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Is Waratah Bay VIC 3959 a rich suburb?

Business in Waratah Bay
The higher the score, the more vibrant and diverse the regional economy.
Sources: ABS, GOOGLE, TORREN and Microburbs, 2016 - 2023
Field Value VS Latrobe Trend
Business Activity
54.0 Top 37% Data for May 2023
Industry Diversity
94.4 Top 22% Data for May 2023
Affluence in Waratah Bay
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 Latrobe Trend
Education score
5.1 Top 46% 8% to Jun 2022
Middle Class
73.3% Top 13% Data for May 2023
Underclass
8.5% Bottom 16% Data for May 2023
Upper Class
7.9% Top 7% Data for May 2023
Working Class
10.3% Bottom 15% Data for May 2023
Austudy Payments (SA2)
5 Bottom 32% Data for Jun 2024
Commonwealth Rent Assistance (SA2)
400 Bottom 49% Data for Jun 2024
Median household income (weekly)
$1,410 Bottom 43% 56% to Jan 2021
Pension Payments (SA2)
1600 Top 20% Data for Jun 2024
Unemployed
7.8% Top 11% to Dec 2021
Employment in Waratah Bay
Sources: ABS, AURIN, SEEK and Microburbs, 2006 - 2022
Field Value VS Latrobe Trend
Labour force participation
54.2% Bottom 32% 0 to Dec 2021
Businesses (1)
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Nearby Suburbs