Affluence & Economy Cherokee Vic 3434

Is Cherokee VIC 3434 a rich suburb?

Business in Cherokee

The higher the score, the more vibrant and diverse the regional economy.
Sources: ABS, GOOGLE, TORREN and Microburbs, 2016 - 2023

	Field	Value	VS Melbourne	Trend
	Business Activity	70.0	Top 14%	Data for May 2023
	Industry Diversity	88.9	Top 39%	Data for May 2023

Affluence in Cherokee

The higher the score, the more wealthy, high income and financially free the population is.
Sources: ABS, ATO, DSS, GOOGLE, TORREN and Microburbs, 2001 - 2023

Field	Value	VS Melbourne	Trend
Education score	5.4	Top 25%	1% to Jun 2022
Middle Class	68.3%	Top 17%	Data for May 2023
Underclass	5.6%	Bottom 7%	Data for May 2023
Upper Class	5.1%	Bottom 48%	Data for May 2023
Working Class	21.0%	Bottom 26%	Data for May 2023
Austudy Payments (SA2)	5	Bottom 32%	Data for Jun 2024
Commonwealth Rent Assistance (SA2)	95	Bottom 12%	Data for Jun 2024
Median household income (weekly)	$3,620	Top 1%	164% to Jan 2021
Pension Payments (SA2)	425	Bottom 22%	Data for Jun 2024
Unemployed	0.0%	Bottom 13%	to 0 to Dec 2021

Employment in Cherokee

Sources: ABS, AURIN, SEEK and Microburbs, 2006 - 2022

	Field	Value	VS Melbourne	Trend
	Labour force participation	59.3%	Bottom 45%	8% to Dec 2021

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