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 2016 2017 2018 2019 2020
Population 61,842 64,922 68,091 70,564 70,564*
Population growth

5.37%

4.98%

4.88%

3.63%

N/A

Housing permits 1,010 981 701 768 486
Total residential sales 1,336 1,942 1,905 1,657 1,922
Average sale price $385,762 $394,046 $401,800 $392,269 $384,412
Residential building
construction value
$203,342,042

$216,293,729

$162,238,082

$179,996,050

$122,420,919

Commercial/industrial
permits
312 303 304 211 208
Commercial/industrial
construction value
$55,116,580 $27,778,690 $66,963,290 $43,889,497 $16,175,150
Non-residential tax rate 0.01093734 0.01167945 0.01231951 0.01341540 0.01357404
Total business licenses

3,699

3,944

4,150

4,056

4,197

Source: City of Airdrie Planning, Building Inspections, Assessment, Business Licencing and Civic Census
*Most current, 2020 was not a census year