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Cobalt, ON
Full City Profile · Ontario
2.8
/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
2.8 / 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
C+
Safety
2.5 / 5.0
F
Education
1.5 / 5.0
5.9% bachelor's degree or higher
Income Overview
Median Household Income
$56,000
25% below
US avg: $75,149
Per Capita Income
$35,400
9% below
US avg: $39,052
Unemployment Rate
14.0%
289% above
US avg: 3.6%
Poverty Rate
21.6%
74% above
US avg: 12.4%
Income Comparison: Cobalt vs. U.S. Average
Each bar shows Cobalt’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$56,000
75%
Per Capita
US: $39,052
$35,400
91%
Avg Weekly Wage
US: $1,432
$681
48%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$681
52% below US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
7.1%
53% below US avg (15.2%)
Drive Alone
84.3%
15% above US avg (73.2%)
Public Transit
4.3%
14% below US avg (5.0%)
How Residents Get to Work
Drive Alone
84.3%
Public Transit
4.3%
Work From Home
7.1%
Other
4.3%
Average commute time
28 minutes
US avg: 28 min
Business Landscape
Total Establishments
31
Complete Economy Data
Income & Wages
| Median Household Income | $56,000 |
| Per Capita Income | $35,400 |
| Avg Weekly Wage | $681 |
Hardship Indicators
| Unemployment Rate | 14.0% |
| Poverty Rate | 21.6% |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 84.3% |
| Public Transit | 4.3% |
| Work From Home | 7.1% |
Businesses
| Total Establishments | 31 |