Town of Devon
Devon is a strategically located community, 20 minutes from Edmonton, Alberta’s capital city, and ten minutes from the Edmonton International Airport. The community is located on the banks of the scenic North Saskatchewan River and includes an extensive trail system. This trail system makes the community ideal to host events for the three major cycling disciplines and has transformed Devon into Bike Town Alberta.
Devon is home to Leduc #1, Alberta's most prolific conventional oil reserves that resulted in a boom in petroleum exploration and development across Western Canada beginning in 1947. The event ushered Alberta into a new age of economic activity and transformed the province from an agrarian economy to that of oil and gas. Home to the CanmetENERGY Devon Research Centre, the town is setting the stage to play a lead role in innovative alternative energy development in the province.
Devon features an excellent school system, an award winning fire department, a full service RCMP facility, a hospital and a full range of professional medical services. The community provides residents with opportunities to live active, healthy lives and a sense of belonging is prominent.
The community also boasts a growing retail and commercial sector with a variety of professional and customer oriented services. The area is ideal for businesses as the town does not levy tax on businesses.
Median Age: 35.2
Private Dwellings: 2,385
Average Single Family Dwelling Price: $315,741
Average Income: $46,681
Average Family Income: $98,869
Labour Force: 3,685
Unemployment rate: 5.6%
2015 Residential Tax Rate: 7.9%