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Housing and jobs

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

Affordability

50 · Average
Average monthly rent$1,273/month

Edmonton: $1,302/month · Canada: $1,209/month · 2006: $1,010/month (estimated) · 2016: $1,434/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

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

City-wide figure for Edmonton · CMHC, 2025

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

City-wide figure for Edmonton · CMHC, 2025

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

City-wide figure for Edmonton · CMHC, 2025

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

City-wide figure for Edmonton · CMHC, 2025

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

City-wide figure for Edmonton · CMHC, 2025

Median dwelling value (owner-estimated)$281,694

Edmonton: $384,000 · Canada: $472,000 · Estimated · 2016: $336,910 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing26.3%

Edmonton: 24.3% · Canada: 20.9% · 2006: 26.5% (estimated) · 2016: 29.5% (estimated) · Statistics Canada, 2021

Economy

42 · Average
Median household income$76,973

Edmonton: $90,000 · Canada: $84,000 · Estimated · 2006: $63,527 (estimated) · 2016: $81,674 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)8.3%

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

Unemployment rate14.3%

Edmonton: 12.7% · Canada: 10.3% · 2006: 8.4% (estimated) · 2016: 12.1% (estimated) · Statistics Canada, 2021

Sources

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

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.