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Economic indicators

Year over year, Airdrie posts strong economic results. With a growing population, increasing employment opportunities and close proximity to Calgary, Airdrie is poised to continue to grow.

Indicator20212020201920182017
Population 73,850 E 71,820 E 70,564 68,091 64,922
Population growth 4.00% 3.00% 4.00% 4.88% 4.98%
Housing permits 1,118 486 768 701 981
Total residential sales 2,475 1,922 1,657 1,905 1,942
Average sale price $414,259  $384,412 $392,269 $401,800 $394,046
Residential building
construction value
$254,822,198 $122,420,919 $179,996,050 $162,238,082 $216,293,729
Commercial/industrial
permits
262 208 211 304 303
Commercial/industrial
construction value
$165,713,035 $16,175,150 $43,889,497 $66,963,290 $27,778,690
Non-residential tax rate 0.01376905 0.01357404 0.0134154 0.01231951 0.01167945
Total business licenses 4,754  4,197 4,056 4,018 3,944

Source: City of Airdrie Planning, Building Inspections, Assessment, Business Licencing and Civic Census

A: Actual | E: Estimate at time of forecast preparation | F: Forecast