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 2013 2014 2015          2016 2017
Population 49,560 54,891 58,690 61,842 64,922
Population growth

8.42%

10.76%

6.92%

5.37%

4.98%

Housing permits (# of units) 1,772 1,500 1,419 1,010 981
Total residential sales 1,340 1,714 1,448 1,336 1,942
Average sale price $359,660 $387,959 $388,743 $385,762 $394,046
Residential building
construction value
297,824,842 $289,641,529 $298,347,016 $203,342,042

$216,293,729

Commercial/industrial
permits
271 279 247 312 303
Commercial/industrial
construction value
$73,465,953 $75,946,031 $71,256,741 $55,116,580 $27,778,690
Non-residential tax rate

0.01163138

0.01126256 0.010412970 0.01093734 0.01167945
Total business licenses

 3,180

 3,325

3,584

3,699

3,944

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