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Is Watchem VIC 3482 a rich suburb?

Affluence in Watchem
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
4.5 Bottom 12% 2% to Jun 2022
Middle Class
83.8% Top 4% Data for May 2023
Underclass
11.1% Bottom 33% Data for May 2023
Upper Class
5.1% Bottom 46% Data for May 2023
Working Class
0.0% Bottom 7% Data for May 2023
Austudy Payments (SA2)
5 Bottom 32% Data for Jun 2024
Commonwealth Rent Assistance (SA2)
215 Bottom 27% Data for Jun 2024
Median household income (weekly)
$1,030 Bottom 18% 21% to Jan 2021
Pension Payments (SA2)
975 Top 45% Data for Jun 2024
Unemployed
3.2% Top 20% 296% to Dec 2021
Business in Watchem
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
Business Activity
70.0 Top 14% Data for May 2023
Industry Diversity
94.4 Top 22% Data for May 2023
Employment in Watchem
Sources: ABS, AURIN, SEEK and Microburbs, 2006 - 2022
Field Value VS North West Vic Trend
Labour force participation
27.4% Bottom 6% 35% to Dec 2021
Infrastructure (2)
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Nearby Suburbs