Forty Mile County No. 8
Small town · Alberta · Population 3,471
Housing and jobs
Housing costs, rents, incomes and jobs in Forty Mile County No. 8, with comparisons and sources.
Affordability
Average monthly rent$700/month
AB: $1,332/month · Canada: $1,209/month · 2006: $562/month · 2016: $846/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$278,000
AB: $400,000 · Canada: $472,000 · 2016: $264,516 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing12.8%
AB: 21.2% · Canada: 20.9% · 2006: 17.8% · 2016: 14.7% · Statistics Canada, 2021
Economy
Median household income$91,000
AB: $96,000 · Canada: $84,000 · 2006: $65,875 · 2016: $85,270 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)-3.1%
AB: 4.8% · Canada: 5.2% · 2016: 7.3% · Statistics Canada, 2021
Unemployment rate4.2%
AB: 11.5% · Canada: 10.3% · 2006: 1.9% · 2016: 4.4% · Statistics Canada, 2021