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Slave Lake, AB
Full City Profile · Alberta
3.3
/5.0
B
Good
6,836
Population
1,237/sq mi density
$111,000
Median Income
$57,800 per capita
$320,000
Home Value
$1,430
Median Rent
20.0% income on rent
41°F
Avg Temperature
262 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$111,000 median income, 9.6% unemployment
A+
Affordability
5.0 / 5.0
$320,000 home value, $1,430/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.0 / 5.0
12.6% bachelor's degree or higher
Housing Overview
Median Home Value
$320,000
14% above
US avg: $281,900
Median Rent
$1,430/mo
23% above
US avg: $1,163/mo
Homeownership Rate
65.7%
0% below US avg (65.4%)
Total Housing Units
2,405
Ownership vs. Renting
65.7%
Owner-Occupied
34.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
20.0%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Homeownership Rate
65.7%
Complete Housing Data
Home Values
| Census Median Value | $320,000 |
Rent
| Census Median Rent | $1,430 |
Market
Ownership & Stock
| Owner-Occupied | 65.7% |
| Renter-Occupied | 34.3% |
| Homeownership Rate | 65.7% |
| Total Housing Units | 2,405 |
| Rent Burden | 20.0% |