Redwater, AB

Alberta

Redwater is a small town in Alberta with a population of 2,115. Residents earn $78,500 per year, which is 4% above the national average.

3.1 /5.0
B Good
2,115 Population 275/sq mi density
$78,500 Median Income $54,400 per capita
$266,000 Home Value
$1,200 Median Rent 24.4% income on rent
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$78,500 median income, 16.4% unemployment
A+
Affordability
4.8 / 5.0
$266,000 home value, $1,200/mo rent
D
Education
1.6 / 5.0
8.0% bachelor's degree or higher
Median Income $78,500
4% higher than US avg
Home Value $266,000
6% lower than US avg
Bachelor's+ 8.0%
76% lower than US avg
Median Rent $1,200
3% higher than US avg
Unemployment 16.4%
356% higher than US avg
Poverty Rate 11.7%
6% lower than US avg

How Redwater Compares to the U.S. Average (100% = U.S. avg)

People

Population2,115
Median Age42.4 yrs
Density275/mi²
Male / Female51% / 49%
Largest GroupWhite 94%

Economy

B
Median Income$78,500
Per Capita$54,400
Unemployment16.4%
Poverty11.7%
Commute32 min

Housing

A+
Home Value$266,000
Rent$1,200
OwnershipN/A
Housing Units870
Rent Burden24.4%

Climate

Avg TempN/A
Elevation2,070 ft (631 m)

Education

D
Bachelor's+8.0%
High School+33.3%
Graduate+1.2%

Community

Commute32 min

Is Redwater a Good Place to Live?

Based on current data, Redwater receives an overall livability score of 3.1 out of 5.0, earning a grade of B. Areas to be aware of include above-average unemployment. Redwater offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Redwater is $78,500, roughly in line with the national average of $75,149. At 16.4%, unemployment is notably high. 11.7% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 32 minutes.

Cost of Living & Housing

The median home value in Redwater is $266,000, roughly aligned with the national median of $281,900. Renters pay a median of $1,200 per month. A price-to-income ratio of 3.4x indicates a reasonably affordable housing market.

Education

8.0% of residents hold a bachelor's degree, below the national average of 33.7%. 33.3% have completed high school.

Redwater has a population of 2,115 with a density of 275 people per square mile. The median age is 42.4 years, 9% older than the national median of 38.9. The city is predominantly White (94.2%), with 2.9% Asian.

Population

2,115
Total Population
275
People / sq mi
42.4yrs
Median Age
9% above US avg
7.7mi²
Land Area

Gender Distribution

Male 50.8%
Female 49.2%

Race & Ethnicity

Redwater vs U.S. Average

Language Spoken at Home

English Only93.4%
19% above US avg
Spanish1.2%
91% below US avg
Other Languages5.4%

Social Characteristics

Redwater vs U.S. Average

The median household income in Redwater is $78,500, which is 4% above the national average of $75,149. The unemployment rate is 16.4% (above the 3.6% US average). 11.7% of residents live below the poverty line. Workers commute an average of 32 minutes.

Income: Redwater vs U.S.

Commute Mode

Income

Median HH Income$78,500
4% above US avg
Per Capita Income$54,400

Employment & Poverty

Unemployment16.4%
356% above US avg
Poverty Rate11.7%
6% below US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time32.1 min
Drive Alone81.4%
Public Transit0.0%
Work from Home15.9%

Walkability

The median home value in Redwater is $266,000, 6% below the national average. Monthly rent averages $1,200 (3% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$266,000
6% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,200
3% above US avg
Rent Burden24.4%

Ownership & Property

Owner-Occupied67.8%
Renter-Occupied32.2%
Housing Units870

Property Tax

8.0% of residents hold a bachelor's degree or higher (76% below US avg).

Education

Bachelor's Degree+8.0%
76% below US avg
High School+33.3%
Graduate Degree+1.2%
D Education Grade (1.6/5.0)

Urban-Rural Classification

Population Density275/sq mi
Total Area7.7 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute32.1 min
Drive Alone81.4%
Public Transit0.0%
Work from Home15.9%

Nearby Cities

Bruderheim, AB 1,329 pop · 12.5 mi Gibbons, AB 3,218 pop · 12.5 mi Bon Accord, AB 1,461 pop · 15.2 mi Lamont, AB 3,754 pop · 17.6 mi Fort Saskatchewan, AB 27,088 pop · 18.0 mi Sturgeon County, AB 20,061 pop · 19.4 mi Legal, AB 1,232 pop · 20.1 mi Thorhild County, AB 3,042 pop · 20.9 mi Evergreen, AB 1,451 pop · 24.3 mi Morinville, AB 10,385 pop · 24.7 mi Fraser, AB 3,276 pop · 25.9 mi Brintnell, AB 5,178 pop · 26.0 mi Kirkness, AB 3,735 pop · 26.2 mi Hollick-Kenyon, AB 5,189 pop · 26.2 mi
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