Medicine Hat is stable, young, and growing. It has a stable population pyramid with a good percentage of its workforce in the 20-35 age range. In other words, there is a replacement workforce for those approaching retirement.
Medicine Hat has a higher proportion of seniors than the province and larger centres like Calgary and Red Deer, but only slightly higher than nearby Lethbridge. At the same time, Medicine Hat has a higher proportion of children and youth than Western Canadian cities like Kelowna.
Data source: StatsCan Census Profile