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Thorsby, AB

Full City Profile · Alberta

3.0 /5.0
B Good
967 Population 659/sq mi density
$77,500 Median Income $51,400 per capita
$236,000 Home Value
$850 Median Rent 21.0% income on rent
37°F Avg Temperature 300 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$77,500 median income, 11.2% unemployment
A+
Affordability
5.0 / 5.0
$236,000 home value, $850/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.2% bachelor's degree or higher

Housing Overview

Median Home Value
$236,000
16% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
81.5%
25% above US avg (65.4%)
Total Housing Units
405

Ownership vs. Renting

81.5%
Owner-Occupied
17.3%
Renter-Occupied
81%
17%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
21.0%
of renters spending 30%+ of income on housing
32% below US avg (31.0%)
Homeownership Rate
81.5%

Complete Housing Data

Home Values

Census Median Value$236,000

Rent

Census Median Rent$850

Market

Ownership & Stock

Owner-Occupied81.5%
Renter-Occupied17.3%
Homeownership Rate81.5%
Total Housing Units405
Rent Burden21.0%