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Iron Springs, AB

Updated: Aug 2016
House
Median price $377,500
Monthly growth
Quarterly trend
Stock on market 0.07%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Iron Springs Home Price

Across the country as a whole, Iron Springs is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $377,500 price tag on the median Iron Springs home means that it is quite highly priced by Canadian standards.

This month we track 298th neighbourhoods in Alberta, and Iron Springs has the 298th most choice available for real estate investors.

Is Iron Springs a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

As one of Alberta’s many potential real estate investment neighbourhoods, Iron Springs needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Iron Springs there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Find a mortgage broker in Iron Springs, AB
Demographics
  • Population in 201110061
  • Population in 200610254
  • 2006 to 2011 population change (%)-1.9
  • Total private dwellings3052
  • Private dwellings occupied by usual residents2866
  • Population density per square kilometre3.5
  • Land area (square km)2837.8

Age Characteristics

Total population by age groups 10060
0 to 4 years 870
5 to 9 years 835
10 to 14 years 940
15 to 19 years 1035
15 years 190
16 years 210
17 years 210
18 years 210
19 years 220
20 to 24 years 675
25 to 29 years 490
30 to 34 years 545
35 to 39 years 565
40 to 44 years 650
45 to 49 years 725
50 to 54 years 740
55 to 59 years 575
60 to 64 years 485
65 to 69 years 355
70 to 74 years 230
75 to 79 years 170
80 to 84 years 125
85 years and over 60
Median age of the population 31.8
% of the population aged 15 and over 73.8

Marital Status

Total population 15 years and over by marital status 7420
Married or living with a common-law partner 4800
Married (and not separated) 4480
Living common-law 325
Not married and not living with a common-law partner 2615
Single (never legally married) 2080
Separated 75
Divorced 225
Widowed 235

Family Characteristics

Total number of census families in private households 2405
Size of census family: 2 persons 1030
Size of census family: 3 persons 390
Size of census family: 4 persons 440
Size of census family: 5 or more persons 540
Total number of census families in private households 2405
Total couple families by family structure and number of children 2230
Married couples 2065
Without children at home 810
With children at home 1255
1 child 320
2 children 410
3 or more children 530
Common-law couples 160
Without children at home 105
With children at home 55
1 child 30
2 children 25
3 or more children 10
Total lone-parent families by sex of parent and number of children 175
Female parent 115
1 child 75
2 children 35
3 or more children 15
Male parent 60
1 child 40
2 children 15
3 or more children 5
Total children in census families in private households 3765
Under six years of age 885
6 to 14 years 1440
15 to 17 years 555
18 to 24 years 735
25 years and over 150
Average number of children at home per census family 1.6

Household And Dwelling Characteristics

Total number of persons in private households 9080
Number of persons not in census families 680
Living with relatives 105
Living with non-relatives only 120
Living alone 460
Number of census family persons 8395
Average number of persons per census family 3.5
Total number of persons 65 years and over in private households 900
Number of persons not in census families aged 65 years and over 210
Living with relatives 25
Living with non-relatives only 10
Living alone 170
Number of census family persons aged 65 years and over 695
Total number of private households by household type 2870
Census-family households 2355
One-family-only households 2225
Couple-family households 2100
Without children 850
With children 1250
Lone-parent-family households 130
Other family households 130
One-family households with persons not in a census family 90
Couple-family households 65
Without children 20
With children 45
Lone-parent-family households 25
Two-or-more-family households 40
Non-census-family households 505
One-person households 460
Two-or-more-person households 50
Total number of occupied private dwellings by structural type of dwelling 2865
Single-detached house 2650
Apartment, building that has five or more storeys 0
Movable dwelling 150
Other dwelling 70
Semi-detached house 35
Row house 25
Apartment, duplex 10
Apartment, building that has fewer than five storeys 0
Other single-attached house 5
Total number of private households by household size 2865
1 person 460
2 persons 975
3 persons 395
4 persons 445
5 persons 260
6 or more persons 335
Number of persons in private households 9080
Average number of persons in private households 3.2

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