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Tofield, AB
Full City Profile · Alberta
3.0
/5.0
B
Good
2,045
Population
645/sq mi density
$74,000
Median Income
$48,000 per capita
$256,000
Home Value
$1,100
Median Rent
18.1% income on rent
36°F
Avg Temperature
302 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
$74,000 median income, 12.0% unemployment
A+
Affordability
4.7 / 5.0
$256,000 home value, $1,100/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.0% bachelor's degree or higher
Housing Overview
Median Home Value
$256,000
9% below
US avg: $281,900
Median Rent
$1,100/mo
5% below
US avg: $1,163/mo
Homeownership Rate
76.4%
17% above US avg (65.4%)
Total Housing Units
805
Ownership vs. Renting
76.4%
Owner-Occupied
23.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
18.1%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Homeownership Rate
76.4%
Complete Housing Data
Home Values
| Census Median Value | $256,000 |
Rent
| Census Median Rent | $1,100 |
Market
Ownership & Stock
| Owner-Occupied | 76.4% |
| Renter-Occupied | 23.6% |
| Homeownership Rate | 76.4% |
| Total Housing Units | 805 |
| Rent Burden | 18.1% |