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Cobalt, ON

Ontario

Cobalt is a small town in Ontario with a population of 989. Residents earn $56,000 per year, which is 25% below the national average.

2.9 /5.0
C+ Fair
989 Population 1,239/sq mi density
$56,000 Median Income $35,400 per capita
$131,000 Home Value
$800 Median Rent 14.3% income on rent
36°F Avg Temperature 276 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$56,000 median income, 14.0% unemployment
A+
Affordability
5.0 / 5.0
$131,000 home value, $800/mo rent
F
Education
1.5 / 5.0
5.9% bachelor's degree or higher
Median Income $56,000
25% lower than US avg
Home Value $131,000
54% lower than US avg
Bachelor's+ 5.9%
83% lower than US avg
Median Rent $800
31% lower than US avg
Obesity Rate 26.2%
18% lower than US avg
Unemployment 14.0%
289% higher than US avg
Poverty Rate 21.6%
74% higher than US avg

How Cobalt Compares to the U.S. Average (100% = U.S. avg)

People

Population989
Median Age48.0 yrs
Density1,239/mi²
Male / Female50% / 49%
Largest GroupWhite 99%

Economy

C
Median Income$56,000
Per Capita$35,400
Unemployment14.0%
Poverty21.6%
Commute28 min

Housing

A+
Home Value$131,000
Rent$800
OwnershipN/A
Housing Units455
Rent Burden14.3%

Health

Obesity26.2%
UninsuredN/A
Smoking8.9%
Depression4.1%
Heart Disease9.5%

Climate

Avg Temp36°F (2°C)
AQI27 (Good)
Rain33.2 in/yr
Sunny Days276/yr
Elevation994 ft (303 m)

Education

F
Bachelor's+5.9%
High School+32.9%
Graduate+0.0%

Community

Commute28 min
Broadband94.0%

Is Cobalt a Good Place to Live?

Based on current data, Cobalt receives an overall livability score of 2.9 out of 5.0, earning a grade of C+. Key strengths include affordable housing, abundant sunshine, strong internet connectivity. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Cobalt has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Cobalt is $56,000, 25% below the national average of $75,149. At 14.0%, unemployment is notably high. The poverty rate of 21.6% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 28 minutes.

Cost of Living & Housing

The median home value in Cobalt is $131,000, 54% below the national median — offering relatively affordable homeownership. Renters pay a median of $800 per month, below the national average — a plus for affordability. At just 2.3x median income, home prices are very affordable relative to local earnings.

Education

5.9% of residents hold a bachelor's degree, below the national average of 33.7%. 32.9% have completed high school.

Climate & Weather

Cobalt has a cool climate with an average annual temperature of 36°F. Winters average 4°F in January while summers reach 64°F in July. With 276 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 33.2 inches, including 13.2 inches of snow. Air quality is rated Good with a median AQI of 27.

Cobalt has a population of 989 with a density of 1,239 people per square mile. The median age is 48.0 years, 23% older than the national median of 38.9. The city is predominantly White (99.5%).

Population

989
Total Population
1,239
People / sq mi
48.0yrs
Median Age
23% above US avg
0.8mi²
Land Area

Gender Distribution

Male 50%
Female 49.5%

Race & Ethnicity

Cobalt vs U.S. Average

Language Spoken at Home

English Only84.9%
8% above US avg
Spanish13.1%
2% below US avg
Other Languages2%

Social Characteristics

Cobalt vs U.S. Average

The median household income in Cobalt is $56,000, which is 25% below the national average of $75,149. The unemployment rate is 14.0% (above the 3.6% US average). 21.6% of residents live below the poverty line. Workers commute an average of 28 minutes.

Income: Cobalt vs U.S.

Commute Mode

Income

Median HH Income$56,000
25% below US avg
Per Capita Income$35,400

Employment & Poverty

Unemployment14.0%
289% above US avg
Poverty Rate21.6%
74% above US avg

Business (County)

Tax & Cost of Living

Cost of Living84.10 (100=avg)

Commute & Transportation

Commute Time27.8 min
Drive Alone84.3%
Public Transit4.3%
Work from Home7.1%

Walkability

The median home value in Cobalt is $131,000, 54% below the national average. Monthly rent averages $800 (31% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$131,000
54% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$800
31% below US avg
Rent Burden14.3%

Ownership & Property

Owner-Occupied67.0%
Renter-Occupied31.9%
Housing Units455

Property Tax

In Cobalt, 26.2% of adults are obese (below the 32.1% national rate). 8.9% are current smokers. 4.1% report depression. 76.3% are physically inactive.

Health Metrics: Cobalt vs U.S. Average (%)

Chronic Conditions

Obesity26.2%
18% below US avg
Diabetes5.5%
Heart Disease9.5%
High Blood Pressure22.1%

Behaviors & Mental Health

Smoking8.9%
36% below US avg
Binge Drinking10.0%
Physical Inactivity76.3%
Depression4.1%

Healthcare Access

Insurance Rate89.0%

Food & Exercise

Cobalt has an average annual temperature of 36°F (2°C). Winters average 4°F in January while summers reach 64°F in July. Annual precipitation is 33.2 inches. The area enjoys 276 sunny days per year. Air quality is rated Good with a median AQI of 27.

Temperature

4°F Jan (-16°C) 64°F Jul (18°C)
Annual Average36.4°F
33% below US avg
January Average4°F (-16°C)
July Average64°F (18°C)
Sunny Days276 days/yr

Precipitation & Snow

Annual Rainfall33.2 inches
13% below US avg
Snowfall13.2 inches/yr

Air Quality

AQI Median27.0
RatingGood
Good Days %89.5%

Geography

Elevation994 ft (303 m)
Area0.8 sq mi (2.1 km²)
Population Density1,239/sq mi
Coordinates47.3962°N, 79.6857°W
TimezoneAmerica/Toronto
5.9% of residents hold a bachelor's degree or higher (83% below US avg). 94.0% of households have broadband internet.

Education

Bachelor's Degree+5.9%
83% below US avg
High School+32.9%
Graduate Degree+0.0%
F Education Grade (1.5/5.0)

Urban-Rural Classification

Population Density1,239/sq mi
Total Area0.8 sq mi

Infrastructure & Services

Broadband Access94.0%

Safety & Disasters

Commute & Transportation

Avg Commute27.8 min
Drive Alone84.3%
Public Transit4.3%
Work from Home7.1%

Nearby Cities

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