Demographics in Olds, AB

Population Marital Status Employment Spoken Language Median Income Households Housing Education Commute Time

What is the population of Olds?

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		Y-o-Y Change
Total population 2020*	9,753	1.3%

Population by gender

		% of Total
Total population 2016	9,185
Male population	4,440	48.3%
Female population	4,745	51.7%

Average age

42.4

Male population 48.3%

Female population 51.7%

Population by age group

		% of Total
Under 14	1,530	16.7%
15 to 24	1,120	12.2%
25 to 34	1,205	13.1%
35 to 44	1,100	12.0%
45 to 54	1,135	12.4%
55 to 64	1,115	12.1%
Over 65	1,980	21.6%

Under 14 16.7%

15 to 24 12.2%

25 to 34 13.1%

35 to 44 12.0%

45 to 54 12.4%

55 to 64 12.1%

Over 65 21.6%

There are 9,185 residents in Olds, with an average age of 42.4. Males make up 48.3% of the population, while females account for 51.7%. Locals over 65 years old represent the largest age group in Olds (1,980 individuals), followed by those aged under 14 (1,530 people).

What is the marital status of Olds residents?

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		% of Total
Married	3,905	51.0%
Common law	660	8.6%
Single	1,770	23.1%
Separated	190	2.5%
Divorced	505	6.6%
Widowed	625	8.2%

Married 51.0%

Common law 8.6%

Single 23.1%

Separated 2.5%

Divorced 6.6%

Widowed 8.2%

A total of 1,770 people in Olds have never been married (which represents 23.1% of the population). Wedded people in Olds (3,905 locals) account for 51% of the resident pool. Meanwhile, approximately 8.6% of locals live common law (that’s a total of 660 people).

What are the employment statistics in Olds?

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Unemployment rate	9.1%

		% of Total
Management	525	11.6%
Business, finance and administration	560	12.4%
Natural and applied sciences	170	3.8%
Health	360	8.0%
Education, law, community and government services	500	11.1%
Art, culture, recreation and sport	120	2.7%
Sales and service	1,040	23.1%
Trades and transport	785	17.4%
Natural resources and agriculture	275	6.1%
Manufacturing and utilities	170	3.8%

Management 11.6%

Business, finance and administration 12.4%

Natural and applied sciences 3.8%

Health 8.0%

Education, law, community and government services 11.1%

Art, culture, recreation and sport 2.7%

Sales and service 23.1%

Trades and transport 17.4%

Natural resources and agriculture 6.1%

Manufacturing and utilities 3.8%

Olds has an unemployment rate of 9.1%. Regarding the most common jobs in Olds, people working in Sales and service account for the largest share of the local workforce (1,040 individuals), followed by those in Trades and transport (785 individuals) and Business, finance and administration (560 individuals).

What language is most spoken in Olds?

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		% of Total
English	8,815	98.6%
French	90	1.0%
English and French	10	0.1%
Neither English nor French	25	0.3%

The majority of Olds residents (that’s 98.6%) speak English.

What is the median household income in Olds?

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Median household income	$78,517
Median after-tax household income	$69,495

The median household income in Olds is $78,517, while the median after-tax household income sits at $69,495 per year.

How many households are there in Olds?

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Homeownership

		% of Total
Total households	3,700
Owned households	2,720	73.5%
Rented households	980	26.5%

Owned households 73.5%

Rented households 26.5%

Household size


Average household size	2.4

		% of Total
1 person	995	26.9%
2 person	1,440	39.0%
3 person	520	14.1%
4 person	470	12.7%
5 person	270	7.3%

1 person 26.9%

2 person 39.0%

3 person 14.1%

4 person 12.7%

5 person 7.3%

Households by age of primary maintainer

		% of Total
Under 34	2,490	59.8%
35 to 44	735	17.6%
45 to 54	435	10.4%
55 to 64	210	5.0%
Over 65	295	7.1%

Under 34 59.8%

35 to 44 17.6%

45 to 54 10.4%

55 to 64 5.0%

Over 65 7.1%

There is a total of 3,700 households in Olds, 73.5% of which are owner-occupied and 26.5% of which have renters living in them. Meanwhile, the average household size in Olds is 2.4 people. Of the total households here, those with 2 people living in them account for the largest share of the market (1,440 households), followed by establishments occupied by 1 person (995 households). Moreover, families whose primary maintainer is under 34 years old represent the largest percentage of the total households in Olds, at 59.8%.

What are the housing characteristics in Olds?

