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Sylvan Lake, AB

Full City Profile · Alberta

3.1 /5.0
B Good
15,995 Population 1,794/sq mi density
$92,000 Median Income $58,750 per capita
$352,000 Home Value
$1,360 Median Rent 23.7% income on rent
41°F Avg Temperature 279 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$92,000 median income, 14.7% unemployment
A+
Affordability
4.5 / 5.0
$352,000 home value, $1,360/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.1% bachelor's degree or higher

Income Overview

Median Household Income
$92,000
22% above
US avg: $75,149
Per Capita Income
$58,750
50% above
US avg: $39,052
Unemployment Rate
14.7%
308% above
US avg: 3.6%
Poverty Rate
9.4%
24% below
US avg: 12.4%

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

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

Median Household
US: $75,149
$92,000
122%
Per Capita
US: $39,052
$58,750
150%
Avg Weekly Wage
US: $1,432
$1,130
79%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,130
21% below US avg ($1,432)
Mean Commute Time
28 min
0% below US avg (28 min)
Work From Home
14.3%
6% below US avg (15.2%)
Drive Alone
89.4%
22% above US avg (73.2%)
Public Transit
0.6%
88% below US avg (5.0%)

How Residents Get to Work

Drive Alone 89.4%
Public Transit 0.6%
Work From Home 14.3%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
496

Complete Economy Data

Income & Wages

Median Household Income$92,000
Per Capita Income$58,750
Avg Weekly Wage$1,130

Hardship Indicators

Unemployment Rate14.7%
Poverty Rate9.4%

Commute

Mean Commute28 minutes
Drive Alone89.4%
Public Transit0.6%
Work From Home14.3%

Businesses

Total Establishments496

Tax