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Cold Lake, AB
Full City Profile · Alberta
Cold Lake, AB
At a Glance
How Cold Lake Compares to the U.S. Average
Each bar shows Cold Lake's value as a percentage of the national average (100% = U.S. avg)
Is Cold Lake a Good Place to Live?
Economy & Jobs
Cold Lake residents earn a median household income of $65,500 , which is 13% below the national average of $75,149. Per capita income is $50,913. The unemployment rate stands at 40.0% (1011% above the U.S. rate of 3.6%). 12.9% of residents live below the poverty line. The area is home to 6 business establishments.
Housing & Cost of Living
The median home value in Cold Lake is $290,615 , 3% above the national median of $281,900. Median rent is $1,091/month, with 16.2% of renters spending more than 30% of income on housing.
Education
7.7% of adults in Cold Lake hold a bachelor's degree or higher (77% below the national average). 19.2% have completed high school.
Climate & Weather
Cold Lake has 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. Annual precipitation totals 16.9 inches.