Quick Facts & Demographics

Okotoks Historical Rental Market Statistics Summary

October

Vacancy

Rate (%)

 

Availability

Rate (%)

 

Average

Rent ($)

 

Median Rent

($)

 

% Change

 

Units

2003

4.9

a

**

 

714

a

700

a

**

 

122

2004

1.6

a

**

 

694

a

675

a

-2.1

a

122

2005

1.7

a

1.7

a

729

a

700

a

6.3

a

121

2006

0.0

a

0.0

a

767

a

800

a

0.9

a

110

2007

0.9

a

0.9

a

828

a

840

a

11.4

c

106

2008

1.0

a

1.1

a

862

a

900

a

4.6

a

102

2009

2.8

a

2.8

a

979

a

1,000

a

**

 

108

2010

2.0

a

3.9

a

865

a

790

a

++

 

102

2011

0.0

a

3.9

a

954

a

960

a

11.8

a

102

2012

5.8

a

9.2

a

979

a

960

a

4.0

c

120

2013

0.0

a

0.9

a

937

a

950

a

-4.0

a

114

2014

0.9

a

0.9

a

942

a

980

a

1.6

a

114

Notes:

  • The following letter codes are used to indicate the reliability of the estimates: 
    a – Excellent, b – Very Good, c – Good, d – Fair (Use with Caution)
  • ** Data suppressed to protect confidentiality or data not statistically reliable
  • - No units exist in the universe for this category
  • n/a: Not applicable

CMHC Rental Market Survey

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Okotoks Fact File

Okotoks Residential Starts (Number of Permits Issued)

Year

Single Family

Multi-Units

Duplexes

Total

Total Estimated Value of Construction

2003

269

168

12

449

$10,419,725

2004

318

105

44

467

$55,030,470

2005

539

130

42

711

$90,723,520

2006

701

278

92

1071

$148,917,630

2007

461

342

60

863

$116,963,990

2008

274

16

12

302

$81,656,225

2009

223

14

0

237

$68,055,530

2010

296

10

1

307

$88,614,105

2011

217

8

2

227

$66,153,130

2012

231

4

0

235

$67,992,595

2013

215

0

0

215

$65,821,435

201420900209$67,260,860

Okotoks Housing Count*

  • Residential Single Occupied: 7386
  • Residential Single Vacant: 271
  • Condo Multi Family: 2259
  • Residential Duplex Occupied: 372
  • Residential Duplex Vacant: 0 
  • Residential Mobile Home Occupied: 104 

*As of March 3, 2015

Okotoks Non-Residential and Miscellaneous Permits Issued

Year

Institutional

Commercial

Industrial

Miscellaneous

Total Permits

Total Estimated Value of Construction

2003

4

53

0

184

241

$21,006,331

2004

2

63

0

162

227

$8,883,115

2005

9

44

10

248

311

$28,813,562

2006

5

30

0

369

404

$9,227,561

2007

7

55

0

425

487

$39,525,627

2008

2

68

1

361

432

$51,893,549

2009

4

53

3

349

409

$29,904,602

2010

3

55

1

290

349

$36,775,498

2011

3

44

11

301

359

$12,646,153

2012

10

44

5

266

325

$30,391,161

2013

1

51

5

309

366

$29,850,529

201454716341618$30,251,254

Okotoks' Temperatures (Environment Canada)

Average MeanCF
Summer22.773
Winter-8.916

Population

Okotoks

Alberta

2015 Municipal Census28,016N/A

2014 Municipal Census

27,331

N/A

2013 Municipal Census

26,319

N/A

2012 Municipal Census

24,962

N/A

2011*

24,511

3,645,257

2011 Municipal Census

23,981

N/A

2010 Municipal Census

23,201

N/A

2009 Municipal Census

21,690

3,632,086

2008 Municipal Census

19,996

3,545,176

2006*

17,145

3,290,350

2001*

11,664

2,974,807

1998*

8,528

2,696,826

*Statistics Canada data from Federal Census.

Some Alberta Population Figures from Province of Alberta. All other local population data from the Okotoks Municipal Census (2008-2013).

2015 Census Quadrant Population Map

Birth Data: Number of Babies Born (Okotoks only)

YearNumber of Births
2004344
2005366
2006486
2007528

2008

544

2009

584

2010

381

2011

403

2012

373

2013

433

2014413
2015211 (to July 31, 2015)

*Source- Alberta Health Services, Calgary Zone, Public Health- Rural South

Population
  • Okotoks populations as of June 2015 Municipal Census: 28.016 or 2.5% increase from 2014
  • Okotoks populations as of June 2014 Municipal Census: 27,331 or 3.8% increase from 2013
  • Okotoks population as of June 2013 Municipal Census: 26,319 or 5.1% increase from 2012
  • Okotoks Population as of June 2012 Municipal Census: 24,962 or 4.1% population increase over 2011
  • Okotoks Population as of 2011 Federal Census: 24,511 or 42.9% population growth since 2006

    Statistics Canada

Location
  • to Calgary City Limits - 18 km
  • to Calgary International Airport - 64 km
  • to Edmonton - 328 km
  • to the U.S. Border - 287 km
Growth Rate

46.7% growth from 2001 to 2006 and 42.9% population growth from 2006-2011. 4% population growth from June 2011 to June 2012 and another 5% growth from June 2012 to June 2013.
 

