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Trochu, AB

Full City Profile · Alberta

3.1 /5.0
B Good
998 Population 931/sq mi density
$76,500 Median Income $49,700 per capita
$220,000 Home Value
$950 Median Rent 18.6% 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
$76,500 median income, 10.6% unemployment
A+
Affordability
5.0 / 5.0
$220,000 home value, $950/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.2% bachelor's degree or higher

Housing Overview

Median Home Value
$220,000
22% below
US avg: $281,900
Median Rent
$950/mo
18% below
US avg: $1,163/mo
Homeownership Rate
75.3%
15% above US avg (65.4%)
Total Housing Units
425

Ownership vs. Renting

75.3%
Owner-Occupied
24.7%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
18.6%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Homeownership Rate
75.3%

Complete Housing Data

Home Values

Census Median Value$220,000

Rent

Census Median Rent$950

Market

Ownership & Stock

Owner-Occupied75.3%
Renter-Occupied24.7%
Homeownership Rate75.3%
Total Housing Units425
Rent Burden18.6%