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Silver Beach, AB

Full City Profile · Alberta

3.5 /5.0
B+ Good
55 Population 234/sq mi density
$82,896 Median Income $50,913 per capita
$290,615 Home Value
$1,091 Median Rent 27.6% income on rent
37°F Avg Temperature 299 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$82,896 median income, 5.1% unemployment
A+
Affordability
4.7 / 5.0
$290,615 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.1 / 5.0
26.7% bachelor's degree or higher

Silver Beach, AB

At a Glance

Median Income
$82,896
10% above
$50,913 per capita
Home Value
$290,615
3% above
Median Rent
$1,091/mo
6% below
27.6% of income on rent
Bachelor's Degree+
26.7%
21% below
0.0% high school+
Unemployment
5.1%
42% above
12.9% poverty rate
Avg Temperature
37°F
299 sunny days/yr

How Silver Beach Compares to the U.S. Average

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

Income
110%
Home Value
103%
Rent
94%
Poverty
104%
Bachelor's
79%
Unemployment
142%
Thin vertical line = U.S. national average (100%)

Is Silver Beach a Good Place to Live?

B+
3.5 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Silver Beach residents earn a median household income of $82,896 , which is 10% above the national average of $75,149. Per capita income is $50,913. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 12.9% of residents live below the poverty line. The area is home to 2 business establishments.

Housing & Cost of Living

The median home value in Silver Beach is $290,615 , 3% above the national median of $281,900. Median rent is $1,091/month, with 27.6% of renters spending more than 30% of income on housing.

Education

26.7% of adults in Silver Beach hold a bachelor's degree or higher (21% below the national average). 0.0% have completed high school.

Climate & Weather

Silver Beach has an average annual temperature of 37°F (3°C). Winters average 10°F in January while summers reach 60°F in July. The area gets 299 sunny days per year. Annual precipitation totals 20.3 inches.

Data Overview

People

Population55
Median Age71.0 yrs
Density234/mi²
Male / Female45% / 55%

Economy

B+
Median Income$82,896
Per Capita$50,913
Unemployment5.1%
Poverty12.9%
Avg Weekly Wage$979

Housing

A+
Home Value$290,615
Rent$1,091
Ownership100.0%
Housing Units25
Rent Burden27.6%

Crime

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

Climate

Avg Temp37°F
Sunny Days299/yr
Rain20.3 in/yr
Elevation2,815 ft

Education

B
Bachelor's+26.7%
High School+0.0%
Graduate+0.0%

Community

Commute25 min

Did You Know?

50.0% work from home.