Affluence & Economy Newnham Tas 7248

Is Newnham TAS 7248 a rich suburb?

Affluence in Newnham

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

Newnham

24.3%

Launceston and North East Tas

47.0%

Compare
Suburbs

Field	Value	VS Launceston and North East Tas	Trend
Education score	5.6	Top 14%	Data for Jun 2022
Middle Class	36.3%	Bottom 12%	Data for May 2023
Underclass	20.6%	Top 7%	Data for May 2023
Upper Class	2.9%	Bottom 4%	Data for May 2023
Working Class	40.2%	Top 16%	Data for May 2023
Austudy Payments (SA2)	15	Top 20%	Data for Jun 2024
Commonwealth Rent Assistance (SA2)	1150	Top 9%	Data for Jun 2024
Median household income (weekly)	$1,220	Bottom 30%	41% to Jan 2021
Pension Payments (SA2)	1040	Top 41%	Data for Jun 2024
Unemployed	0.1%	Bottom 41%	22% to Dec 2021

Business in Newnham

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

Newnham

100.0%

Launceston and North East Tas

99.6%

Compare
Suburbs

	Field	Value	VS Launceston and North East Tas	Trend
	Business Activity	65.0	Top 19%	Data for May 2023
	Industry Diversity	94.4	Top 22%	Data for May 2023

Employment in Newnham

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

	Field	Value	VS Launceston and North East Tas	Trend
	Labour force participation	58.4%	Bottom 43%	14% to Dec 2021

Businesses (68)

Headline	Place	Datetime
Action Photography
Bert's Painting & Decorating	13 Stephen St
Built Construction & Concrete
IGA Xpress Newnham	113 George Town Rd
Photography Plus Funeral Photography	34 Roberts Cres