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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 217 sunny days/yr
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

Income Overview

Median Household Income
$97,000
29% above
US avg: $75,149
Per Capita Income
$47,716
22% above
US avg: $39,052
Unemployment Rate
10.7%
197% above
US avg: 3.6%
Poverty Rate
13.5%
9% above
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
$97,000
129%
Per Capita
US: $39,052
$47,716
122%
Avg Weekly Wage
US: $1,432
$918
64%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$918
36% below US avg ($1,432)
Mean Commute Time
27 min
4% below US avg (28 min)
Work From Home
23.8%
57% above US avg (15.2%)
Drive Alone
83.6%
14% above US avg (73.2%)
Public Transit
1.0%
80% below US avg (5.0%)

How Residents Get to Work

Drive Alone 83.6%
Public Transit 1%
Work From Home 23.8%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
167

Complete Economy Data

Income & Wages

Median Household Income$97,000
Per Capita Income$47,716
Avg Weekly Wage$918

Hardship Indicators

Unemployment Rate10.7%
Poverty Rate13.5%

Commute

Mean Commute27 minutes
Drive Alone83.6%
Public Transit1.0%
Work From Home23.8%

Businesses

Total Establishments167

Tax