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Lake Grace, Australia

Full City Profile

4.0 /5.0
A Great
544 Population 15/sq mi density
938 ft Elevation 286 meters
62°F Avg Temperature 17°C
A
Overall
4.0 / 5.0
Strong
B
Economy
3.1 / 5.0
$33,361 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$101,400 home value, $507/mo rent

Lake Grace, Australia

At a Glance

Median Income
$33,361
56% below
$33,361 per capita
Home Value
$101,400
64% below
Median Rent
$507/mo
56% below
Unemployment
3.8%
6% above
Avg Temperature
62°F
312 sunny days/yr

Is Lake Grace a Good Place to Live?

A
4.0 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Grace residents earn a median household income of $33,361 , which is 56% below the national average of $75,149. Per capita income is $33,361. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). The area is home to 52 business establishments.

Housing & Cost of Living

The median home value in Lake Grace is $101,400 , 64% below the national median of $281,900. Median rent is $507/month.

Climate & Weather

Lake Grace has an average annual temperature of 62°F (17°C). Winters average 73°F in January while summers reach 51°F in July. The area gets 312 sunny days per year. Annual precipitation totals 13.4 inches.

Data Overview

People

Population544
Median Age38.0 yrs
Density15/mi²
Foreign Born13.8%

Economy

B
Median Income$33,361
Per Capita$33,361
Unemployment3.8%
Poverty
Avg Weekly Wage$642

Housing

A+
Home Value$101,400
Rent$507
Ownership70.1%
Housing Units218

Climate

Avg Temp62°F
Sunny Days312/yr
Rain13.4 in/yr
Elevation938 ft

Did You Know?

13.8% of residents are foreign-born.