Forbes, Australia

Full City Profile

3.2 /5.0

B Good

8,481 Population 4/sq mi density

797 ft Elevation 243 meters

62°F Avg Temperature 17°C

Overall

3.2 / 5.0

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

C+

Economy

2.8 / 5.0

$23,863 median income, 4.2% unemployment

B+

Affordability

3.6 / 5.0

$129,600 home value, $648/mo rent

Forbes, Australia

At a Glance

Median Income

$23,863

68% below

$23,863 per capita

Home Value

$129,600

54% below

Median Rent

$648/mo

44% below

Unemployment

4.2%

17% above

Avg Temperature

62°F

298 sunny days/yr

Is Forbes a Good Place to Live?

3.2 / 5.0 — Good

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

Economy & Jobs

Forbes residents earn a median household income of $23,863 , which is 68% below the national average of $75,149. Per capita income is $23,863. The unemployment rate stands at 4.2% (17% above the U.S. rate of 3.6%). The area is home to 806 business establishments.

Housing & Cost of Living

The median home value in Forbes is $129,600 , 54% below the national median of $281,900. Median rent is $648/month.

Climate & Weather

Forbes has an average annual temperature of 62°F (17°C). Winters average 77°F in January while summers reach 48°F in July. The area gets 298 sunny days per year. Annual precipitation totals 21.2 inches.

Data Overview

People

Population8,481

Median Age42.0 yrs

Density4/mi²

Foreign Born4.3%

Economy

C+

Median Income$23,863

Per Capita$23,863

Unemployment4.2%

Poverty

Avg Weekly Wage$459

Housing

B+

Home Value$129,600

Rent$648

Ownership70.6%

Housing Units3,392

Climate

Avg Temp62°F

Sunny Days298/yr

Rain21.2 in/yr

Elevation797 ft