Devon Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 8.33% | * 0.00% |
| 2007: | 50.00% | 0.02% |
| 2004: | 25.00% | 0.01% |
| 2003: | 8.33% | 0.00% |
| 2002: | 8.33% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 048: | ST PAUL, AB | 0.042% |
| 049: | WAINWRIGHT, AB | 0.042% |
| 050: | MORINVILLE, AB | 0.042% |
| 051: | THREE HILLS, AB | 0.042% |
| 052: | BONNYVILLE, AB | 0.039% |
| 053: | DEVON, AB | 0.039% |
| 054: | REDCLIFF, AB | 0.039% |
| 055: | LAC LA BICHE, AB | 0.039% |
| 056: | LANGDON, AB | 0.039% |
| 057: | VEGREVILLE, AB | 0.035% |
| 058: | COALDALE, AB | 0.035% |
| 1 | Beaumont, Alberta |
| 2 | Stony Plain, Alberta |
| 3 | Calmar, Alberta |
| 4 | Spruce Grove, Alberta |
| 5 | Leduc, Alberta |
| 6 | Carvel, Alberta |
| 7 | Edmonton, Alberta |
| 8 | Thorsby, Alberta |
| 9 | Lancaster Park, Alberta |
| 10 | Warburg, Alberta |
| 11 | Sherwood Park, Alberta |
| 12 | St Albert, Alberta |
| 13 | Breton, Alberta |
| 14 | Alberta Beach, Alberta |
| 15 | Millet, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.0% | |
| First-time Buyer: | 25.0% | |
| Renewal: | 16.7% | |
| No Money Down: | 16.7% | |
| Refinance: | 8.3% | |
| Pre-approval: | 8.3% | |
| Total Application Types Found: 6 | ||
Average age: 33
Oldest age: 49
Youngest age: 23
The numbers below represent the average income of Canadians living in Devon who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Devon: | $84,476.67 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | $27,936.72 |
| mortgage co-applicants in Devon: | $36,400.00 |
| co-applicants within all of Canada: | $39,480.41 |
| Difference: | ($3,080.41) |
Since the average income of Devon is much higher than the Canadian national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Devon: | $82,500.00 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | $25,960.06 |
The chart and pie-graph below depicts the residential status of people living in Devon who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 58.3% | |
| Own: | 33.3% | |
| No Comment: | 8.3% |
The following information represents the marital status of applicants from Devon, Alberta using the mortgage preapproval application found on the CanEquity Mortgage web site. Approximately 83% of the mortgage applicants are living with someone, while only 16% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Common-law: | 41.7% | |
| Married: | 41.7% | |
| Single: | 16.7% |
