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Is Korobeit VIC 3341 a rich suburb?

Affluence in Korobeit
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 Ballarat Trend
Education score
5.3 Top 28% 8% to Jun 2022
Middle Class
69.2% Top 16% Data for May 2023
Underclass
8.7% Bottom 17% Data for May 2023
Upper Class
5.0% Bottom 43% Data for May 2023
Working Class
17.1% Bottom 20% Data for May 2023
Austudy Payments (SA2)
10 Top 36% Data for Jun 2024
Commonwealth Rent Assistance (SA2)
205 Bottom 25% Data for Jun 2024
Median household income (weekly)
$2,870 Top 3% 100% to Jan 2021
Pension Payments (SA2)
670 Bottom 37% Data for Jun 2024
Unemployed
0.0% Bottom 13% to 0 to Dec 2021
Business in Korobeit
The higher the score, the more vibrant and diverse the regional economy.
Sources: ABS, GOOGLE, TORREN and Microburbs, 2016 - 2023
Field Value VS Ballarat Trend
Industry Diversity
100.0 Top 6% Data for May 2023
Employment in Korobeit
Sources: ABS, AURIN, SEEK and Microburbs, 2006 - 2022
Field Value VS Ballarat Trend
Labour force participation
65.6% Top 33% 28% to Dec 2021
Businesses (1)
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Nearby Suburbs