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Cold Lake, AB
Full City Profile · Alberta
2.7
/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
2.7 / 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
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.7% bachelor's degree or higher
Income Overview
Median Household Income
$65,500
13% below
US avg: $75,149
Per Capita Income
$50,913
30% above
US avg: $39,052
Unemployment Rate
40.0%
1011% above
US avg: 3.6%
Poverty Rate
12.9%
4% above
US avg: 12.4%
Income Comparison: Cold Lake vs. U.S. Average
Each bar shows Cold Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$65,500
87%
Per Capita
US: $39,052
$50,913
130%
Avg Weekly Wage
US: $1,432
$979
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$979
32% below US avg ($1,432)
Mean Commute Time
28 min
3% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
100.0%
37% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
How Residents Get to Work
Drive Alone
100%
Public Transit
0%
Work From Home
0%
Average commute time
28 minutes
US avg: 28 min
Business Landscape
Total Establishments
6
Complete Economy Data
Income & Wages
| Median Household Income | $65,500 |
| Per Capita Income | $50,913 |
| Avg Weekly Wage | $979 |
Hardship Indicators
| Unemployment Rate | 40.0% |
| Poverty Rate | 12.9% |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 100.0% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 6 |