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Special Area No. 2, AB
Full City Profile · Alberta
3.3
/5.0
B
Good
1,236
Population
1/sq mi density
$89,000
Median Income
$55,500 per capita
$250,000
Home Value
$900
Median Rent
14.0% income on rent
38°F
Avg Temperature
312 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$89,000 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$250,000 home value, $900/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.3% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$900/mo
23% below
US avg: $1,163/mo
Homeownership Rate
85.7%
31% above US avg (65.4%)
Total Housing Units
420
Ownership vs. Renting
85.7%
Owner-Occupied
15.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
14.0%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Homeownership Rate
85.7%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $900 |
Market
Ownership & Stock
| Owner-Occupied | 85.7% |
| Renter-Occupied | 15.5% |
| Homeownership Rate | 85.7% |
| Total Housing Units | 420 |
| Rent Burden | 14.0% |