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Is Korumburra VIC 3950 a rich suburb?

Affluence in Korumburra
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
5.1 Top 43% 2% to Jun 2022
Middle Class
40.4% Bottom 19% Data for May 2023
Underclass
13.6% Top 43% Data for May 2023
Upper Class
5.5% Top 39% Data for May 2023
Working Class
40.4% Top 16% Data for May 2023
Austudy Payments (SA2)
5 Bottom 32% Data for Jun 2024
Commonwealth Rent Assistance (SA2)
390 Bottom 48% Data for Jun 2024
Median household income (weekly)
$1,180 Bottom 27% 35% to Jan 2021
Pension Payments (SA2)
1310 Top 30% Data for Jun 2024
Unemployed
0.1% Bottom 36% 26% to Dec 2021
Business in Korumburra
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
Employment in Korumburra
Sources: ABS, AURIN, SEEK and Microburbs, 2006 - 2022
Field Value VS Latrobe Trend
Labour force participation
53.4% Bottom 30% 21% to Dec 2021
Affluence (4)
Businesses (114)
Infrastructure (5)
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Nearby Suburbs