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Spruce Grove, AB
Full City Profile · Alberta
3.2
/5.0
B
Good
37,645
Population
2,599/sq mi density
$106,000
Median Income
$61,200 per capita
$364,000
Home Value
$1,400
Median Rent
19.7% income on rent
40°F
Avg Temperature
270 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$106,000 median income, 10.4% unemployment
A+
Affordability
4.8 / 5.0
$364,000 home value, $1,400/mo rent
C+
Safety
2.5 / 5.0
D
Education
2.0 / 5.0
12.2% bachelor's degree or higher
Housing Overview
Median Home Value
$364,000
29% above
US avg: $281,900
Median Rent
$1,400/mo
20% above
US avg: $1,163/mo
Homeownership Rate
76.4%
17% above US avg (65.4%)
Total Housing Units
14,270
Ownership vs. Renting
76.4%
Owner-Occupied
23.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
19.7%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Homeownership Rate
76.4%
Complete Housing Data
Home Values
| Census Median Value | $364,000 |
Rent
| Census Median Rent | $1,400 |
Market
Ownership & Stock
| Owner-Occupied | 76.4% |
| Renter-Occupied | 23.7% |
| Homeownership Rate | 76.4% |
| Total Housing Units | 14,270 |
| Rent Burden | 19.7% |