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Cold Lake, AB

Alberta

Cold Lake is a small town in Alberta with a population of 181. Residents earn $65,500 per year, which is 13% below the national average.

2.8 /5.0
C+ Fair
181 Population 11/sq mi density
$65,500 Median Income $50,913 per capita
$290,615 Home Value
$1,091 Median Rent 16.2% income on rent
35°F Avg Temperature 305 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$65,500 median income, 40.0% unemployment
A
Affordability
4.2 / 5.0
$290,615 home value, $1,091/mo rent
D
Education
1.6 / 5.0
7.7% bachelor's degree or higher
Median Income $65,500
13% lower than US avg
Home Value $290,615
3% higher than US avg
Bachelor's+ 7.7%
77% lower than US avg
Median Rent $1,091
6% lower than US avg
Obesity Rate 26.2%
18% lower than US avg
Unemployment 40.0%
1011% higher than US avg
Poverty Rate 12.9%
4% higher than US avg

How Cold Lake Compares to the U.S. Average (100% = U.S. avg)

People

Population181
Median Age40.8 yrs
Density11/mi²
Male / Female50% / 50%
Largest GroupWhite 100%

Economy

C+
Median Income$65,500
Per Capita$50,913
Unemployment40.0%
Poverty12.9%
Commute28 min

Housing

A
Home Value$290,615
Rent$1,091
OwnershipN/A
Housing Units50
Rent Burden16.2%

Health

Obesity26.2%
UninsuredN/A
Smoking8.9%
Depression4.1%
Heart Disease9.5%

Climate

Avg Temp35°F (1°C)
AQI27 (Good)
Rain16.9 in/yr
Sunny Days305/yr
Elevation1,811 ft (552 m)

Education

D
Bachelor's+7.7%
High School+19.2%
Graduate+0.0%

Community

Commute28 min
Broadband94.0%

Is Cold Lake a Good Place to Live?

Based on current data, Cold Lake receives an overall livability score of 2.8 out of 5.0, earning a grade of C+. Key strengths include abundant sunshine, strong internet connectivity. Areas to be aware of include above-average unemployment. Cold Lake has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Cold Lake is $65,500, 13% below the national average of $75,149. At 40.0%, unemployment is notably high. 12.9% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 28 minutes.

Cost of Living & Housing

The median home value in Cold Lake is $290,615, roughly aligned with the national median of $281,900. Renters pay a median of $1,091 per month. A price-to-income ratio of 4.4x indicates a reasonably affordable housing market.

Education

7.7% of residents hold a bachelor's degree, below the national average of 33.7%. 19.2% have completed high school.

Climate & Weather

Cold Lake has a cool climate with an average annual temperature of 35°F. Winters average 2°F in January while summers reach 62°F in July. With 305 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 16.9 inches. Air quality is rated Good with a median AQI of 27.

Cold Lake has a population of 181 with a density of 11 people per square mile, spread across 16.1 square miles. The median age is 40.8 years, 5% older than the national median of 38.9. The gender split is 50% female and 50% male. The city is predominantly White (100%). English is the primary language spoken at home by 66.7% of residents. 18.5% of residents have a disability (above the 13.0% national average). 89.0% have health insurance coverage.

Population

181
Total Population
2021 Census
11
People / sq mi
40.8yrs
Median Age
5% above US avg
16.1mi²
Land Area

Gender Distribution

Male 50%
Female 50%

Race & Ethnicity

Cold Lake vs U.S. Average

Language Spoken at Home

English Only66.7%
15% below US avg
Spanish0.0%
100% below US avg
Other Languages33.3%

Social Characteristics

Cold Lake vs U.S. Average

The median household income in Cold Lake is $65,500, which is 13% below the national average of $75,149. Per capita income is $50,913 (above the $39,052 national figure). The unemployment rate is 40.0% (above the 3.6% US average). 12.9% of residents live below the poverty line. The cost of living index is 84.1, below the national baseline of 100 — offering relatively affordable living. Workers commute an average of 28 minutes. 0.0% of workers work from home (below the 15.2% national rate).

Income: Cold Lake vs U.S.

Commute Mode

Income

Median HH Income$65,500
13% below US avg
Per Capita Income$50,913

Employment & Poverty

Unemployment40.0%
1011% above US avg
Poverty Rate12.9%
4% above US avg

Business (County)

Tax & Cost of Living

Cost of Living84.10 (100=avg)

Commute & Transportation

Commute Time28.3 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Cold Lake is $290,615, 3% above the national median of $281,900. Monthly rent averages $1,091 (6% below the national average of $1,163). There are 50 total housing units in the city. 16.2% of renters spend 30% or more of their income on housing. The home price-to-income ratio is 4.4x.

Home Value Sources

Ownership Split

Home Values

Census Median$290,615
3% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,091
6% below US avg
Rent Burden16.2%

Ownership & Property

Owner-Occupied66.5%
Renter-Occupied33.5%
Housing Units50

Property Tax

In Cold Lake, 26.2% of adults are obese, below the national rate of 32.1%. 5.5% have diabetes (below the 10.5% national rate). Heart disease affects 9.5% of residents, above the national average. 22.1% have high blood pressure. 8.9% are current smokers (below the 14.0% national rate). 10.0% report binge drinking. 76.3% are physically inactive, above the national average. 4.1% report depression (below the 20.0% national average).

