Albert Park, Australia

Full City Profile

3.0 /5.0

B Good

1,685 Population 2/sq mi density

36 ft Elevation 11 meters

62°F Avg Temperature 17°C

Overall

3.0 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.0 / 5.0

$25,418 median income, 3.4% unemployment

C+

Affordability

2.9 / 5.0

$169,000 home value, $845/mo rent

Albert Park, Australia

At a Glance

Median Income

$25,418

66% below

$25,418 per capita

Home Value

$169,000

40% below

Median Rent

$845/mo

27% below

Unemployment

3.4%

6% below

Avg Temperature

62°F

318 sunny days/yr

Is Albert Park a Good Place to Live?

3.0 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Albert Park residents earn a median household income of $25,418 , which is 66% below the national average of $75,149. Per capita income is $25,418. The unemployment rate stands at 3.4% (6% below the U.S. rate of 3.6%). The area is home to 160 business establishments.

Housing & Cost of Living

The median home value in Albert Park is $169,000 , 40% below the national median of $281,900. Median rent is $845/month.

Climate & Weather

Albert Park has an average annual temperature of 62°F (17°C). Winters average 72°F in January while summers reach 53°F in July. The area gets 318 sunny days per year. Annual precipitation totals 36.7 inches.

Data Overview

People

Population1,685

Median Age39.0 yrs

Density2/mi²

Foreign Born21.2%

Economy

Median Income$25,418

Per Capita$25,418

Unemployment3.4%

Poverty

Avg Weekly Wage$489

Housing

C+

Home Value$169,000

Rent$845

Ownership70.7%

Housing Units674

Climate

Avg Temp62°F

Sunny Days318/yr

Rain36.7 in/yr

Elevation36 ft

Did You Know?

21.2% of residents are foreign-born.