ECONOMY OF GRANDE PRAIRIE:
The main economy of Grande Prairie and area is Agriculture, Forestry, Oil and Natural Gas. Grande Prairie is a Wholesale and Retail Centre serving Northwest Alberta and Northeast British Columbia. A Business Advantage of the area is that there is no sales taxes.
FAMILY INCOME: 2017 the Median Family Income for residents in Grande Prairie was $118,026. In 2001 over 50% of families earned $60,000 and over. About 25% earned between $40,000 and $59,999. There were about 20% of families that earned between $20,000 and $39,999. Only 10% of families had income less than $19,999.
GRANDE PRAIRIE LABOUR FORCE BY INDUSTRY: (2001 Stats)
Business and Community Services: 41%, Retail and Wholesale: 19%, Construction: 9%, Mining: 9%, Manufacturing: 6%, Transportation and Utilities: 5%, Finance: 5% Public Administration: 3%, Agriculture: 2%.
The highest average wage (2017 Stats) is in the Oil & Gas Industry followed by Utilities, Educational Services, Manufacturing, Public Administration, Construction, Transportation & Warehousing, Health Care, Professional & Scientific Services, Forestry, and then others.
View of Grande Prairie from Richmond Hill just west of the city: View Photo
The total amount of Housing Starts in 2005 was 1,231 compared to 724 in 2001.
Most people lived in their own home in 2001 with about 65% of the population. The rest rented. 2001 had 65% of residents in Grande Prairie living in single-detached houses, while 22% lived in apartments. About 9% lived in row and semi-detached houses. The rest lived in detached duplexes and movable dwellings.