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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
Housing Overview
Median Home Value
$131,000
54% below
US avg: $281,900
Median Rent
$800/mo
31% below
US avg: $1,163/mo
Homeownership Rate
67.0%
2% above US avg (65.4%)
Total Housing Units
455
Ownership vs. Renting
67.0%
Owner-Occupied
31.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
14.3%
of renters spending 30%+ of income on housing
54% below US avg (31.0%)
Homeownership Rate
67.0%
Complete Housing Data
Home Values
| Census Median Value | $131,000 |
Rent
| Census Median Rent | $800 |
Market
Ownership & Stock
| Owner-Occupied | 67.0% |
| Renter-Occupied | 31.9% |
| Homeownership Rate | 67.0% |
| Total Housing Units | 455 |
| Rent Burden | 14.3% |