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Year built

		% of Total
Before 1945	200	5.4%
Between 1946 and 1960	280	7.6%
Between 1961 and 1970	335	9.1%
Between 1971 and 1980	675	18.3%
Between 1981 and 1990	405	11.0%
Between 1991 and 2000	585	15.8%
Between 2001 and 2010	915	24.8%
After 2011	295	8.0%

Before 1945 5.4%

Between 1946 and 1960 7.6%

Between 1961 and 1970 9.1%

Between 1971 and 1980 18.3%

Between 1981 and 1990 11.0%

Between 1991 and 2000 15.8%

Between 2001 and 2010 24.8%

After 2011 8.0%

No. of bedrooms

		% of Total
No bedrooms	10	0.3%
1 bedroom	260	7.0%
2 bedrooms	840	22.7%
3 bedrooms	1,130	30.5%
4 or more bedroom	1,465	39.5%

No bedrooms 0.3%

1 bedroom 7.0%

2 bedrooms 22.7%

2 bedrooms 30.5%

4 or more bedroom 39.5%

Property type

		% of Total
Single-detached homes	2,255	61.0%
Attached homes	1,225	33.2%
Movable homes	215	5.8%

Single-detached homes 61.0%

Attached homes 33.2%

Movable homes 5.8%

Median home value	$320,510
Average home value	$345,313

Home improvement needed

		% of Total
Regular maintenance	2,530	68.3%
Major repairs	155	4.2%
Minor repairs	1,020	27.5%

Regular maintenance 68.3%

Minor repairs 27.5%

Major repairs 4.2%

Single-detached houses account for 61% of the residential buildings in Olds. Meanwhile, the median home value here is $320,510 and the average figure sits at $345,313. Of all the properties in Olds, 4 or more bedrooms units include 1,465 (the highest share) and 3 bedrooms units have 1,130 (second-highest share). Notably, when it comes to the condition of these homes, most of them require regular maintenance (68.3%) and minor repairs (27.5%).

What is the education level in Olds?

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		% of Total
No diploma	1,275	17.5%
High school diploma	2,160	29.6%
Apprenticeship diploma	835	11.5%
College diploma	1,750	24.0%
University diploma (below bachelor level)	170	2.3%
University degree	1,095	15.0%

No diploma 17.5%

High school diploma 29.6%

Apprenticeship diploma 11.5%

College diploma 24.0%

University diploma (below bachelor level) 2.3%

University degree 15.0%

Approximately 29.6% of the population in Olds has a high school diploma (that’s 2,160 residents). Olds locals holding a college diploma (1,750 people) account for 24% of the resident pool. Additionally, 15% of them hold a university degree (1,095 people).

What is the average commute time in Olds?

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Average commute time	19 min

Commuting mode

		% of Total
By car, truck or van	3,730	89.6%
By public transit	10	0.2%
By bicycle/by walking	350	8.4%
By other methods	75	1.8%

By car, truck or van 89.6%

By public transit 0.2%

By bicycle/by walking 8.4%

By other methods 1.8%

Commuting destinations

		% of Total
Commute within the same municipality	2,460	71.1%
Commute to another municipality within the same province	975	28.2%
Commute to a different province	25	0.7%

Commute within the same municipality 71.1%

Commute to another municipality within the same province 28.2%

Commute to a different province 0.7%

Commuting duration

		% of Total
Less than 15 minutes	2,490	59.8%
15 to 29 minutes	735	17.6%
30 to 44 minutes	435	10.4%
45 to 59 minutes	210	5.0%
More than 60 minutes	295	7.1%

Less than 15 minutes 59.8%

15 to 29 minutes 17.6%

30 to 44 minutes 10.4%

45 to 59 minutes 5.0%

More than 60 minutes 7.1%

Most employed people in Olds (2,490 individuals) travel less than 15 min to get to work, followed by those who commute 15 to 29 min (735 individuals). All in all, the average commute time in Olds is 19 min. The preferred commuting mode here is by car, truck or van and most employed Olds locals commute within the same municipality to get to work.

Methodology & Disclaimers

Demographic data shown in this section was gathered from the latest census data from Statistics Canada (2016).
Census aggregated data represented here is extracted from Data Tables, by topic, at census subdivision area level. Differences may be found between the totals of the various categories due to multiple variables.
The information is updated as soon as new data is made available. No representation, guarantee or warranty is made as to the accuracy or completeness of information.
*Total population 2020 extracted from Annual Population Estimates.