Number of Businesses

Number of active business licenses year end 2014: 1,824. Of this amount there are 656 home based businesses, 564 storefront/industrial and 1,219 businesses are physically located in Okotoks. There were 60 new storefront (physically located) business licenses issued and 114 new home-based business licenses issued in 2014.  For questions please contact Economic Development at 403-938-8052.

Employment Base

Education, construction/trade, information technology, transportation & logistics, commercial business, manufacturing, professional & technical services, retail, home-based businesses, agriculture, tourism, and municipal government.

Major Employers

Okotoks has hundreds of small and medium sized enterprises. Please see the Okotoks Major Employers List in PDF format for a sample of the larger employers in the community.
Okotoks Major Employers List

Trade Area

Okotoks is the regional centre of commercial activity with a trade area estimated at 250,000+ people. Okotoks is officially the largest trading area in Southern Alberta between Lethbridge, AB and Calgary, AB. The trade area includes Okotoks, South Calgary, High River, Black Diamond, Turner Valley, Municipal District of Foothills, Heritage Point, Vulcan, Nanton and rural areas of approximately 2,000 square kms. Trade area for tourism, industrial, retail and professional service businesses extends to Calgary (trade area: 1,000,000 people). Some of the larger retail stores have trading areas of 100,000 to 250,000 people (depending on what geography is included).

Highways, Air Services, Rail Services

Highways
Highway 2A runs into the Town of Okotoks. Highway 2A then transitions into Northridge & Southridge Drive. The Town is situated just 8 km west of Highway 2. Highway 7 forms the southern boundary of the Town, and runs south to the Town of High River, and west to the Towns of Turner Valley and Black Diamond. Highway 7 connects to Highway 2 via the Aldersyde overpass providing rapid access (5 minutes or 8 KM) into south Okotoks.

Air Services
Okotoks is the proud home of the Okotoks Air Ranch and Canada's first private air park community. Privately owned and operated, this Certified Airport has a 3,100 foot runway (paved in 1999) that is set in 32 acres of lush green space that runs through the neighbourhood. The runway places you on the doorstep from the moment you touch down. The nearest commercial air service is provided at the Calgary International Airport, located 64 km north of Okotoks. The nearest air freight facilities are also at Calgary International Airport. Transport Canada classifies the Okotoks Air Ranch as a certified airport/registered aerodrome. Located at Latitude: N50 44' 07" and Longitude W113 56' 05" AV Gass 100LL Aircraft parking and storage tie-down and plug-in facilities. Two commercial firms are located at the Airport.

Rail Services
The Canadian Pacific Railway's Secondary Main Line runs through Okotoks. Spur track potential (not installed) is limited to the BurnsWest Industrial lands in the Southbank Business Park (Southeast Okotoks) or nearby about 7 minutes South of Okotoks near Cargill off of Highway 2A.

Climate
  • Average hours of sunshine per day: 6.34
  • Chinook Average: 25 days
  • Frost free days: 112
  • Mean rainfall per year: 11.8 inches (300 mm)
  • Mean snowfall per year: 60 inches (153 cm)
  • Mean total precipitation: 16.7 inches
  • Number of days with precipitation: 113
  • Elevation: 1053 metres (3,500 ft)
Portrait of Okotoks' Population Federal Census

Feb 8, 2012 Federal Census Release Date:

  • Okotoks population in 2011 was 24,511 and in 2006 it was 17,150 people.
  • 42.9% growth in population in a 5 year period (2006-2011)
  • Population density per square kilometer: 1,273.8 in 2011 versus 924.4 in 2006.
  • Total private dwellings: 8,704
  • Total private dwelllings occupied by usual residents: 8,423
  • Land Area (square KM): 19.24

 May 29, 2012 Federal Census Release:

  • Median age of the Okotoks population is 34.1 years of age.
  • In Okotoks 24.8% of the citizens are 14 years of age or younger
  • Percentage of the population aged 15 and over: 75.2%
  • Percentage of the population 19 and under: 33%
  • Percentage of the population aged 20 to 59 years of age: 53.9%
  • Percentage of population 60 plus: 11%