Ararat, Australia

Full City Profile

3.0 /5.0

B Good

8,500 Population 1,619/sq mi density

1,066 ft Elevation 325 meters

56°F Avg Temperature 13°C

Overall

3.0 / 5.0

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

C+

Economy

2.8 / 5.0

$23,018 median income, 4.0% unemployment

Affordability

3.2 / 5.0

$140,800 home value, $704/mo rent

Ararat, Australia

At a Glance

Median Income

$23,018

69% below

$23,018 per capita

Home Value

$140,800

50% below

Median Rent

$704/mo

39% below

Unemployment

4.0%

11% above

Avg Temperature

56°F

290 sunny days/yr

Is Ararat a Good Place to Live?

3.0 / 5.0 — Good

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

Economy & Jobs

Ararat residents earn a median household income of $23,018 , which is 69% below the national average of $75,149. Per capita income is $23,018. The unemployment rate stands at 4.0% (11% above the U.S. rate of 3.6%). The area is home to 808 business establishments.

Housing & Cost of Living

The median home value in Ararat is $140,800 , 50% below the national median of $281,900. Median rent is $704/month.

Climate & Weather

Ararat has an average annual temperature of 56°F (13°C). Winters average 66°F in January while summers reach 45°F in July. The area gets 290 sunny days per year. Annual precipitation totals 25.2 inches.

Data Overview

People

Population8,500

Median Age45.0 yrs

Density1,619/mi²

Foreign Born12.2%

Economy

C+

Median Income$23,018

Per Capita$23,018

Unemployment4.0%

Poverty

Avg Weekly Wage$443

Housing

Home Value$140,800

Rent$704

Ownership72.6%

Housing Units3,400

Climate

Avg Temp56°F

Sunny Days290/yr

Rain25.2 in/yr

Elevation1,066 ft

Did You Know?

Ararat was founded in 1857.

12.2% of residents are foreign-born.