Health Metrics: Cold Lake vs U.S. Average (%)

Chronic Conditions

Obesity26.2%
18% below US avg
Diabetes5.5%
Heart Disease9.5%
High Blood Pressure22.1%

Behaviors & Mental Health

Smoking8.9%
36% below US avg
Binge Drinking10.0%
Physical Inactivity76.3%
Depression4.1%

Healthcare Access

Insurance Rate89.0%

Food & Exercise

Cold Lake has a cool climate with an average annual temperature of 35°F (1°C). Winters average 2°F in January while summers reach 62°F in July. The area gets 305 sunny days per year, well above the U.S. average of 205 — making it one of the sunnier locations in the country. Annual precipitation totals 16.9 inches (drier than the 38-inch national average). The area receives 3.4 inches of snow annually. Air quality is rated Good with a median AQI of 27 — among the cleanest air in the country. 90% of days have good air quality. The city sits at an elevation of 1,811 feet.

Temperature

2°F Jan (-17°C) 62°F Jul (17°C)
Annual Average34.6°F
36% below US avg
January Average2°F (-17°C)
July Average62°F (17°C)
Sunny Days305 days/yr

Precipitation & Snow

Annual Rainfall16.9 inches
55% below US avg
Snowfall3.4 inches/yr

Air Quality

AQI Median27.0
RatingGood
Good Days %89.5%

Geography

Elevation1,811 ft (552 m)
Area16.1 sq mi (41.6 km²)
Population Density11/sq mi
Coordinates54.4653°N, 110.1815°W
TimezoneAmerica/Edmonton

Monthly Weather

Month Avg Temperature Precipitation Summary
January 2°F (-17°C) 0.7 in Coldest
February 10°F (-13°C) 0.5 in Driest
March 21°F (-6°C) 0.7 in
April 38°F (3°C) 0.9 in
May 50°F (10°C) 1.7 in
June 58°F (14°C) 3.0 in
July 62°F (17°C) 3.1 in Warmest, Wettest
August 60°F (16°C) 2.6 in
September 50°F (10°C) 1.6 in
October 39°F (4°C) 0.8 in
November 20°F (-7°C) 0.8 in
December 6°F (-14°C) 0.7 in

Cold Lake has a seasonal temperature swing of 60°F — from 2°F in January to 62°F in July. Total annual precipitation is 16.9 inches, with July being the wettest month (3.1") and February the driest (0.5").

7.7% of adults hold a bachelor's degree or higher, 77% below the national average of 33.7%. 19.2% have completed high school. 0.0% hold a graduate or professional degree (below the 13.1% national rate). 94.0% of households have broadband internet access. 100% of workers drive alone to work.

Education

Bachelor's Degree+7.7%
77% below US avg
High School+19.2%
Graduate Degree+0.0%
D Education Grade (1.6/5.0)

Urban-Rural Classification

Population Density11/sq mi
Total Area16.1 sq mi

Infrastructure & Services

Broadband Access94.0%

Safety & Disasters

Commute & Transportation

Avg Commute28.3 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Frequently Asked Questions About Cold Lake

What is the population of Cold Lake?

Cold Lake has a population of 181 residents and is located in Alberta. The population density is 11 people per square mile, spread across 16.1 square miles. The median age of residents is 40.8 years. The population is 50% female and 50% male.

Is Cold Lake expensive to live in?

Cold Lake is more affordable than the national average, with a cost of living index of 84.1 — below the baseline of 100. The median household income is $65,500, 13% below the national average of $75,149. The median home value is $290,615 (3% above the U.S. median). Renters pay a median of $1,091 per month. The home price-to-income ratio is 4.4x, indicating housing is reasonably affordable relative to local income levels.

What is the weather like in Cold Lake?

Cold Lake has a cool climate with an average annual temperature of 35°F (1°C). Winter temperatures average 2°F in January, while summers reach an average of 62°F in July. The area receives 305 sunny days per year, well above the national average of 205. Annual rainfall totals 16.9 inches, with 3.4 inches of snow. Air quality is rated Good with a median Air Quality Index (AQI) of 27.

How is the job market in Cold Lake?

The job market in Cold Lake faces challenges, with unemployment at 40.0% — significantly above the national rate of 3.6%. The average commute time is 28 minutes, and 0.0% of workers work from home.

How much does housing cost in Cold Lake?

The median home value in Cold Lake is $290,615. For renters, the median monthly rent is $1,091.

How are the schools in Cold Lake?

7.7% of adults in Cold Lake hold a bachelor's degree or higher, below the national average of 33.7%. 19.2% have completed high school. 0.0% hold a graduate or professional degree.

How healthy is Cold Lake?

The obesity rate in Cold Lake is 26.2% (below the national rate of 32.1%). 8.9% of adults are smokers. 76.3% are physically inactive. 4.1% of residents report depression.

What is transportation like in Cold Lake?

The average commute in Cold Lake is 28 minutes. 100% of workers drive alone to work, and 0.0% work from home.

What are the demographics of Cold Lake?

The racial and ethnic makeup of Cold Lake is 100% White. 66.7% of residents speak only English at home. 18.5% of residents have a disability. 89.0% have health insurance coverage.

Nearby Cities

Grand Centre, AB 7,256 pop · 3.6 mi Bonnyville, AB 6,404 pop · 26.2 mi Bonnyville No. 87, AB 12,897 pop · 26.2 mi Kehewin 123, AB 1,038 pop · 36.3 mi Elk Point, AB 1,399 pop · 48.7 mi Seekaskootch 119, SK 2,191 pop · 54.4 mi St. Paul, AB 5,863 pop · 55.6 mi Meadow Lake No. 588, SK 2,553 pop · 61.6 mi Frenchman Butte No. 501, SK 1,250 pop · 64.2 mi White Fish Lake 128, AB 1,093 pop · 66.5 mi Vermilion River County, AB 7,994 pop · 73.1 mi Lac La Biche, AB 7,673 pop · 74.5 mi Beaver River No. 622, SK 1,277 pop · 75.5 mi Vermilion, AB 3,948 pop · 81.6 mi
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