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Cole Bay, SK

Full City Profile · Saskatchewan

3.0 /5.0
B Good
194 Population 103/sq mi density
$77,803 Median Income $46,146 per capita
$60,000 Home Value
$840 Median Rent 28.4% income on rent
33°F Avg Temperature 304 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$77,803 median income, 14.3% unemployment
A+
Affordability
5.0 / 5.0
$60,000 home value, $840/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.6% bachelor's degree or higher

Cole Bay, SK

At a Glance

Median Income
$77,803
4% above
$46,146 per capita
Home Value
$60,000
79% below
Median Rent
$840/mo
28% below
28.4% of income on rent
Bachelor's Degree+
8.6%
75% below
22.9% high school+
Unemployment
14.3%
297% above
16.9% poverty rate
Avg Temperature
33°F
304 sunny days/yr

How Cole Bay Compares to the U.S. Average

Each bar shows Cole Bay's value as a percentage of the national average (100% = U.S. avg)

Income
104%
Home Value
21%
Rent
72%
Poverty
136%
Bachelor's
25%
Unemployment
397%
Thin vertical line = U.S. national average (100%)

Is Cole Bay a Good Place to Live?

B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cole Bay residents earn a median household income of $77,803 , which is 4% above the national average of $75,149. Per capita income is $46,146. The unemployment rate stands at 14.3% (297% above the U.S. rate of 3.6%). 16.9% of residents live below the poverty line. The area is home to 6 business establishments.

Housing & Cost of Living

The median home value in Cole Bay is $60,000 , 79% below the national median of $281,900. Median rent is $840/month, with 28.4% of renters spending more than 30% of income on housing.

Education

8.6% of adults in Cole Bay hold a bachelor's degree or higher (75% below the national average). 22.9% have completed high school.

Climate & Weather

Cole Bay has an average annual temperature of 33°F (1°C). Winters average -1°F in January while summers reach 62°F in July. The area gets 304 sunny days per year. Annual precipitation totals 17.6 inches.

Data Overview

People

Population194
Median Age27.6 yrs
Density103/mi²
Male / Female46% / 54%

Economy

C+
Median Income$77,803
Per Capita$46,146
Unemployment14.3%
Poverty16.9%
Avg Weekly Wage$887

Housing

A+
Home Value$60,000
Rent$840
Ownership85.7%
Housing Units70
Rent Burden28.4%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp33°F
Sunny Days304/yr
Rain17.6 in/yr
Elevation1,417 ft

Education

D
Bachelor's+8.6%
High School+22.9%
Graduate+0.0%

Community

Commute12 min