Airdrie 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.

Indicator 2015          2016 2017 2018 2019
Population 58,690 61,842 64,922 68,091 70,564
Population growth

6.92%

5.37%

4.98%

4.88%

3.63%

Housing permits 1,419 1,010 981 701 768
Total residential sales 1,448 1,336 1,942 1,905 1,657
Average sale price $388,743 $385,762 $394,046 $401,800 $392,269
Residential building
construction value
$298,347,016 $203,342,042

$216,293,729

$162,238,082

$179,996,050

Commercial/industrial
permits
247 312 303 304 211
Commercial/industrial
construction value
$71,256,741 $55,116,580 $27,778,690 $66,963,290 $43,889,497
Non-residential tax rate 0.010412970 0.01093734 0.01167945 0.01231951 0.01341540
Total business licenses

3,584

3,699

3,944

4,150

4,056

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