Redwater, AB

Full City Profile · Alberta

3.0 /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
36°F Avg Temperature
B
Overall
3.0 / 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
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
8.0% bachelor's degree or higher

Redwater, AB

At a Glance

Median Income
$78,500
4% above
$54,400 per capita
Home Value
$266,000
6% below
Median Rent
$1,200/mo
3% above
24.4% of income on rent
Bachelor's Degree+
8.0%
76% below
33.3% high school+
Unemployment
16.4%
356% above
11.7% poverty rate
Avg Temperature
36°F

How Redwater Compares to the U.S. Average

Each bar shows Redwater's value as a percentage of the national average (100% = U.S. avg)

Income
104%
Home Value
94%
Rent
103%
Poverty
94%
Bachelor's
24%
Unemployment
456%
Thin vertical line = U.S. national average (100%)

Is Redwater a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Redwater residents earn a median household income of $78,500 , which is 4% above the national average of $75,149. Per capita income is $54,400. The unemployment rate stands at 16.4% (356% above the U.S. rate of 3.6%). 11.7% of residents live below the poverty line. The area is home to 66 business establishments.

Housing & Cost of Living

The median home value in Redwater is $266,000 , 6% below the national median of $281,900. Median rent is $1,200/month, with 24.4% of renters spending more than 30% of income on housing.

Education

8.0% of adults in Redwater hold a bachelor's degree or higher (76% below the national average). 33.3% have completed high school.

Climate & Weather

Redwater has an average annual temperature of 36°F (2°C). Winters average 4°F in January while summers reach 61°F in July. Annual precipitation totals 18.3 inches.

Data Overview

People

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

Economy

B
Median Income$78,500
Per Capita$54,400
Unemployment16.4%
Poverty11.7%
Avg Weekly Wage$1,046

Housing

A+
Home Value$266,000
Rent$1,200
Ownership67.8%
Housing Units870
Rent Burden24.4%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp36°F
Rain18.3 in/yr
Elevation2,070 ft

Education

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

Community

Commute32 min

Did You Know?

15.9% work from home.