Castlemaine, Australia

Full City Profile

2.6 /5.0

C+ Fair

7,506 Population 967/sq mi density

922 ft Elevation 281 meters

58°F Avg Temperature 14°C

C+

Overall

2.6 / 5.0

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

C+

Economy

2.8 / 5.0

$22,578 median income, 3.8% unemployment

Affordability

2.4 / 5.0

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

Castlemaine, Australia

At a Glance

Median Income

$22,578

70% below

$22,578 per capita

Home Value

$169,000

40% below

Median Rent

$845/mo

27% below

Unemployment

3.8%

6% above

Avg Temperature

58°F

296 sunny days/yr

Is Castlemaine a Good Place to Live?

C+

2.6 / 5.0 — Fair

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

Economy & Jobs

Castlemaine residents earn a median household income of $22,578 , which is 70% below the national average of $75,149. Per capita income is $22,578. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). The area is home to 713 business establishments.

Housing & Cost of Living

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

Climate & Weather

Castlemaine has an average annual temperature of 58°F (14°C). Winters average 71°F in January while summers reach 47°F in July. The area gets 296 sunny days per year. Annual precipitation totals 25.9 inches.

Data Overview

People

Population7,506

Median Age52.0 yrs

Density967/mi²

Foreign Born14.4%

Economy

C+

Median Income$22,578

Per Capita$22,578

Unemployment3.8%

Poverty

Avg Weekly Wage$434

Housing

Home Value$169,000

Rent$845

Ownership75.9%

Housing Units3,002

Climate

Avg Temp58°F

Sunny Days296/yr

Rain25.9 in/yr

Elevation922 ft

Did You Know?

14.4% of residents are foreign-born.