Demographics & Market Overview
Explore Vegreville’s population, income, housing, labour force, and investment data. See why Alberta businesses choose Vegreville.
Vegreville, Alberta is a stable and growing community of 6,153 residents (2025), offering investors a balanced market supported by workforce availability, household income strength, and active real estate development. With steady population growth, strong family incomes, and significant recent capital investment, Vegreville provides a solid foundation for commercial, industrial, and residential expansion.
Population & Community Profile
- Population (2025): 6,153
- Visible Minority Population: 8.35%
- Indigenous Population: 7.74%
Vegreville offers a stable demographic base with generational workforce continuity and a welcoming, diverse community environment.
Household Income & Consumer Strength
Vegreville households demonstrate strong purchasing power:
- Median Family Income (2023): $106,370
- Couple Families Median Income: $116,950
- Lone-Parent Families Median Income: $60,510
This income stability supports local retail, professional services, housing demand, and long-term business sustainability.
Housing & Real Estate Activity
The local housing market reflects high demand and strong investment activity:
- Residential Vacancy Rate (2024): 0.60%
- Average Residential Rent (2024): $1,006
- Dwelling Units (2023): 2,595
- Single-Family Homes: 74.6%
- Land Title Transfers (2025): 171
- Total Value of Transfers (2025): $41.6M
Low vacancy rates and active land transfers signal opportunity for residential development and mixed-use growth.
Construction & Capital Investment
Vegreville continues to see meaningful project activity:
- Major Projects (2024): $184.2M
- Building Permit Value (2024): $3.8M
- Permits Issued (2024): 28
Recent investment activity demonstrates confidence in Vegreville’s long-term economic outlook.
Labour Force & Workforce Development
Vegreville provides access to a skilled and developing workforce supported by strong regional education opportunities:
- Labour Force (2021): 2,695
- Participation Rate: 60%
- Employment Rate: 54%
- Employment Insurance Recipients (2024): 103
- Total Apprentices Registered (2024): 104
- New Apprentices Registered (2024): 34
- Post-Secondary Enrolment (2023): 267
Post-Secondary Opportunities (~100 km Radius)
Vegreville benefits from proximity to multiple post-secondary institutions that supply trained graduates and apprenticeship candidates for regional employers:
- Lakeland College – Vermilion & Lloydminster: Serves 7,000+ students annually, including full- and part-time learners across certificates, diplomas, and applied programs.
- University of Alberta (Edmonton): ~46,200 students across undergraduate, graduate, and professional programs — one of Canada’s leading research universities.
- MacEwan University (Edmonton): Comprehensive university offering bachelor’s degrees, diplomas, and certificates (typically ~18,000+ students).
- The King’s University (Edmonton): ~900 students in arts, sciences, business, and education programs.
- Northern Alberta Institute of Technology (NAIT): ~15,700 credit students plus thousands of apprentices and continuing learners in technology, trades, business, and applied sciences.
- NorQuest College (Edmonton): ~12,400 post-secondary learners in career, health, business, and trades programs.
- Concordia University of Edmonton (Edmonton): Small-to-medium university offering undergraduate and graduate studies