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 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Population | 80,649 A | 76,500 B | 74,817 E | 71,820 E | 70,564 |
| Population growth | 5.42% | 2.00% | 4.17% | 1.78% | 1.78% |
| Housing permits | 1,299 | 1,077 | 1,118 | 486 | 768 |
| Total residential sales | 3,494 | 2,941 | 2,475 | 1,922 | 1,657 |
| Average sale price | $494,141 | $462,561 | $414,259 | $384,412 | $392,269 |
| Residential building construction value |
$326,340,763 | $283,815,395 | $254,822,198 | $122,420,919 | $179,996,050 |
| Commercial/industrial permits |
282 | 238 | 262 | 208 | 211 |
| Commercial/industrial construction value |
$90,387,171 | $36,535,162 | $165,713,035 | $16,175,150 | $43,889,497 |
| Non-residential tax rate | 0.01303124 | 0.01375788 | 0.01376905 | 0.01357404 | 0.0134154 |
| Total business licenses | 4,676 | 4,512 | 4,754 | 4,197 | 4,056 |
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