Meraw Estates

Neighbourhood in Drayton Valley · Alberta · Population 1,621

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Approximate boundaries

Drayton Valley 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 Drayton Valley.

Housing and jobs

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

Affordability

53 · Average

Average monthly rent$1,348/month

Drayton Valley: $1,176/month · Canada: $1,209/month · 2006: $1,272/month (estimated) · 2016: $1,366/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$294,545

Drayton Valley: $278,000 · Canada: $472,000 · Estimated · 2016: $346,258 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing20.5%

Drayton Valley: 19.9% · Canada: 20.9% · 2006: 14.1% (estimated) · 2016: 13.2% (estimated) · Statistics Canada, 2021

Economy

24 · Below average

Median household income$92,797

Drayton Valley: $87,000 · Canada: $84,000 · Estimated · 2006: $101,859 (estimated) · 2016: $102,310 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)0.8%

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

Unemployment rate11.1%

Drayton Valley: 11.4% · Canada: 10.3% · 2006: 2.6% (estimated) · 2016: 9.4% (estimated) · Statistics Canada, 2021