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.
| Indicator | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Population | 76,500 B | 74,817 E | 71,820 E | 70,564 | 68,091 |
| Population growth | 2.00% | 4.17% | 1.78% | 1.78% | 4.88% |
| Housing permits | 1,077 | 1,118 | 486 | 768 | 701 |
| Total residential sales | 2,941 | 2,475 | 1,922 | 1,657 | 1,905 |
| Average sale price | $462,561 | $414,259 | $384,412 | $392,269 | $401,800 |
| Residential building construction value |
$283,815,395 | $254,822,198 | $122,420,919 | $179,996,050 | $162,238,082 |
| Commercial/industrial permits |
238 | 262 | 208 | 211 | 304 |
| Commercial/industrial construction value |
$36,535,162 | $165,713,035 | $16,175,150 | $43,889,497 | $66,963,290 |
| Non-residential tax rate | 0.01375788 | 0.01376905 | 0.01357404 | 0.0134154 | 0.01231951 |
| Total business licenses | 4,512 | 4,754 | 4,197 | 4,056 | 4,018 |
Source: City of Airdrie Planning, Building Inspections, Assessment, Business Licencing and Civic Census, Biannual population forecast, April 2023
A: Actual | E: Estimate at time of forecast preparation | F: Forecast