Red Deer, Alberta
Demographics & Population
Statistics Canada · 2021 Census of Population
Household Income
Community Snapshot
15-54: 126,407
55-64: 28,812
65+: 42,923
- Aging population: Seniors (65+) outnumber youth (0-14); succession and senior-services demand.
Educational Attainment
Economy & Industry
Statistics Canada · Labour Force Survey · Provincial GDP
- Largest sector: Wholesale and retail trade employs 19,100 workers (17.3% of total employment).
- Diversified base: Top 5 sectors are Wholesale and retail trade, Health care and social assistance, Technical trades and transportation officers and controllers, Manufacturing, and Forestry, fishing, mining, quarrying, oil and gas.
Housing & Rental Market
Statistics Canada Table 34-10-0133 (Rents) - Table 34-10-0127 (Vacancy) - Reference year 2025
Note: figures are single-year vintages. StatCan and CMHC do not publish ACS-style rolling 5-year housing averages, the long-form Census of Population every 5 years (2016, 2021) plays the equivalent precision role.
CMHC Average Rents by Bedroom
Vacancy & Housing Stock
- Affordable rental market: Annual 2BR rent eats 19.9% of median household income, well below the 30% cost-burdened threshold; supports talent attraction.
Industry Concentration
Location Quotient: industries where Red Deer over- or under-indexes vs. the Canadian national average
Provincial NAICS-3 sub-sector basis (no ER-level NAICS-3 data is published by StatCan; provincial figures inherit to Red Deer).
- Top specialization: Manufacturing concentrates at 3.47x the national norm, signature-sector territory.
- Cluster depth: 7 sectors register LQ >= 1.5, suggesting an interconnected industrial base rather than reliance on a single sector.
Workforce & Labour
Labour force composition from Statistics Canada population estimates and employment data
Labour Summary
Dependency & Aging
Aging Workforce
Workforce by Occupation
Commute
Work From Home
- Working-age base: 155,219 residents aged 15-64 (64.8% of population) form the labour pool.
- Employment rate: 71% of working-age residents are employed (110,400 workers).
- Succession risk: Seniors (65+) outnumber youth (0-14); plan for retirements alongside attraction strategy.
AI Insights
AI-assisted analysis, drawn from 16 Canadian data sources
Red Deer's industrial base is anchored by Wholesale and retail trade with 19,100 workers, followed by Health care and social assistance and Technical trades and transportation officers and controllers. The region skews older: seniors outnumber youth, which has implications for succession planning and workforce transition strategy.
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All data from official Canadian government APIs. Updated from official Canadian government data.
Frequently Asked Questions
Key economic and demographic figures for Red Deer, Alberta, from Statistics Canada.
What is the population of Red Deer, Alberta?
239,566 (Statistics Canada, Population Estimates, Table 17-10-0150).
What is the median household income in Red Deer, Alberta?
$87,000 (Statistics Canada, Census 2021).
What is the unemployment rate in Red Deer, Alberta?
7.3% (Statistics Canada, Labour Force Survey, Table 14-10-0393).
