Cochrane, AB Employment - Median Household Income, Unemployment Rate

A+

34%

Household income NAT. AVG.

22%

Unemployment NAT. AVG.

14%

In labour force NAT. AVG.

Index	Cochrane	Alberta	National
Median household income	$110,293	$94,624	$82,436
Unemployment rate	5.0%	5.1%	6.4%
In labour force	72.7%	70.9%	63.9%

Key findings

The median household income in Cochrane is 34% higher than the national average
The unemployment rate in Cochrane is 22% lower than the national average
In Cochrane 3.1% of people earn $20,000 or less
In Cochrane 11.4% of people earn between $80,000 and $100,000
In Cochrane 5.5% of people earn $300,000 or more

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am i middle class

$73,521 $110,293 $220,586

City

$63,076 $94,624 $189,248

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.

Cochrane median earnings by income bracket

Cochrane employment by industry

Labour Type	Percent
Construction industry	7.5%
Manufacturing sector	3.3%
Financial & insurance services	2.0%
Wholesale & retail services	8.7%
Public administration	4.9%
Transportation, warehousing & utilities	4.9%
Education, health & social services	13.4%
Other	26.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Ghost Lake, AB	85	$106,162	28.8%
Cochrane, AB	30,481	$110,293	33.8%

Cities with similar population

City	Population	Household Income	National Avg.
LaGrange, GA	30,494	n/a
Granger, IN	30,499	n/a
Holladay, UT	30,461	n/a
Alma, QC	30,501	$68,767	16.6%
Parkville, MD	30,459	n/a
Cochrane, AB	30,481	$110,293	33.8%

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