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Local Demographics in Banff

Good to Know

  • Banff's population has grown substantially—22.5% over five years, indicating rapid development attracting both Canadian and foreign workers.
  • Nearly 27% of residents are foreign-born, with an additional 9.3% as non-permanent residents (temporary workers, international students), making Banff an internationally connected community.
  • The gender ratio skews slightly male (53.8% vs 46.2%), and the median age of 39.8 suggests a mature-working-age demographic rather than a young or retirement-focused community.
  • Over half of housing (58.1%) is rented rather than owner-occupied, reflecting a transient population common in Alpine resort towns.
  • English dominates (93.2% primary language); French speakers comprise 5.9%, though bilingual and other-language speakers are minimal.
  • Banff attracts venture capital and technology entrepreneurs—the Banff Venture Forum is a major annual event connecting emerging tech companies with North American investors.

Housing (per month)

Rented Percent
58.1
Owner Occupied Percent
41.9
Vacant Dwellings
357
Avg Household Size
2.3
Occupied Dwellings
2930

Language

Bilingual
0.3
French Primary
5.9
English Primary
93.2
Other Languages
0.5

Population

Five Year Growth Percent
22.5
Year Over Year Growth Percent
1.99
Year
2025
Total
11402

Demographics

Median Age
39.8

Age Distribution

15 24
13.3
25 34
23.4
35 44
16.1
45 54
13.3
55 64
12.3
65 Plus
12
Under 15
9.5

Gender Breakdown

Male Percent
53.8
Female Percent
46.2

Foreign Born

Percentage
27.2
Count
1865
Census Year
2021

Canadian Born

Percentage
63.4
Count
4345
Census Year
2021

Tech Presence

Description
Banff Venture Forum hosts Canada's premier company financing event for emerging technology companies showcasing to venture capital and private equity investors across North America

Business Presence

Businesses Growth From 2023 Percent
1.7
Total Businesses 2024
418

Non Permanent Residents

Percentage
9.3
Count
640
Census Year
2021
AI-generated estimateData refreshed July 2026

These are the sources cited in this local demographics research for this city. Individual figures may not each trace to one of them.

  1. 1.regionaldashboard.alberta.ca
  2. 2.banff.ca
  3. 3.www12.statcan.gc.ca
  4. 4.point2homes.com
  5. 5.regionaldashboard.alberta.ca
  6. 6.banffventureforum.com

Data last updated July 2026 · Verify anything important.