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Vermilion River County, AB
Full City Profile · Alberta
3.3
/5.0
B
Good
7,994
Population
4/sq mi density
$102,000
Median Income
$60,150 per capita
$384,000
Home Value
$750
Median Rent
15.8% income on rent
35°F
Avg Temperature
308 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$102,000 median income, 5.8% unemployment
A+
Affordability
4.6 / 5.0
$384,000 home value, $750/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.5% bachelor's degree or higher
Housing Overview
Median Home Value
$384,000
36% above
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
90.8%
39% above US avg (65.4%)
Total Housing Units
3,000
Ownership vs. Renting
90.8%
Owner-Occupied
9.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
15.8%
of renters spending 30%+ of income on housing
49% below US avg (31.0%)
Homeownership Rate
90.8%
Complete Housing Data
Home Values
| Census Median Value | $384,000 |
Rent
| Census Median Rent | $750 |
Market
Ownership & Stock
| Owner-Occupied | 90.8% |
| Renter-Occupied | 9.0% |
| Homeownership Rate | 90.8% |
| Total Housing Units | 3,000 |
| Rent Burden | 15.8% |