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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
Income Overview
Median Household Income
$113,000
50% above
US avg: $75,149
Per Capita Income
$67,500
73% above
US avg: $39,052
Unemployment Rate
9.6%
167% above
US avg: 3.6%
Poverty Rate
6.0%
52% below
US avg: 12.4%
Income Comparison: Cochrane vs. U.S. Average
Each bar shows Cochrane’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$113,000
150%
Per Capita
US: $39,052
$67,500
173%
Avg Weekly Wage
US: $1,432
$1,298
91%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,298
9% below US avg ($1,432)
Mean Commute Time
31 min
11% above US avg (28 min)
Work From Home
34.2%
125% above US avg (15.2%)
Drive Alone
86.3%
18% above US avg (73.2%)
Public Transit
1.2%
76% below US avg (5.0%)
How Residents Get to Work
Drive Alone
86.3%
Public Transit
1.2%
Work From Home
34.2%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
998
Complete Economy Data
Income & Wages
| Median Household Income | $113,000 |
| Per Capita Income | $67,500 |
| Avg Weekly Wage | $1,298 |
Hardship Indicators
| Unemployment Rate | 9.6% |
| Poverty Rate | 6.0% |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 86.3% |
| Public Transit | 1.2% |
| Work From Home | 34.2% |
Businesses
| Total Establishments | 998 |