Special Area No. 3
Small town · Alberta · Population 1,142
Housing and jobs
Housing costs, rents, incomes and jobs in Special Area No. 3, with comparisons and sources.
Affordability
Average monthly rent$800/month
AB: $1,332/month · Canada: $1,209/month · 2006: $484/month (estimated) (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$100,000
AB: $400,000 · Canada: $472,000 · 2016: $180,995 (estimated) (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing21.7%
AB: 21.2% · Canada: 20.9% · 2006: 16.4% (estimated) · 2016: 17.2% (estimated) · Statistics Canada, 2021
Economy
Median household income$73,000
AB: $96,000 · Canada: $84,000 · 2006: $47,647 (estimated) · 2016: $87,759 (estimated) (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)-1%
AB: 4.8% · Canada: 5.2% · Statistics Canada, 2021
Unemployment rate4.7%
AB: 11.5% · Canada: 10.3% · 2006: 1.2% (estimated) · 2016: 6.5% (estimated) · Statistics Canada, 2021