All Countries
Red Deer, AB
Full City Profile · Alberta
3.1
/5.0
B
Good
19,933
Population
13/sq mi density
$85,000
Median Income
$56,250 per capita
$340,000
Home Value
$1,160
Median Rent
21.4% income on rent
41°F
Avg Temperature
282 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$85,000 median income, 12.3% unemployment
A
Affordability
4.4 / 5.0
$340,000 home value, $1,160/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.0 / 5.0
13.0% bachelor's degree or higher
Housing Overview
Median Home Value
$340,000
21% above
US avg: $281,900
Median Rent
$1,160/mo
0% below
US avg: $1,163/mo
Homeownership Rate
64.8%
1% below US avg (65.4%)
Total Housing Units
40,510
Ownership vs. Renting
64.8%
Owner-Occupied
35.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
21.4%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Homeownership Rate
64.8%
Complete Housing Data
Home Values
| Census Median Value | $340,000 |
Rent
| Census Median Rent | $1,160 |
Market
Ownership & Stock
| Owner-Occupied | 64.8% |
| Renter-Occupied | 35.2% |
| Homeownership Rate | 64.8% |
| Total Housing Units | 40,510 |
| Rent Burden | 21.4% |