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AreaScore

Housing and jobs

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

Affordability

25 · Below average
Average monthly rent$1,270/month

AB: $1,332/month · Canada: $1,209/month · 2006: $983/month (estimated) · 2016: $1,417/month (in 2021 dollars) · Statistics Canada, 2021

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

AB: $400,000 · Canada: $472,000 · 2016: $330,166 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing17.8%

AB: 21.2% · Canada: 20.9% · 2006: 17% (estimated) · 2016: 16.2% · Statistics Canada, 2021

Economy

46 · Average
Median household income$98,000

AB: $96,000 · Canada: $84,000 · 2006: $85,220 (estimated) · 2016: $104,123 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)6%

AB: 4.8% · Canada: 5.2% · 2016: 38% · Statistics Canada, 2021

Unemployment rate11.4%

AB: 11.5% · Canada: 10.3% · 2006: 4.4% (estimated) · 2016: 10.7% · Statistics Canada, 2021

Sources

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