Economic Indicators

Average Household Income (Canada Census 2016): $105,632
Average Home Price (2020): $249,588
Average Lease Rate (2020):
- Retail: $12 - $14/sqft
- Industrial: $10 - $12/sqft
- Office: $8 - $10/sqft
Business Tax: N/A
# of New Business Licenses (2020): 61
# of New Development Permits (2020): 99
Lowest Tier Business License Fee (2020): $140
Property Tax for Business (Mill Rate) (2020): 13.0399
Wait Time for Development Permits: 40 days (as per the Act). However the Town of Slave Lake Planning & Development Department typically issues development permits in 21 days or less.

Largest Employers within Municipal Boundaries

Aspen Regional Healthcare Centre and the Town of Slave Lake.