Downtown District

Neighbourhood in Banff · Alberta · Population 3,089

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Approximate boundaries

Banff doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Banff.

Housing and jobs

Housing costs, rents, incomes and jobs in Downtown District, with comparisons and sources.

Affordability

19 · Poor

Average monthly rent$1,500/month

Banff: $1,542/month · Canada: $1,209/month · 2006: $1,186/month (estimated) · 2016: $1,533/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$740,817

Banff: $725,000 · Canada: $472,000 · Estimated · 2016: $632,508 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing32.6%

Banff: 26.2% · Canada: 20.9% · 2006: 36.9% (estimated) · 2016: 28.5% (estimated) · Statistics Canada, 2021

Economy

30 · Below average

Median household income$82,838

Banff: $88,000 · Canada: $84,000 · Estimated · 2006: $64,638 (estimated) · 2016: $79,678 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.8%

Canada: 5.2% · City-wide figure for Banff · Statistics Canada, 2021

Unemployment rate14.9%

Banff: 14.8% · Canada: 10.3% · 2006: 1% (estimated) · 2016: 5.4% (estimated) · Statistics Canada, 2021