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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.

Indicator20222021202020192018
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