Cochrane, ON

Full City Profile · Ontario

2.8 /5.0
C+ Fair
5,390 Population 26/sq mi density
$97,000 Median Income $47,716 per capita
$461,770 Home Value
$1,012 Median Rent 8.7% income on rent
39°F Avg Temperature
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$97,000 median income, 10.7% unemployment
B+
Affordability
4.0 / 5.0
$461,770 home value, $1,012/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.5 / 5.0
6.0% bachelor's degree or higher

Cochrane, ON

At a Glance

Median Income
$97,000
29% above
$47,716 per capita
Home Value
$461,770
64% above
Median Rent
$1,012/mo
13% below
8.7% of income on rent
Bachelor's Degree+
6.0%
82% below
26.9% high school+
Unemployment
10.7%
197% above
13.5% poverty rate
Avg Temperature
39°F

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
129%
Home Value
164%
Rent
87%
Poverty
109%
Bachelor's
18%
Unemployment
297%
Thin vertical line = U.S. national average (100%)

Is Cochrane a Good Place to Live?

C+
2.8 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cochrane residents earn a median household income of $97,000 , which is 29% above the national average of $75,149. Per capita income is $47,716. The unemployment rate stands at 10.7% (197% above the U.S. rate of 3.6%). 13.5% of residents live below the poverty line. The area is home to 167 business establishments.

Housing & Cost of Living

The median home value in Cochrane is $461,770 , 64% above the national median of $281,900. Median rent is $1,012/month, with 8.7% of renters spending more than 30% of income on housing.

Education

6.0% of adults in Cochrane hold a bachelor's degree or higher (82% below the national average). 26.9% have completed high school.

Climate & Weather

Cochrane has an average annual temperature of 39°F (4°C). Winters average 11°F in January while summers reach 65°F in July. Annual precipitation totals 31.9 inches.

Data Overview

People

Population5,390
Median Age41.8 yrs
Density26/mi²
Male / Female53% / 47%

Economy

B
Median Income$97,000
Per Capita$47,716
Unemployment10.7%
Poverty13.5%
Avg Weekly Wage$918

Housing

B+
Home Value$461,770
Rent$1,012
Ownership87.9%
Housing Units1,035
Rent Burden8.7%

Crime

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

Climate

Avg Temp39°F
Rain31.9 in/yr
Elevation902 ft

Education

F
Bachelor's+6.0%
High School+26.9%
Graduate+2.8%

Community

Commute27 min

Did You Know?

23.8% work from home.