Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Kingman: Wednesday, February 8, 2012   
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Related Links:
Ardrossan
Bawlf
Camrose
Edberg
Ryley
Sherwood Park
Tofield
Vegreville
Viking
Wetaskiwin

Kingman Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Kingman

Year Year to Year
Comparison
** National
Contribution
2009: 33.33% 0.00%
2003: 66.67% 0.00%

Note: ** Total national contribution of Kingman mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Alberta


Location Contribution
172:  FORT VERMILION, AB 0.008%
173:  DUNMORE, AB 0.008%
174:  DUFFIELD, AB 0.008%
175:  PLAMONDON, AB 0.008%
176:  COUTTS, AB 0.006%
177:  KINGMAN, AB 0.006%
178:  EDBERG, AB 0.006%
179:  ENTWISTLE, AB 0.006%
180:  TOMAHAWK, AB 0.006%
181:  OHATON, AB 0.006%
182:  KITSCOTY, AB 0.006%

Nearest Settlements


1Camrose, Alberta
2Tofield, Alberta
3Ryley, Alberta
4Ardrossan, Alberta
5Bawlf, Alberta
6Sherwood Park, Alberta
7Vegreville, Alberta
8Wetaskiwin, Alberta
9Edberg, Alberta
10Viking, Alberta
11Ponoka, Alberta
12Beaumont, Alberta
13Edmonton, Alberta
14Millet, Alberta
15Irma, Alberta


Product Popularity for Kingman


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 66.7%
Refinance: 33.3%
 
Total Application Types Found: 2
 Kingman Mortgage Product Popularity Pie Chart

Age Demographics for Kingman Mortgages

Average age: 36
Oldest age: 60
Youngest age: 24


Incomes for Kingman Mortgages

The amounts shown below represent the average income of people living in Kingman who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Kingman: $87,166.67
applicants within all of Canada: $59,498.47
Difference: $27,668.20
  

Since the average income of Kingman is much higher than our Canadian national average, we have included the MEDIAN annual gross income for this area. 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 Kingman: $26,000.00
applicants within all of Canada: $59,498.47
Difference: ($33,498.47)

Note: Commercial Mortgage loans were not included for this report, only residential mortgage loan amounts were used.

Residential Status for Kingman Mortgage Applicants

The following table represents the residential status of people living in Kingman who have applied for a mortgage loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 33.3%
Own: 33.3%
Live with parents: 33.3%
Kingman Residential Status Pie Chart

Marital Status for Kingman Mortgage Applicants

The following information represents the marital status of applicants from Kingman, Alberta using the preapproval application located at canequity.com. 33% of the mortgage applicants are either married or living common-law, while only 66% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 66.7%
Married: 33.3%
Kingman Marital Status Pie Chart