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Cobourg, ON

Full City Profile · Ontario

2.5 /5.0
C+ Fair
20,519 Population 2,372/sq mi density
$77,000 Median Income $49,280 per capita
$600,000 Home Value
$1,220 Median Rent 22.8% income on rent
49°F Avg Temperature 253 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$77,000 median income, 12.4% unemployment
C
Affordability
2.3 / 5.0
$600,000 home value, $1,220/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.9% bachelor's degree or higher

Cobourg, ON

At a Glance

Median Income
$77,000
2% above
$49,280 per capita
Home Value
$600,000
113% above
Median Rent
$1,220/mo
5% above
22.8% of income on rent
Bachelor's Degree+
13.9%
59% below
32.2% high school+
Unemployment
12.4%
244% above
9.7% poverty rate
Avg Temperature
49°F
253 sunny days/yr

How Cobourg Compares to the U.S. Average

Each bar shows Cobourg's value as a percentage of the national average (100% = U.S. avg)

Income
102%
Home Value
213%
Rent
105%
Poverty
78%
Bachelor's
41%
Unemployment
344%
Thin vertical line = U.S. national average (100%)

Is Cobourg a Good Place to Live?

C+
2.5 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cobourg residents earn a median household income of $77,000 , which is 2% above the national average of $75,149. Per capita income is $49,280. The unemployment rate stands at 12.4% (244% above the U.S. rate of 3.6%). 9.7% of residents live below the poverty line. The area is home to 636 business establishments.

Housing & Cost of Living

The median home value in Cobourg is $600,000 , 113% above the national median of $281,900. Median rent is $1,220/month, with 22.8% of renters spending more than 30% of income on housing.

Education

13.9% of adults in Cobourg hold a bachelor's degree or higher (59% below the national average). 32.2% have completed high school.

Climate & Weather

Cobourg has an average annual temperature of 49°F (9°C). Winters average 30°F in January while summers reach 71°F in July. The area gets 253 sunny days per year. Annual precipitation totals 36.1 inches.

Data Overview

People

Population20,519
Median Age54.8 yrs
Density2,372/mi²
Male / Female46% / 54%

Economy

B
Median Income$77,000
Per Capita$49,280
Unemployment12.4%
Poverty9.7%
Avg Weekly Wage$948

Housing

C
Home Value$600,000
Rent$1,220
Ownership68.7%
Housing Units9,135
Rent Burden22.8%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp49°F
Sunny Days253/yr
Rain36.1 in/yr
Elevation276 ft

Education

C
Bachelor's+13.9%
High School+32.2%
Graduate+4.8%

Community

Commute23 min

Did You Know?

23.6% work from home.