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Smoky Lake, AB

Full City Profile · Alberta

2.9 /5.0
C+ Fair
3,874 Population 3/sq mi density
$61,600 Median Income $48,600 per capita
$200,000 Home Value
$900 Median Rent 20.5% income on rent
35°F Avg Temperature 304 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$61,600 median income, 8.5% unemployment
A+
Affordability
4.9 / 5.0
$200,000 home value, $900/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.6% bachelor's degree or higher

Housing Overview

Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$900/mo
23% below
US avg: $1,163/mo
Homeownership Rate
73.0%
12% above US avg (65.4%)
Total Housing Units
445

Ownership vs. Renting

73.0%
Owner-Occupied
27.0%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
20.5%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Homeownership Rate
73.0%

Complete Housing Data

Home Values

Census Median Value$200,000

Rent

Census Median Rent$900

Market

Ownership & Stock

Owner-Occupied73.0%
Renter-Occupied27.0%
Homeownership Rate73.0%
Total Housing Units445
Rent Burden20.5%