Gibbons

Small town · Alberta · Population 3,218

Compare with another place Save this place

Housing and jobs

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

Affordability

27 · Below average

Average monthly rent$1,360/month

AB: $1,332/month · Canada: $1,209/month · 2006: $408/month (estimated) · 2016: $1,591/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,108/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,301/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,598/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,802/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.9%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$300,000

AB: $400,000 · Canada: $472,000 · 2016: $337,531 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing15.4%

AB: 21.2% · Canada: 20.9% · 2006: 14.4% (estimated) · 2016: 19% · Statistics Canada, 2021

Economy

32 · Below average

Median household income$108,000

AB: $96,000 · Canada: $84,000 · 2006: $91,055 (estimated) · 2016: $116,353 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)1.9%

AB: 4.8% · Canada: 5.2% · 2016: 4.3% · Statistics Canada, 2021

Unemployment rate11.7%

AB: 11.5% · Canada: 10.3% · 2006: 4.4% (estimated) · 2016: 9% · Statistics Canada, 2021