Westlock, AB
Full City Profile · Alberta
2.8
/5.0
C+
Fair
7,186
Population
6/sq mi density
$63,200
Median Income
$44,520 per capita
$250,000
Home Value
$1,000
Median Rent
24.4% income on rent
41°F
Avg Temperature
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$63,200 median income, 10.3% unemployment
A
Affordability
4.5 / 5.0
$250,000 home value, $1,000/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
9.0% 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
68.6%
5% above US avg (65.4%)
Total Housing Units
2,150
Ownership vs. Renting
68.6%
Owner-Occupied
31.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Homeownership Rate
68.6%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $1,000 |
Market
Ownership & Stock
| Owner-Occupied | 68.6% |
| Renter-Occupied | 31.4% |
| Homeownership Rate | 68.6% |
| Total Housing Units | 2,150 |
| Rent Burden | 24.4% |