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Spring Lake, AB

Full City Profile · Alberta

3.2 /5.0
B Good
711 Population 809/sq mi density
$122,000 Median Income $71,600 per capita
$500,000 Home Value
$1,320 Median Rent 10.5% income on rent
37°F Avg Temperature 301 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$122,000 median income, 8.5% unemployment
A
Affordability
4.4 / 5.0
$500,000 home value, $1,320/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.5% bachelor's degree or higher

Income Overview

Median Household Income
$122,000
62% above
US avg: $75,149
Per Capita Income
$71,600
83% above
US avg: $39,052
Unemployment Rate
8.5%
136% above
US avg: 3.6%
Poverty Rate
4.0%
68% below
US avg: 12.4%

Income Comparison: Spring Lake vs. U.S. Average

Each bar shows Spring Lake’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$122,000
162%
Per Capita
US: $39,052
$71,600
183%
Avg Weekly Wage
US: $1,432
$1,377
96%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,377
4% below US avg ($1,432)
Mean Commute Time
33 min
21% above US avg (28 min)
Work From Home
17.2%
13% above US avg (15.2%)
Drive Alone
98.4%
34% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)

How Residents Get to Work

Drive Alone 98.4%
Public Transit 0%
Work From Home 17.2%
Average commute time
33 minutes
US avg: 28 min

Business Landscape

Total Establishments
22

Complete Economy Data

Income & Wages

Median Household Income$122,000
Per Capita Income$71,600
Avg Weekly Wage$1,377

Hardship Indicators

Unemployment Rate8.5%
Poverty Rate4.0%

Commute

Mean Commute33 minutes
Drive Alone98.4%
Public Transit0.0%
Work From Home17.2%

Businesses

Total Establishments22

Tax