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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
Housing Overview
Median Home Value
$352,000
25% above
US avg: $281,900
Median Rent
$1,360/mo
17% above
US avg: $1,163/mo
Homeownership Rate
67.9%
4% above US avg (65.4%)
Total Housing Units
6,395
Ownership vs. Renting
67.9%
Owner-Occupied
32.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
23.7%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Homeownership Rate
67.9%
Complete Housing Data
Home Values
| Census Median Value | $352,000 |
Rent
| Census Median Rent | $1,360 |
Market
Ownership & Stock
| Owner-Occupied | 67.9% |
| Renter-Occupied | 32.1% |
| Homeownership Rate | 67.9% |
| Total Housing Units | 6,395 |
| Rent Burden | 23.7% |