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Economic Profile - January 2023

Page 1

City of Grande Prairie

Economic Profile Grande Prairie is a vibrant, flourishing regional centre providing shopping and services for residents of Northwestern Alberta and Northeastern British Columbia.

64,141

295,079

Population*

Grande Prairie

Trade Area Population

40

27,551

Fort McMurray 63 43

$120,000

Private Dwellings*

Median Household Income*

Edmonton 16 2

$318,509

34.0

Median Age*

Average House Price (2021)

Calgary

*2021 Federal Census

25,000 – 60,000 Traffic counts at major intersections

Retail Figures $3.7 Billion

3.8 Million s.f.

$446 Million

115,000 s.f.

Total Trade Area Retail Spending

Retail sales Inflow from outside of Grande Prairie

Current Retail Floorspace

Residual Retail Demand


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