Affluence & Economy Mount Richmond Vic 3305

Is Mount Richmond VIC 3305 a rich suburb?

Affluence in Mount Richmond

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 Warrnambool and South West	Trend
Education score	4.0	Bottom 1%	6% to Jun 2022
Middle Class	82.2%	Top 6%	Data for May 2023
Underclass	13.3%	Top 46%	Data for May 2023
Upper Class	4.6%	Bottom 31%	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)	310	Bottom 39%	Data for Jun 2024
Median household income (weekly)	$1,960	Top 25%	159% to Jan 2021
Pension Payments (SA2)	1330	Top 29%	Data for Jun 2024
Unemployed	20.9%	Top 4%	to Dec 2021

Business in Mount Richmond

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

	Field	Value	VS Warrnambool and South West	Trend
	Business Activity	55.0	Top 36%	Data for May 2023
	Industry Diversity	88.9	Top 39%	Data for May 2023

Employment in Mount Richmond

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

	Field	Value	VS Warrnambool and South West	Trend
	Labour force participation	90.3%	Top 2%	66% to Dec 2021

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