Affluence & Economy Springbank Vic 3352

Is Springbank VIC 3352 a rich suburb?

Affluence in Springbank

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 Ballarat	Trend
Education score	4.9	Bottom 40%	Data for Jun 2022
Middle Class	52.2%	Top 46%	Data for May 2023
Underclass	13.6%	Top 43%	Data for May 2023
Upper Class	5.4%	Top 43%	Data for May 2023
Working Class	28.8%	Bottom 44%	Data for May 2023
Austudy Payments (SA2)	5	Bottom 32%	Data for Jun 2024
Commonwealth Rent Assistance (SA2)	140	Bottom 17%	Data for Jun 2024
Median household income (weekly)	$1,440	Bottom 46%	62% to Jan 2021
Pension Payments (SA2)	570	Bottom 31%	Data for Jun 2024
Unemployed	0.0%	Bottom 13%	to 0 to Dec 2021

Business in Springbank

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

	Field	Value	VS Ballarat	Trend
	Industry Diversity	100.0	Top 6%	Data for May 2023

Employment in Springbank

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

	Field	Value	VS Ballarat	Trend
	Labour force participation	71.0%	Top 18%	44% to Dec 2021

Businesses (2)

Name	Address
Monarch Professional Cleaning Services	111 Kanes Ln, Springbank VIC 3352, Australia
Quinlan Water

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