2018Community Overview A SOCIO-ECONOMIC PROFILE

Lacombe County Property Assessments POPULATION: Property Assessments (2016) Non-Residential 10,343 (2016) 26% Residential Trading Area Population: 50,000 Non-Residential Median Age (2016) Residential Male 42.9 74% Female 42.8

Number of Businesses (2016): 243 Development Permits Issued Available Lands (acres): (2017): 181 Residential - 148 Estimated Construction Value Industrial - 76 (2017): $29.7 million Commercial - 17 In the Target Growth Sectors: Indusrial, commercial and residential Labour Force (2016) In the5,990 Labour Force Participation Rate (2016) 71.4% Average Household Income Employed 9% $140,148 Unemployed Average After-Tax Employed Household Income Unemployed $113,124 2015 91%

Transportation The Queen Elizabeth II Highway A proud member of runs directly through the middle of the County, which provides numerous opportunities for high- visibility commercial and industrial development and great access to a number of major transportation networks. Housing by Structure (2016) Average 3 Bedroom Total Households Single Family 3,385 House Cost (2017) for Tenure (2016) Multi-Family 50 $300,000 3,890 Apartments 15 (3 bedroom, not including land) Owned 86% Other 440 Rented 14% 2-Year Average Annual Building Permits by Category

$20,000,000 $18,000,000 OccupiedOccupied Private Private Dwellings Dwelling by Period $16,000,000 of Construction by Period of Construction $14,000,000 2000 $12,000,000

1500 1680 $10,000,000 $8,000,000 1000 1210 $6,000,000 995 $4,000,000 500 $2,000,000 $0 0 Residential Commercial Industrial Recreational Pre 1980 1981-2000 2001-2016 2016 & 2017 $19,153,343 $391,000 $3,976,514 $180,000

Number of Households by Income Group (2016) 1400 1200 Average Household 1000 Consumption (2016) 800 Shelter $22,119 600 Food $10,086 400 Household operation 200 & furnishings $8,492 0 Health care $3,347 Transportation $17,692 Recreation & Entertainment $6,309 Personal care & clothing $6,199 Child Care $464 Education & books $1,402 Land Space Miscellaneous expenditures $2,638 Total $78,748 Lacombe County has some of the lowest tax rates in , and boasts plenty of affordable opportunities for developers, businesses and potential residents to set down roots in our community. Business Parks Lacombe County has a number of commercial and industrial business parks which boast the highest standards of Vehicle Registrations (2016) development, servicing and aesthetic. The Aspelund Industrial Park in particular is home to the County’s first pair 1,686 of naturalized stormwater management systems – which include two constructed/altered wetlands to facilitate natural management of stormwater.

Top Ten Industries (2016) (number of jobs) Agriculture, forestry, fishing Top Employers and hunting 1,375 NOVA Chemicals Construction 610 Pidherney’s Occupations (2016) Mining, quarrying, and oil and gas extraction 540 Lacombe County (number of jobs) Health care and social assistance 470 ME Global Management occupations 1,230 Retail trade 445 Alberta Agriculture Trades, transport and equipment operators Services other than Burman University and related occupations 1,195 public administration 325 Eagle Builders Business, finance and Transportation and warehousing 310 administration occupations 805 Agriculture Educational services 310 Research Station Sales and service occupations 740 Manufacturing 280 Independent Agricultural Natural resources, Producers agriculture and related Professional, scientific production occupations 735 and technical services 235 Education, law and social, community and government services 360 Educational Attainment (ages 25-64) Educational Attainment (ages 25-64) (2016) Health occupations 320 University degree at bachelor level Manufacturing and utilities 220 or above 680 Natural and applied sciences and related occupations 180 Apprenticeship or trades certificate 940

Art, culture, recreation and sport 125 Other Postsecondary below bachelor level 1630

High School diploma or equivalent 1565

0 400 800 1200 1600 2018Community Overview A SOCIO-ECONOMIC PROFILE

K-9 Enrollment (2015) 35 Quality of Life High School Enrollment (2015) Lacombe County has three lakes located within the municipality: 5 , and . Every year these Post-secondary Enrollment (2014) lakes attract thousands of visitors, campers and recreational opportunists to the County, surrounding towns, and villages. 41

Population by Age Group (2016)

0-14 New Apprentices 15-29 4 30-44 (2015)

45-59

60-74

75+

0 500 1000 1500 2000 2500

For more information, contact: Planning and Development Ph: 403-782-8389 Email: [email protected] www.lacombecounty.com

Produced in partnership with The data used to prepare this report has been sourced from the Alberta Regional Dashboard, Stats Canada 2016 Census and municipalities. The reference period is the calendar year 2015 for all Census income variables . This report is for information purposes only and CAEP does not assume any responsibility or liability by providing it. While every effort has been made to control errors, users are advised to confirm any numbers before making decisions or assumptions based on the information in this document. Data prepared by Pinnacle Communication & Media Inc. on behalf of CAEP.

For more information about CAEP, contact: www.centralalberta.ab.ca Ph: 403-357-2237 Email: [email protected]