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Three Hills, AB
Full City Profile · Alberta
3.1
/5.0
B
Good
3,042
Population
1,169/sq mi density
$76,000
Median Income
$44,360 per capita
$250,000
Home Value
$1,000
Median Rent
16.4% income on rent
38°F
Avg Temperature
306 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$76,000 median income, 12.1% unemployment
A+
Affordability
4.8 / 5.0
$250,000 home value, $1,000/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
15.0% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$1,000/mo
14% below
US avg: $1,163/mo
Homeownership Rate
68.8%
5% above US avg (65.4%)
Total Housing Units
1,170
Ownership vs. Renting
68.8%
Owner-Occupied
30.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
16.4%
of renters spending 30%+ of income on housing
47% below US avg (31.0%)
Homeownership Rate
68.8%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $1,000 |
Market
Ownership & Stock
| Owner-Occupied | 68.8% |
| Renter-Occupied | 30.8% |
| Homeownership Rate | 68.8% |
| Total Housing Units | 1,170 |
| Rent Burden | 16.4% |