Affluence & Economy Prospect Vale Tas 7250

Is Prospect Vale TAS 7250 a rich suburb?

Affluence in Prospect Vale

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 Launceston and North East Tas	Trend
Education score	5.2	Top 38%	1% to Jun 2022
Middle Class	51.4%	Top 49%	Data for May 2023
Underclass	14.3%	Top 37%	Data for May 2023
Upper Class	4.9%	Bottom 42%	Data for May 2023
Working Class	29.3%	Bottom 47%	Data for May 2023
Austudy Payments (SA2)	10	Top 36%	Data for Jun 2024
Commonwealth Rent Assistance (SA2)	410	Top 49%	Data for Jun 2024
Median household income (weekly)	$1,270	Bottom 32%	34% to Jan 2021
Pension Payments (SA2)	1200	Top 34%	Data for Jun 2024
Unemployed	0.1%	Bottom 36%	13% to Dec 2021

Business in Prospect Vale

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

	Field	Value	VS Launceston and North East Tas	Trend
	Business Activity	56.0	Top 34%	Data for May 2023
	Industry Diversity	83.3	Bottom 43%	Data for May 2023

Employment in Prospect Vale

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

	Field	Value	VS Launceston and North East Tas	Trend
	Labour force participation	57.3%	Bottom 40%	15% to Dec 2021

Businesses (112)

Headline	Place	Datetime
Artistry Hairdressing Academy	5 Wilow Lane
Auto Tech West	345A Westbury Rd
Beef Wellington	350 Westbury Rd
CJD Equipment Pty Ltd	401 Westbury Rd
Charcoal Chicken Prospect	Prospect Vale Marketplace 350 Westbury Rd

Infrastructure (5)

Affluence (1)

Name	Address
Woolworths	350-358 Westbury Rd, Prospect TAS 7250, Australia

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Dial-A-Drum	9 Pitcher Parade