Is Prince Albert a Good Place to Live?
Based on current data, Prince Albert receives an overall livability score of 3.1 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate. Prince Albert offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Prince Albert is $74,500, roughly in line with the national average of $75,149. At 11.5%, unemployment is notably high. The poverty rate of 16.6% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 17 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Prince Albert is $250,000, 11% below the national median — offering relatively affordable homeownership. Renters pay a median of $950 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.4x indicates a reasonably affordable housing market.
Education
11.8% of residents hold a bachelor's degree, below the national average of 33.7%. 34.5% have completed high school.
Climate & Weather
Prince Albert has a cool climate with an average annual temperature of 36°F. Winters average 6°F in January while summers reach 64°F in July. Annual precipitation totals 17.8 inches, including 38.0 inches of snow.