Bow Island
Small town · Alberta · Population 2,036
Housing and jobs
Housing costs, rents, incomes and jobs in Bow Island, with comparisons and sources.
Affordability
Average monthly rent$930/month
AB: $1,332/month · Canada: $1,209/month · 2006: $787/month · 2016: $863/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$262,000
AB: $400,000 · Canada: $472,000 · 2016: $264,767 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing15.7%
AB: 21.2% · Canada: 20.9% · 2006: 10.1% · 2016: 12.7% · Statistics Canada, 2021
Economy
Median household income$76,500
AB: $96,000 · Canada: $84,000 · 2006: $65,217 · 2016: $72,582 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)2.7%
AB: 4.8% · Canada: 5.2% · 2016: -2.1% · Statistics Canada, 2021
Unemployment rate3.4%
AB: 11.5% · Canada: 10.3% · 2006: 6.3% · 2016: 5% · Statistics Canada, 2021