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AreaScore

Hay Lakes

Alberta · Population 456

Places with fewer than 1,000 residents show facts only, without scores.

Housing and jobs

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

Affordability

Average monthly rent$1,600/month

AB: $1,332/month · Canada: $1,209/month · 2006: $0/month · 2016: $1,470/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$278,000

AB: $400,000 · Canada: $472,000 · 2016: $329,854 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing23.5%

AB: 21.2% · Canada: 20.9% · 2006: 7.4% · 2016: 17.5% · Statistics Canada, 2021

Economy

Median household income$80,000

AB: $96,000 · Canada: $84,000 · 2006: $86,725 · 2016: $107,211 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-7.9%

AB: 4.8% · Canada: 5.2% · 2016: 16.5% · Statistics Canada, 2021

Unemployment rate14%

AB: 11.5% · Canada: 10.3% · 2006: 9.5% · 2016: 18.3% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.