Economic Profile, Statistics
Economic Profile and General Statistics
Grande Prairie’s vibrant economy has developed with years of steady growth. The City is in an enviable economic position with high wages and disposable income, a local real estate market that remains affordable and plenty of opportunity for growth and diversification.
Strong resource markets in agriculture, forestry and oil and gas are the foundation of the strong economy where many energetic, business minded people are capitalizing on a business climate like no other. Grande Prairie is a place that embraces entrepreneurship, innovation and new ideas. Come share yours here.
Download our Economic Profile here or contact the Economic Development Department to request hard copies.
- Population (2018 Municipal Census): 69,088
- Annual Growth Rates:
- 2011-2015: 5.6%
- 2006-2011: 3.17%
- 2000-2018: 3.69%
- 2001-2011: 4.05%
- 2001-2006: 4.94%
- Area of the City: 136.6 sq. km
- Median Family Income (2016 Census): $105,288
- Unemployment Rate (November 2018): 5.6%
Living & Working in Grande Prairie
- Average rent 2 bedroom suite (October 2018): $1,122
- Apartment Vacancy Rate (October 2018): 3.6%
- Residential Average Price (2018 Average): $304,365
Access to post-secondary education
Access to research and development
Economy of Grande Prairie
- Major Economic Sectors: Agriculture, Forestry, Oil & Gas
- Major Export: Oil, Natural Gas, Lumber, Grain, Livestock
- Year-to-Date Number of Building Permits Issued (January 2019): 50
- Year-to-Date Building Construction Value (January 2019): $5.05
Canada Census 2011 Canada Census 2016
Canadian Real Estate Association
Canada Mortgage and Housing Corporation Rental Market Statistics 2016
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