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Brazeau County Economic Profile

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Brazeau County Economic Profile Brazeau County Economic Profile Economic Profile ABOUT THIS PUBLICATION CONTENTS Benefits of Locating to the Community 3 This profile is your information resource to develop- Uniqueness of the Community 3 ing within the Town of Drayton Valley & Brazeau County. Location 4 Trading Area 4 This Economic Profile is intended to provide a well- rounded, accurate and up-to-date statistical data Transportation 5 base on the area. Climate, Sunlight hours, Snowfall, Elevation 5 The information is collected from a variety of Demographic Profile Population Breakdown 6 sources, which are noted in the charts and tables. Median Age 6 Information is updated when new data becomes Labour/Workforce Status 7 available. Employment Rate 7 High Income 8 The statistical data within is deemed reliable for Family Income 8 comparative purposes, and provides quick reference Employment Income 8 to many of the concerns of the business decision Education 9 Business Inventory Statistics 10 maker or researcher. In many instances commen- tary remarks are provided to put some meaning into Industrial Profile Economic Base 10 the hard statistics and to promote Brazeau County Oil & Gas and Forestry Sectors 10 as the place to do business. Agriculture 11 **This profile contains the most up to date infor- Drayton Valley Bio Mile and Environmental Sectors 12 mation available as of November, 2012. Technology, Retail, Service & Professional Sectors 13 Tourism 13 FOR FURTHER INFORMATION, PLEASE Taxation 14 CONTACT: Development by Dollar Summary 14 & 15 Wanda Compton Housing Economic Development & Housing Starts 16 Communications Manager Dwellings Information 16 Brazeau County Rental Types 17 Box 77 Apartment Vacancy rates 17 7401 Twp Rd. 494 Rental Unit Numbers 17 Drayton Valley, AB Land & Building Costs 18 T7A 2A1 Alberta Highways Traffic Statistics Telephone: (around The Town of Drayton Valley) 19 (780) 542-7777 Alberta Highway Traffic Statistics Fax (around Brazeau County) 20 (780) 542-7770 Email: [email protected] BENEFITS OF LOCATING YOUR BUSINESS WITHIN BRAZEAU COUNTY LOCATION Located just 60 minutes west of the Edmonton International Airport and the Canada – Mexico Trade corridor of Highway 2 Located just 30 minutes south of Yellowhead Highway 16 Located just 90 minutes from Edmonton Located ½ way between Alberta’s largest growing city of Grande Prairie and the distribution centre of Alberta – Calgary Located just 3 hours from the Rocky Mountain Resort areas Within a one hour drive is access to a market exceeding 1 million people. CONSTRUCTION COSTS www.brazeau.ab.ca Competitive taxation rates for Commercial, Residential and Industrial land Competitive building construction costs Competitive leasing rates on Commercial and Industrial buildings LABOUR www.brazeau.ab.ca Youthful, vibrant workforce, average age is just 37 The population within the geographic boundaries Labour force participation rate is 75.5%, higher than both of Brazeau County includes 7201 residents of the provincial and national average Brazeau County, 7045 residents within the Town INDUSTRY of Drayton Valley and 496 residents within the Supported primarily by the Oil & Gas, Forestry and Agri- Village of Breton. The Trading Area includes culture industries, the Retail and Food and Accommoda- 20,000 people with the nearest town of Stony tion sectors are growing at a rapid pace. Plain located 110 KM away. The City of Edmon- An emerging outdoor recreation and agri-tourism indus- ton is 145 km away. Far enough away for our try is on the rise. community to be self sustaining, close enough to LIFESTYLE spend the day enjoying Alberta's capital. A prosperous community with an average annual income of $80,127.00 per household For the purposes of comparison and to accurately A safe and active community boasting superior recrea- utilize the statistics from the federal census on tional facilities and numerous clubs and organizations population, labour, expenditures and education An outdoorsman’s paradise situated between the North we have used the 2006 and 2011 Federal Census. Saskatchewan and Pembina Rivers, and just 25 minutes to the Brazeau Dam Source: Statistics Canada, 2011 Census Profile 3 www.brazeau.ab.ca LOCATION Located in west central Alberta, the metropolitan centre of Brazeau County, Drayton Valley is located just 30 minutes south of the Yellowhead Highway (16) and just 60 minutes from the Canada – Mexico trade corridor of Highway 2 and the Edmonton Internation- al Airport. Situated between the North Saskatchewan and Pem- bina Rivers and in close proximity to vast amounts of crown land, this combination offers the outdoorsman numerous recreational opportunities. The Rocky Mountain Resort areas are a short 3 hour drive from Drayton Valley. Latitude 53o 13.2’ North / Longitude 114 o 58.8 o West TRADING AREA Trading area for the area encompasses approximately 20,000 km. 4 TRANSPORTATION MAJOR HIGHWAYS Drayton Valley is surrounded on two sides by Highway # 22. Ac- cess to the Yellowhead Highway 16 is just 30 minutes north of Drayton Valley. Via Highway 39, the Canada – Mexico Trade corri- dor of Highway 2 is just 60 minutes to the east. AIR SERVICES Drayton Valley is serviced by the Drayton Valley Municipal Airport, an all-weather facility with a 1,219 meter runway. Commercial and Air Freight Services are located at the Edmonton International Airport just a short 1 hour drive east. DISTANCE TO MAJOR CENTRES RAIL SERVICES Edmonton, AB 139km 90 minutes approx. Canadian National Railways Depot is located ½ hour north of Dray- Calgary, AB 306km 2.5 hours approx. ton Valley in the Town of Evansburg and offers basic service. Red Deer, AB 172km 115 minutes approx. BUS SERVICE Jasper, AB 309km 3 hours approx. Greyhound Bus Lines provides regularly scheduled transportation. Banff, AB 367km 3 hours 30 minutes approx. Regina, SK 685km 6 hours 20 minutes approx. TRUCKING FIRMS Vancouver, BC 1020km 9 hours 25 minutes approx. www.brazeau.ab.ca Numerous trucking firms servicing all transportation needs reside in the area. COURIERS AND TAXIS 3 courier companies serve the area. There are 3 local taxi companies. CLIMATE MONTH HIGH LOW RAIN SNOWFALL SUN- LIGHT (mm) (cm) (Av. hours) JAN -7 -16 1.7 25.2 8 Source – Travel Alberta FEB -6 -17 1.4 18 9 SUNLIGHT MAR 1 10 1.8 18.6 12 APR 11 -2 14 12.8 14 Our area enjoys 17 hours of daylight in the MAY 18 4 49.5 4.7 16 Summer. JUN 21 8 98 0 17 SNOWFALL JUL 24 11 106 0 16 First sign of snow is usually at the end of AUG 22 8 73.5 .1 14 October. SEP 17 4 46.3 1.6 12 OCT 11 -1 13.3 9.5 10 ELEVATION NOV 1 -9 3 20.2 8 2750ft or 766.30m above sea level at the DEC -7 -16 1.3 23.2 7 Drayton Valley Airport. Source: Environment Canada Climate Normals 5 DEMOGRAPHIC PROFILE POPULATION BREAKDOWN Population Breakdown By Age Includes Brazeau County, Breton & Drayton Valley 700 600 500 400 300 Male 200 Female 100 0 20 24… to 35 39… to 40 44… to 55 59… to 70 74… to 10 14… to 15 19… to 25 29… to 30 34… to 45 49… to 50 54… to 60 64… to 65 69… to 75 79… to 80 84… to 85 + years 5 9 to years 0 4 to years Drayton Valley Brazeau County Breton Com- www.brazeau.ab.ca Characteristics Male Female Total Male Female Total Male Female Total bined Population in 2011 3510 3535 7045 3730 3445 7195 230 265 495 14735 0 to 4 years 285 290 575 240 210 450 15 15 30 1055 5 to 9 years 245 240 485 230 245 475 15 10 25 985 10 to 14 years 220 235 455 225 270 495 15 15 30 980 15 to 19 years 260 265 525 305 250 555 15 15 30 1110 20 to 24 years 270 230 500 220 200 420 15 10 25 945 25 to 29 years 345 325 670 240 185 425 15 25 35 1130 30 to 34 years 295 285 575 205 205 410 10 15 25 1010 35 to 39 years 230 235 465 230 220 450 10 15 25 940 40 to 44 years 245 200 465 275 260 535 10 25 35 1035 45 to 49 years 255 265 520 330 330 660 20 20 40 1220 50 to 54 years 245 205 450 355 345 700 20 15 35 1185 55 to 59 years 195 190 385 275 265 540 20 20 40 965 60 to 64 years 125 115 240 225 160 385 10 10 20 645 65 to 69 years 100 105 205 145 145 290 5 20 25 520 70 to 74 years 55 90 145 120 90 210 5 15 20 375 75 to 79 years 60 90 150 60 50 110 15 15 30 290 80 to 84 years 55 75 130 35 25 60 5 5 10 200 85 years + 30 75 105 10 15 25 5 10 15 145 Median Age of population 32.1 33.3 32.7 39.6 39.1 39.4 40.2 43.8 41.6 % of Population Aged 15 and over 78.5 78.5 78.4 81.5 678.9 80.3 78.4 83.4 81.9 Source: Statistics Canada 2011 Census LABOUR/WORK FORCE STATUS Overall Employment Status % 90 Population in Labour Force - Alberta 80 3,500,000 70 Brazeau County 3,000,000 60 2,500,000 Alberta 50 2,000,000 40 1,500,000 30 1,000,000 20 500,000 10 0 Population 15 years and Population in the labour Employed Unemployed Not in the labour force 0 Participation rate Employment rate Unemployment rate over force Population in Labour Force - Brazeau County www.brazeau.ab.ca 6,000 5,000 In Brazeau County, 4,225 people were employed and 225 were unemployed 4,000 for a total labour force of 4,455 in 3,000 May 2011.
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