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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
260 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
$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
Housing Overview
Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$1,100/mo
5% below
US avg: $1,163/mo
Homeownership Rate
59.1%
10% below US avg (65.4%)
Total Housing Units
2,590
Ownership vs. Renting
59.1%
Owner-Occupied
40.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
18.4%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Homeownership Rate
59.1%
Complete Housing Data
Home Values
| Census Median Value | $300,000 |
Rent
| Census Median Rent | $1,100 |
Market
Ownership & Stock
| Owner-Occupied | 59.1% |
| Renter-Occupied | 40.9% |
| Homeownership Rate | 59.1% |
| Total Housing Units | 2,590 |
| Rent Burden | 18.4% |