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Picture Butte, AB
Full City Profile · Alberta
3.2
/5.0
B
Good
1,930
Population
1,657/sq mi density
$81,000
Median Income
$44,280 per capita
$274,000
Home Value
$1,150
Median Rent
16.1% income on rent
42°F
Avg Temperature
309 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$81,000 median income, 3.5% unemployment
A+
Affordability
4.8 / 5.0
$274,000 home value, $1,150/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
5.1% bachelor's degree or higher
Housing Overview
Median Home Value
$274,000
3% below
US avg: $281,900
Median Rent
$1,150/mo
1% below
US avg: $1,163/mo
Homeownership Rate
79.0%
21% above US avg (65.4%)
Total Housing Units
690
Ownership vs. Renting
79.0%
Owner-Occupied
20.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
16.1%
of renters spending 30%+ of income on housing
48% below US avg (31.0%)
Homeownership Rate
79.0%
Complete Housing Data
Home Values
| Census Median Value | $274,000 |
Rent
| Census Median Rent | $1,150 |
Market
Ownership & Stock
| Owner-Occupied | 79.0% |
| Renter-Occupied | 20.3% |
| Homeownership Rate | 79.0% |
| Total Housing Units | 690 |
| Rent Burden | 16.1% |