Economic Indicators
Overview
Real GDP (2012 $) and Population Projections
Total Real GDP
$21.78 B
11.2% change from Q2 2020
Population Estimate (CMA)
342,341
0.5% change from Q1 2021
SK Population : Q2 2021
1,177,884
-0.07% change from Q1 2021
Labour Market
Saskatoon CMA
Unemployment Rate (CMA)
7.5%
-0.9 PP change from Q1 2021
Employment Level (CMA)
171,567
2.2% change from Q1 2021
Total Labour Force
185,400
1.2% change from Q1 2021
Participation Rate (CMA)
68.0%
0.5 PP change from Q1 2021
Housing Market YTD
Housing Starts
1,431
110.8% change from Q2 2020
Building Permit Value
420.450M*
55.3% change from Q2 2020
Average Sales Price
$374,921
8.8% change from Q2 2020
Other Indicators YXE YTD
New Business Licenses
629
22.1% change from Q2 2020
Airport Traffic
82,167
-76.0% change from Q2 2020
Inflation Rate
1.4%
-0.07 PP change from Q1 2021
Economy
GDP Distribution by Industry Comparison
GDP at Basic Prices by Industry
Sales of New Motor Vehicles – Values, Provincial
Consumer Price Index
Demographics
Population Estimate (CMA)
Population Growth Rate (CMA)
Median Age Comparision (CMA)
Period of Immigration
Period of Immigration
Periods of migration shows how many people who entered Canada are currently residing in Saskatoon, SK.
The largest influx of immigrants to Canada was 2011 to 2016, where 17,995 people surveyed called Canada their new home.
Aboriginal Identification
Aboriginal Identification
The aboriginal populations chart shows the composition of the aboriginal population in a municipality.
The largest aboriginal population are that of the First Nations, making up 53.54 per cent of the total aboriginal population. At 12,255 people, the second largest Aboriginal population is the Metis. persons with Registered or Treaty Indian status but are not First Nations, Métis or Inuit follows with 0.67% of the total Aboriginal population in Saskatoon, SK.
Housing Market & Real Estate
Building Permit Volume
Housing Starts
Average Rents
Housing Prices
Vacancy Rates
Vacancy Rates
The vacancy rates are vacancy rates in primary rental market which consists of units in privately initiated, purpose-built rental structures of three units or more.
Employment
Unemployment Rate (CMA)
Employment Level (CMA)
Employment By Industry (CMA)
Employment By Occupation (CMA)
Business Investments
Investment In Construction
Total Business Licenses
New Business Licenses
Labour Force by Industry
Household
Average Weekly Earnings (incl overtime)
Median Household Income
Median Household Income
The median income indicates the income bracket separating the income earners into two halves of equal size.
In Saskatoon, SK, the median household income is $79,001 per year. The median household income in Saskatoon, SK is greater than the national household median income in 2015.