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
Housing Overview
Median Home Value
$600,000
113% above
US avg: $281,900
Median Rent
$1,220/mo
5% above
US avg: $1,163/mo
Homeownership Rate
68.7%
5% above US avg (65.4%)
Total Housing Units
9,135
Ownership vs. Renting
68.7%
Owner-Occupied
31.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
22.8%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Homeownership Rate
68.7%
Complete Housing Data
Home Values
| Census Median Value | $600,000 |
Rent
| Census Median Rent | $1,220 |
Market
Ownership & Stock
| Owner-Occupied | 68.7% |
| Renter-Occupied | 31.3% |
| Homeownership Rate | 68.7% |
| Total Housing Units | 9,135 |
| Rent Burden | 22.8% |