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Cochrane, AB

Full City Profile · Alberta

3.3 /5.0
B Good
32,199 Population 2,641/sq mi density
$113,000 Median Income $67,500 per capita
$448,000 Home Value
$1,500 Median Rent 18.8% income on rent
40°F Avg Temperature 287 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$113,000 median income, 9.6% unemployment
A
Affordability
4.4 / 5.0
$448,000 home value, $1,500/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.6 / 5.0
19.6% bachelor's degree or higher

Cochrane, AB

At a Glance

Median Income
$113,000
50% above
$67,500 per capita
Home Value
$448,000
59% above
Median Rent
$1,500/mo
29% above
18.8% of income on rent
Bachelor's Degree+
19.6%
42% below
26.2% high school+
Unemployment
9.6%
167% above
6.0% poverty rate
Avg Temperature
40°F
287 sunny days/yr

How Cochrane Compares to the U.S. Average

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

Income
150%
Home Value
159%
Rent
129%
Poverty
48%
Bachelor's
58%
Unemployment
267%
Thin vertical line = U.S. national average (100%)

Is Cochrane a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cochrane residents earn a median household income of $113,000 , which is 50% above the national average of $75,149. Per capita income is $67,500. The unemployment rate stands at 9.6% (167% above the U.S. rate of 3.6%). 6.0% of residents live below the poverty line. The area is home to 998 business establishments.

Housing & Cost of Living

The median home value in Cochrane is $448,000 , 59% above the national median of $281,900. Median rent is $1,500/month, with 18.8% of renters spending more than 30% of income on housing.

Education

19.6% of adults in Cochrane hold a bachelor's degree or higher (42% below the national average). 26.2% have completed high school.

Climate & Weather

Cochrane has an average annual temperature of 40°F (4°C). Winters average 22°F in January while summers reach 62°F in July. The area gets 287 sunny days per year. Annual precipitation totals 19.3 inches.

Data Overview

People

Population32,199
Median Age39.2 yrs
Density2,641/mi²
Male / Female49% / 51%

Economy

B+
Median Income$113,000
Per Capita$67,500
Unemployment9.6%
Poverty6.0%
Avg Weekly Wage$1,298

Housing

A
Home Value$448,000
Rent$1,500
Ownership83.7%
Housing Units12,095
Rent Burden18.8%

Crime

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

Climate

Avg Temp40°F
Sunny Days287/yr
Rain19.3 in/yr
Elevation3,763 ft

Education

C+
Bachelor's+19.6%
High School+26.2%
Graduate+6.1%

Community

Commute31 min

Did You Know?

34.2% work from home.