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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
Housing Overview
Median Home Value
$340,000
21% above
US avg: $281,900
Median Rent
$1,210/mo
4% above
US avg: $1,163/mo
Homeownership Rate
72.4%
11% above US avg (65.4%)
Total Housing Units
3,810
Ownership vs. Renting
72.4%
Owner-Occupied
27.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
19.0%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Homeownership Rate
72.4%
Complete Housing Data
Home Values
| Census Median Value | $340,000 |
Rent
| Census Median Rent | $1,210 |
Market
Ownership & Stock
| Owner-Occupied | 72.4% |
| Renter-Occupied | 27.7% |
| Homeownership Rate | 72.4% |
| Total Housing Units | 3,810 |
| Rent Burden | 19.0% |