Based on figures from the 2006 Census, the median age of Town residents is 50.9, which is significantly older than the median age of the population for Alberta as a whole, at 36.7. Not surprisingly, the Town contains a lower proportion of young people when compared to the province as a whole, as 12.9% of the population is under the age of 15, as opposed to 18.7% for all of Alberta.

Many population pyramids from small urban areas exhibit a smaller percentage of residents between the ages of 20 and 39, because individuals in this demographic often relocate to larger urban areas for education and employment opportunities. The Town of Smoky Lake’s population pyramid generally conforms to this rule of thumb, though to a lesser extent for males. This phenomenon indicates that there are likely more employment opportunities in the region for males and thus young men do not need to migrate elsewhere for employment opportunities.