Affluence & Economy Miga Lake Vic 3409

Is Miga Lake VIC 3409 a rich suburb?

Affluence in Miga Lake

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 North West Vic	Trend
Education score	4.9	Bottom 36%	4% to Jun 2022
Middle Class	83.6%	Top 4%	Data for May 2023
Underclass	8.5%	Bottom 16%	Data for May 2023
Upper Class	7.8%	Top 7%	Data for May 2023
Working Class	0.0%	Bottom 7%	Data for May 2023
Austudy Payments (SA2)	5	Bottom 32%	Data for Jun 2024
Commonwealth Rent Assistance (SA2)	80	Bottom 10%	Data for Jun 2024
Median household income (weekly)	$1,880	Top 29%	6% to Jan 2021
Pension Payments (SA2)	385	Bottom 20%	Data for Jun 2024
Unemployed	0.0%	Bottom 13%	Data for Dec 2021

Business in Miga Lake

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

	Field	Value	VS North West Vic	Trend
	Business Activity	40.0	Bottom 21%	Data for May 2023
	Industry Diversity	72.2	Bottom 18%	Data for May 2023

Employment in Miga Lake

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

	Field	Value	VS North West Vic	Trend
	Labour force participation	69.2%	Top 22%	28% to Dec 2021

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