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
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

Income Overview

Median Household Income
$77,000
2% above
US avg: $75,149
Per Capita Income
$49,280
26% above
US avg: $39,052
Unemployment Rate
12.4%
244% above
US avg: 3.6%
Poverty Rate
9.7%
22% below
US avg: 12.4%

Income Comparison: Cobourg vs. U.S. Average

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

Median Household
US: $75,149
$77,000
102%
Per Capita
US: $39,052
$49,280
126%
Avg Weekly Wage
US: $1,432
$948
66%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$948
34% below US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
23.6%
55% above US avg (15.2%)
Drive Alone
80.8%
10% above US avg (73.2%)
Public Transit
1.1%
77% below US avg (5.0%)

How Residents Get to Work

Drive Alone 80.8%
Public Transit 1.1%
Work From Home 23.6%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
636

Complete Economy Data

Income & Wages

Median Household Income$77,000
Per Capita Income$49,280
Avg Weekly Wage$948

Hardship Indicators

Unemployment Rate12.4%
Poverty Rate9.7%

Commute

Mean Commute23 minutes
Drive Alone80.8%
Public Transit1.1%
Work From Home23.6%

Businesses

Total Establishments636

Tax