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Is Rainbow VIC 3424 a rich suburb?

Affluence in Rainbow
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
4.7 Bottom 24% 2% to Jun 2022
Middle Class
48.8% Bottom 41% Data for May 2023
Underclass
13.4% Top 45% Data for May 2023
Upper Class
6.0% Top 29% Data for May 2023
Working Class
31.8% Top 40% Data for May 2023
Austudy Payments (SA2)
5 Bottom 32% Data for Jun 2024
Commonwealth Rent Assistance (SA2)
265 Bottom 33% Data for Jun 2024
Median household income (weekly)
$1,050 Bottom 19% 7% to Jan 2021
Pension Payments (SA2)
1050 Top 41% Data for Jun 2024
Unemployed
0.9% Top 35% 127% to Dec 2021
Business in Rainbow
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
Industry Diversity
83.3 Bottom 43% Data for May 2023
Employment in Rainbow
Sources: ABS, AURIN, SEEK and Microburbs, 2006 - 2022
Field Value VS North West Vic Trend
Labour force participation
47.8% Bottom 19% 7% to Dec 2021
Businesses (21)
Infrastructure (3)
Affluence (3)
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Nearby Suburbs