Lacombe has a unique assortment of businesses and attractions that draw not only the residents of Lacombe but also people from surrounding communities. Because of Lacombe’s close proximity to the City of Red Deer, it has long been underserviced with Retail Businesses, but that has already started to change with Lacombe’s population currently at 13,000 and within 5 years likely around 15,000. The City of Lacombe is also a regional trade hub with a primary and secondary trade area of over 50,000 people.
Here is a breakdown of Lacombe’s primary and secondary trade area, with a combined population of over 50,000.
| City/Town/County | Population | Distance |
| Lacombe | 13,060 | — |
| Lacombe County | 10,434 | — |
| Blackfalds | 9,510 | 10 km South |
| Ponoka County | 8,980 | — |
| Ponoka | 6,773 | 22 km North |
| Bentley | 1,122 | 20 km West |
| Clive | 675 | 18 km East |
| Total | 50,554 |