Lake Albert, Australia

Full City Profile

3.2 /5.0

B Good

5,908 Population 3/sq mi density

669 ft Elevation 204 meters

56°F Avg Temperature 13°C

Overall

3.2 / 5.0

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

Economy

3.2 / 5.0

$30,657 median income, 2.4% unemployment

Affordability

3.1 / 5.0

$191,600 home value, $958/mo rent

Lake Albert, Australia

At a Glance

Median Income

$30,657

59% below

$30,657 per capita

Home Value

$191,600

32% below

Median Rent

$958/mo

18% below

Unemployment

2.4%

33% below

Avg Temperature

56°F

312 sunny days/yr

Is Lake Albert a Good Place to Live?

3.2 / 5.0 — Good

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

Economy & Jobs

Lake Albert residents earn a median household income of $30,657 , which is 59% below the national average of $75,149. Per capita income is $30,657. The unemployment rate stands at 2.4% (33% below the U.S. rate of 3.6%). The area is home to 561 business establishments.

Housing & Cost of Living

The median home value in Lake Albert is $191,600 , 32% below the national median of $281,900. Median rent is $958/month.

Climate & Weather

Lake Albert has an average annual temperature of 56°F (13°C). Winters average 69°F in January while summers reach 43°F in July. The area gets 312 sunny days per year. Annual precipitation totals 28.6 inches.

Data Overview

People

Population5,908

Median Age43.0 yrs

Density3/mi²

Foreign Born6.6%

Economy

Median Income$30,657

Per Capita$30,657

Unemployment2.4%

Poverty

Avg Weekly Wage$590

Housing

Home Value$191,600

Rent$958

Ownership83.6%

Housing Units2,363

Climate

Avg Temp56°F

Sunny Days312/yr

Rain28.6 in/yr

Elevation669 ft