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Wood Buffalo, AB
Full City Profile · Alberta
3.4
/5.0
B
Good
72,326
Population
3/sq mi density
$184,000
Median Income
$96,800 per capita
$472,000
Home Value
$1,530
Median Rent
12.8% income on rent
32°F
Avg Temperature
308 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$184,000 median income, 8.7% unemployment
A+
Affordability
5.0 / 5.0
$472,000 home value, $1,530/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher
Housing Overview
Median Home Value
$472,000
67% above
US avg: $281,900
Median Rent
$1,530/mo
32% above
US avg: $1,163/mo
Homeownership Rate
67.0%
2% above US avg (65.4%)
Total Housing Units
25,935
Ownership vs. Renting
67.0%
Owner-Occupied
33.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
12.8%
of renters spending 30%+ of income on housing
59% below US avg (31.0%)
Homeownership Rate
67.0%
Complete Housing Data
Home Values
| Census Median Value | $472,000 |
Rent
| Census Median Rent | $1,530 |
Market
Ownership & Stock
| Owner-Occupied | 67.0% |
| Renter-Occupied | 33.0% |
| Homeownership Rate | 67.0% |
| Total Housing Units | 25,935 |
| Rent Burden | 12.8% |