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Alberta’s Best Communities for Business

We bring you the 21 biggest communities in the province ranked by their business prowess

Jun 6, 2016

How do you pick the best communities for business in a year as fraught as this one? Amid layoffs, credit downgrades, self-exiled billionaires and a provincial budget that spilled more red ink than a sea lion in a shark pool, the task may seem insurmountable. But the communities that made our list this year remind us that there are bright spots amid the darkness, and that our economy is not the sum of its oil woes. We forget that Alberta has a thriving agricultural sector, for example, and world-class educational and research institutions and entrepreneur-fed tech scenes. In short, we forget that it’s a normal economy. So that’s what we’re celebrating with this edition of our annual Best Communities for Business ranking – stability, perseverance and judicious ambition.

#1 Edmonton

#1 Edmonton

Population: 877,926
Population growth rate (2011-2015): 12%
Residential tax rate (mills): 5.5
Non-residential tax rate (mills): 15.1
Median home price: $419,000

#2: Lethbridge

#2: Lethbridge

Population: 94,804
Population growth rate (2011-2015): 7%
Residential tax rate (mills): 7.6
Non-residential tax rate (mills): 18.2
Median home price: $325,750

#3: Leduc

#3: Leduc

Population: 29,304
Population growth rate (2011-2015): 21%
Residential tax rate (mills): 6.4
Non-residential tax rate (mills): 8.2
Median home price: $374,900

#4: Grande Prairie

#4: Grande Prairie

Population: 68,556
Population growth rate (2011-2015): 36%
Residential tax rate (mills): 3.8
Non-residential tax rate (mills): 12.2
Median home price: $410,000

#5: Cochrane

#5: Cochrane

Population: 23,084
Population growth rate (2011-2015): 49%
Residential tax rate (mills):4.5
Non-residential tax rate (mills): 6.4
Median home price:$399,000

#6: Calgary

#6: Calgary

Population: 1,230,915
Population growth rate (2011-2015): 12%
Residential tax rate (mills): 3.5
Non-residential tax rate (mills): 10.7
Median home price: $492,450

#7: St. Albert

#7: St. Albert

Population: 63,255
Population growth rate (2011-2015): 5%
Residential tax rate (mills): 7.6
Non-residential tax rate (mills): 10.53
Median home price: $459,000

#8: Sturgeon County

#8: Sturgeon County

Population: 19,578
Population growth rate (2011-2015): 2%
Residential tax rate (mills): 3.7
Non-residential tax rate (mills): 10.5
Median home price: $675,000

#9: Fort Saskatchewan

#9: Fort Saskatchewan

Population: 24,040
Population growth rate (2011-2015): 28%
Residential tax rate (mills): 4.7
Non-residential tax rate (mills): 9.4
Median home price: $449,000

#10: Rocky View County

#10: Rocky View County

Population: 38,055
Population growth rate (2011-2015): 9%
Residential tax rate (mills): 2.5
Non-residential tax rate (mills): 7.4
Median home price: $980,000

#11: Parkland County

#11: Parkland County

Population: 30,568
Population growth rate (2011-2015): 1%
Residential tax rate (mills): 3.7
Non-residential tax rate (mills): 7.2
Median home price: $624,999

#12: Spruce Grove

#12: Spruce Grove

Population: 32,036
Population growth rate (2011-2015): 29%
Residential tax rate (mills): 5.4
Non-residential tax rate (mills): 8
Median home price: $426,900

#13: Okotoks

#13: Okotoks

Population: 28,016
Population growth rate (2011-2015): 16%
Residential tax rate (mills): 5.2
Non-residential tax rate (mills): 7.1
Median home price: $395,000

#14: Airdrie

#14: Airdrie

Population: 58,690
Population growth rate (2011-2015): 35%
Residential tax rate (mills): 4
Non-residential tax rate (mills): 7.4
Median home price: $484,450

#15: Lloydminster

#15: Lloydminster

Population: 19,740
Population growth rate (2011-2015): 13%
Residential tax rate (mills): 4.9
Non-residential tax rate (mills): 7.8
Median home price: $399,900

#16: Red Deer

#16: Red Deer

Population: 100,807
Population growth rate (2011-2015): 9%
Residential tax rate (mills): 5.9
Non-residential tax rate (mills): 12.7
Median home price: $359,900

#17: Fort McMurray

#17: Fort McMurray

Population: 125,032
Population growth rate (2011-2015): 23%
Residential tax rate (mills): 1.8
Non-residential tax rate (mills): 3.8
Median home price: $629,900

#18: Strathcona County

#18: Strathcona County

Population: 95,597
Population growth rate (2011-2015): 8%
Residential tax rate (mills): 4.3
Non-residential tax rate (mills): 8.5
Median home price: $749,801

#19: County of Grande Prairie

#19: County of Grande Prairie

Population: 20,347
Population growth rate (2011-2015): 12%
Residential tax rate (mills): 3.8
Non-residential tax rate (mills): 12.2
Median home price: $292,750

#20: MD of Foothills

#20: MD of Foothills

Population: 21,258
Population growth rate (2011-2015): 7%
Residential tax rate (mills): 3.3
Non-residential tax rate (mills): 7.7
Median home price: $934,900

#21: Medicine Hat

#21: Medicine Hat

Population: 63,018
Population growth rate (2011-2015): 3%
Residential tax rate (mills): 6
Non-residential tax rate (mills): 9
Median home price: $245,000

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