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
Housing Overview
Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$1,290/mo
11% above
US avg: $1,163/mo
Homeownership Rate
80.0%
22% above US avg (65.4%)
Total Housing Units
1,325
Ownership vs. Renting
80.0%
Owner-Occupied
20.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
17.4%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Homeownership Rate
80.0%
Complete Housing Data
Home Values
| Census Median Value | $300,000 |
Rent
| Census Median Rent | $1,290 |
Market
Ownership & Stock
| Owner-Occupied | 80.0% |
| Renter-Occupied | 20.0% |
| Homeownership Rate | 80.0% |
| Total Housing Units | 1,325 |
| Rent Burden | 17.4% |