Cobalt, ON Employment - Median Household Income, Unemployment Rate

D-

37%

Household income NAT. AVG.

44%

Unemployment NAT. AVG.

22%

In labour force NAT. AVG.

Index	Cobalt	Ontario	National
Median household income	$52,241	$87,353	$82,436
Unemployment rate	3.6%	4.2%	6.4%
In labour force	49.7%	61.7%	63.9%

Key findings

The median household income in Cobalt is 37% lower than the national average
The unemployment rate in Cobalt is 44% lower than the national average
In Cobalt 12.4% of people earn $20,000 or less
In Cobalt 10.1% of people earn between $80,000 and $100,000
In Cobalt 0.2% of people earn $300,000 or more

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am i middle class

$34,823 $52,241 $104,482

City

$58,229 $87,353 $174,706

State

$54,951 $82,436 $164,872

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Cobalt median earnings by income bracket

Cobalt employment by industry

Labour Type	Percent
Construction industry	5.3%
Manufacturing sector	2.1%
Financial & insurance services	1.4%
Wholesale & retail services	10.1%
Public administration	1.5%
Transportation, warehousing & utilities	3.3%
Education, health & social services	9.8%
Other	15.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Harris, ON	573	$105,865	28.4%
Hudson, ON	531	$99,010	20.1%
Duhamel-Ouest, QC	886	$96,306	16.8%
Coleman, ON	614	$87,925	6.7%
Saint-Bruno-de-Guigues, QC	1,129	$82,903	0.6%
Cobalt, ON	1,168	$52,241	36.6%

Cities with similar population

City	Population	Household Income	National Avg.
Malaga, CA	1,168	n/a
Blue Ridge, GA	1,168	n/a
Pine Plains, NY	1,168	n/a
Fort Loudon, PA	1,168	n/a
Asotin, WA	1,168	n/a
Cobalt, ON	1,168	$52,241	36.6%

Source: The Cobalt, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.