Is Smoky Lake a Good Place to Live?
Based on current data, Smoky Lake receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include affordable housing, abundant sunshine, strong internet connectivity. Areas to be aware of include above-average unemployment, an elevated poverty rate. Smoky Lake offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Smoky Lake is $61,600, 18% below the national average of $75,149. At 8.5%, unemployment is notably high. The poverty rate of 17.2% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 19 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Smoky Lake is $200,000, 29% below the national median — offering relatively affordable homeownership. Renters pay a median of $900 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.2x indicates a reasonably affordable housing market.
Education
6.6% of residents hold a bachelor's degree, below the national average of 33.7%. 27.2% have completed high school.
Climate & Weather
Smoky Lake has a cool climate with an average annual temperature of 35°F. Winters average 5°F in January while summers reach 61°F in July. With 304 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 17.5 inches. Air quality is rated Good with a median AQI of 27.