Penhold, AB

Full City Profile · Alberta

3.2 /5.0
B Good
3,484 Population 806/sq mi density
$98,000 Median Income $58,250 per capita
$300,000 Home Value
$1,290 Median Rent 17.4% income on rent
37°F Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$98,000 median income, 11.4% unemployment
A+
Affordability
5.0 / 5.0
$300,000 home value, $1,290/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.0% bachelor's degree or higher

Income Overview

Median Household Income
$98,000
30% above
US avg: $75,149
Per Capita Income
$58,250
49% above
US avg: $39,052
Unemployment Rate
11.4%
217% above
US avg: 3.6%
Poverty Rate
6.7%
46% below
US avg: 12.4%

Income Comparison: Penhold vs. U.S. Average

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

Median Household
US: $75,149
$98,000
130%
Per Capita
US: $39,052
$58,250
149%
Avg Weekly Wage
US: $1,432
$1,120
78%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,120
22% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
10.1%
34% below US avg (15.2%)
Drive Alone
92.7%
27% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)

How Residents Get to Work

Drive Alone 92.7%
Public Transit 0%
Work From Home 10.1%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
108

Complete Economy Data

Income & Wages

Median Household Income$98,000
Per Capita Income$58,250
Avg Weekly Wage$1,120

Hardship Indicators

Unemployment Rate11.4%
Poverty Rate6.7%

Commute

Mean Commute25 minutes
Drive Alone92.7%
Public Transit0.0%
Work From Home10.1%

Businesses

Total Establishments108

Tax