Elk Point
Small town · Alberta · Population 1,399
Housing and jobs
Housing costs, rents, incomes and jobs in Elk Point, with comparisons and sources.
Affordability
Average monthly rent$1,050/month
AB: $1,332/month · Canada: $1,209/month · 2006: $934/month · 2016: $1,195/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$250,000
AB: $400,000 · Canada: $472,000 · 2016: $302,752 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing19.8%
AB: 21.2% · Canada: 20.9% · 2006: 18% · 2016: 15.1% · Statistics Canada, 2021
Economy
Median household income$79,000
AB: $96,000 · Canada: $84,000 · 2006: $60,441 · 2016: $99,315 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)-3.7%
AB: 4.8% · Canada: 5.2% · 2016: 2.8% · Statistics Canada, 2021
Unemployment rate10.6%
AB: 11.5% · Canada: 10.3% · 2006: 7% · 2016: 11.5% · Statistics Canada, 2021