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Albert Park, Australia

Full City Profile

2.9 /5.0
C+ Fair
6,028 Population 4,861/sq mi density
30 ft Elevation 9 meters
59°F Avg Temperature 15°C
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$45,055 median income, 3.4% unemployment
C
Affordability
2.5 / 5.0
$332,400 home value, $1,662/mo rent

Albert Park, Australia

At a Glance

Median Income
$45,055
40% below
$45,055 per capita
Home Value
$332,400
18% above
Median Rent
$1,662/mo
43% above
Unemployment
3.4%
6% below
Avg Temperature
59°F
292 sunny days/yr

Is Albert Park a Good Place to Live?

C+
2.9 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Albert Park residents earn a median household income of $45,055 , which is 40% below the national average of $75,149. Per capita income is $45,055. The unemployment rate stands at 3.4% (6% below the U.S. rate of 3.6%). The area is home to 573 business establishments.

Housing & Cost of Living

The median home value in Albert Park is $332,400 , 18% above the national median of $281,900. Median rent is $1,662/month.

Climate & Weather

Albert Park has an average annual temperature of 59°F (15°C). Winters average 68°F in January while summers reach 52°F in July. The area gets 292 sunny days per year. Annual precipitation totals 33.2 inches.

Data Overview

People

Population6,028
Median Age46.0 yrs
Density4,861/mi²
Foreign Born26.2%

Economy

B
Median Income$45,055
Per Capita$45,055
Unemployment3.4%
Poverty
Avg Weekly Wage$866

Housing

C
Home Value$332,400
Rent$1,662
Ownership62.3%
Housing Units2,411

Climate

Avg Temp59°F
Sunny Days292/yr
Rain33.2 in/yr
Elevation30 ft

Did You Know?

26.2% of residents are foreign-born.