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 2014 2015          2016 2017 2018
Population 54,891 58,690 61,842 64,922 68,091
Population growth

10.76%

6.92%

5.37%

4.98%

4.88%

Housing permits (# of units) 1,500 1,419 1,010 981 701
Total residential sales 1,714 1,448 1,336 1,942 1,905
Average sale price $387,959 $388,743 $385,762 $394,046 $401,800
Residential building
construction value
$289,641,529 $298,347,016 $203,342,042

$216,293,729

$162,238,082

Commercial/industrial
permits
279 247 312 303 304
Commercial/industrial
construction value
$75,946,031 $71,256,741 $55,116,580 $27,778,690 $66,963,290
Non-residential tax rate 0.01126256 0.010412970 0.01093734 0.01167945 0.01231951
Total business licenses

 3,325

3,584

3,699

3,944

4,018

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