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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
Income Overview
Median Household Income
$82,000
9% above
US avg: $75,149
Per Capita Income
$54,550
40% above
US avg: $39,052
Unemployment Rate
9.8%
172% above
US avg: 3.6%
Poverty Rate
9.0%
27% below
US avg: 12.4%
Income Comparison: Olds vs. U.S. Average
Each bar shows Olds’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$82,000
109%
Per Capita
US: $39,052
$54,550
140%
Avg Weekly Wage
US: $1,432
$1,049
73%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,049
27% below US avg ($1,432)
Mean Commute Time
21 min
25% below US avg (28 min)
Work From Home
13.4%
12% below US avg (15.2%)
Drive Alone
87.6%
20% above US avg (73.2%)
Public Transit
0.3%
95% below US avg (5.0%)
How Residents Get to Work
Drive Alone
87.6%
Public Transit
0.3%
Work From Home
13.4%
Average commute time
21 minutes
US avg: 28 min
Business Landscape
Total Establishments
285
Complete Economy Data
Income & Wages
| Median Household Income | $82,000 |
| Per Capita Income | $54,550 |
| Avg Weekly Wage | $1,049 |
Hardship Indicators
| Unemployment Rate | 9.8% |
| Poverty Rate | 9.0% |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 87.6% |
| Public Transit | 0.3% |
| Work From Home | 13.4% |
Businesses
| Total Establishments | 285 |