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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
B
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
B
Affordability
3.2 / 5.0
$140,800 home value, $704/mo rent
Housing Overview
Median Home Value
$140,800
50% below
US avg: $281,900
Median Rent
$704/mo
39% below
US avg: $1,163/mo
Homeownership Rate
72.6%
11% above US avg (65.4%)
Total Housing Units
3,400
Ownership vs. Renting
72.6%
Owner-Occupied
27.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $140,800 |
Rent
| Census Median Rent | $704 |
Market
Ownership & Stock
| Owner-Occupied | 72.6% |
| Renter-Occupied | 27.4% |
| Homeownership Rate | 72.6% |
| Total Housing Units | 3,400 |