Affluence & Economy Fairbank Vic 3951

Is Fairbank VIC 3951 a rich suburb?

Business in Fairbank

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

	Field	Value	VS Latrobe	Trend
	Business Activity	54.0	Top 37%	Data for May 2023
	Industry Diversity	94.4	Top 22%	Data for May 2023

Affluence in Fairbank

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 Latrobe	Trend
Education score	4.9	Bottom 42%	6% to Jun 2022
Middle Class	49.7%	Bottom 44%	Data for May 2023
Underclass	9.1%	Bottom 19%	Data for May 2023
Upper Class	7.6%	Top 8%	Data for May 2023
Working Class	33.5%	Top 35%	Data for May 2023
Austudy Payments (SA2)	5	Bottom 32%	Data for Jun 2024
Commonwealth Rent Assistance (SA2)	480	Top 42%	Data for Jun 2024
Median household income (weekly)	$1,370	Bottom 39%	26% to Jan 2021
Pension Payments (SA2)	1670	Top 18%	Data for Jun 2024
Unemployed	0.0%	Bottom 13%	to 0 to Dec 2021

Employment in Fairbank

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

	Field	Value	VS Latrobe	Trend
	Labour force participation	47.5%	Bottom 19%	24% to Dec 2021

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