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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
Housing Overview
Median Home Value
$461,770
64% above
US avg: $281,900
Median Rent
$1,012/mo
13% below
US avg: $1,163/mo
Homeownership Rate
87.9%
34% above US avg (65.4%)
Total Housing Units
1,035
Ownership vs. Renting
87.9%
Owner-Occupied
11.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
8.7%
of renters spending 30%+ of income on housing
72% below US avg (31.0%)
Homeownership Rate
87.9%
Complete Housing Data
Home Values
| Census Median Value | $461,770 |
Rent
| Census Median Rent | $1,012 |
Market
Ownership & Stock
| Owner-Occupied | 87.9% |
| Renter-Occupied | 11.6% |
| Homeownership Rate | 87.9% |
| Total Housing Units | 1,035 |
| Rent Burden | 8.7% |