Female48% / 52%

Economy

B
Median Income$82,000
Per Capita$54,550
Unemployment9.8%
Poverty9.0%
Avg Weekly Wage$1,049

Housing

A
Home Value$340,000
Rent$1,210
Ownership72.4%
Housing Units3,810
Rent Burden19.0%

Crime

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

Climate

Avg Temp42°F
Sunny Days287/yr
Rain20.7 in/yr
Elevation3,412 ft

Education

C
Bachelor's+12.7%
High School+30.3%
Graduate+2.8%

Community

Commute21 min