Peace River, AB

Full City Profile · Alberta

3.3 /5.0
B Good
6,619 Population 677/sq mi density
$100,000 Median Income $60,900 per capita
$300,000 Home Value
$1,100 Median Rent 18.4% income on rent
42°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$100,000 median income, 7.9% unemployment
A+
Affordability
5.0 / 5.0
$300,000 home value, $1,100/mo rent
C+
Safety
2.5 / 5.0
D
Education
2.0 / 5.0
12.3% bachelor's degree or higher

Peace River, AB

At a Glance

Median Income
$100,000
33% above
$60,900 per capita
Home Value
$300,000
6% above
Median Rent
$1,100/mo
5% below
18.4% of income on rent
Bachelor's Degree+
12.3%
64% below
31.3% high school+
Unemployment
7.9%
119% above
9.0% poverty rate
Avg Temperature
42°F

How Peace River Compares to the U.S. Average

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

Income
133%
Home Value
106%
Rent
95%
Poverty
73%
Bachelor's
36%
Unemployment
219%
Thin vertical line = U.S. national average (100%)

Is Peace River a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Peace River residents earn a median household income of $100,000 , which is 33% above the national average of $75,149. Per capita income is $60,900. The unemployment rate stands at 7.9% (119% above the U.S. rate of 3.6%). 9.0% of residents live below the poverty line. The area is home to 205 business establishments.

Housing & Cost of Living

The median home value in Peace River is $300,000 , 6% above the national median of $281,900. Median rent is $1,100/month, with 18.4% of renters spending more than 30% of income on housing.

Education

12.3% of adults in Peace River hold a bachelor's degree or higher (64% below the national average). 31.3% have completed high school.

Climate & Weather

Peace River has an average annual temperature of 42°F (6°C). Winters average 19°F in January while summers reach 66°F in July. Annual precipitation totals 19.6 inches.

Data Overview

People

Population6,619
Median Age35.6 yrs
Density677/mi²
Male / Female50% / 50%

Economy

B+
Median Income$100,000
Per Capita$60,900
Unemployment7.9%
Poverty9.0%
Avg Weekly Wage$1,171

Housing

A+
Home Value$300,000
Rent$1,100
Ownership59.1%
Housing Units2,590
Rent Burden18.4%

Crime

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

Climate

Avg Temp42°F
Rain19.6 in/yr
Elevation1,086 ft

Education

D
Bachelor's+12.3%
High School+31.3%
Graduate+3.5%

Community

Commute18 min