Affluence & Economy Magnolia Qld 4650

Is Magnolia QLD 4650 a rich suburb?

Business in Magnolia

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

Magnolia

95.6%

Wide Bay

83.5%

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Suburbs

	Field	Value	VS Wide Bay	Trend
	Business Activity	52.0	Top 43%	Data for May 2023
	Industry Diversity	88.9	Top 39%	Data for May 2023

Affluence in Magnolia

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

Magnolia

38.0%

Wide Bay

38.5%

Compare
Suburbs

Field	Value	VS Wide Bay	Trend
Education score	4.7	Bottom 25%	Data for Jun 2022
Middle Class	30.9%	Bottom 7%	Data for May 2023
Underclass	18.2%	Top 14%	Data for May 2023
Upper Class	3.9%	Bottom 15%	Data for May 2023
Working Class	47.0%	Top 7%	Data for May 2023
Austudy Payments (SA2)	10	Top 36%	Data for Jun 2024
Commonwealth Rent Assistance (SA2)	560	Top 36%	Data for Jun 2024
Median household income (weekly)	$1,400	Bottom 43%	10% to Jan 2021
Pension Payments (SA2)	2030	Top 10%	Data for Jun 2024
Unemployed	4.8%	Top 15%	59% to Dec 2021