Lane Cove West, Australia

Full City Profile

3.0 /5.0

B Good

2,619 Population 1/sq mi density

167 ft Elevation 51 meters

63°F Avg Temperature 17°C

Overall

3.0 / 5.0

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

Economy

3.4 / 5.0

$43,703 median income, 2.9% unemployment

C+

Affordability

2.5 / 5.0

$321,200 home value, $1,606/mo rent

Lane Cove West, Australia

At a Glance

Median Income

$43,703

42% below

$43,703 per capita

Home Value

$321,200

14% above

Median Rent

$1,606/mo

38% above

Unemployment

2.9%

19% below

Avg Temperature

63°F

334 sunny days/yr

Is Lane Cove West a Good Place to Live?

3.0 / 5.0 — Good

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

Economy & Jobs

Lane Cove West residents earn a median household income of $43,703 , which is 42% below the national average of $75,149. Per capita income is $43,703. The unemployment rate stands at 2.9% (19% below the U.S. rate of 3.6%). The area is home to 249 business establishments.

Housing & Cost of Living

The median home value in Lane Cove West is $321,200 , 14% above the national median of $281,900. Median rent is $1,606/month.

Climate & Weather

Lane Cove West has an average annual temperature of 63°F (17°C). Winters average 70°F in January while summers reach 54°F in July. The area gets 334 sunny days per year. Annual precipitation totals 31.3 inches.

Data Overview

People

Population2,619

Median Age37.0 yrs

Density1/mi²

Foreign Born38.9%

Economy

Median Income$43,703

Per Capita$43,703

Unemployment2.9%

Poverty

Avg Weekly Wage$840

Housing

C+

Home Value$321,200

Rent$1,606

Ownership55.3%

Housing Units1,048

Climate

Avg Temp63°F

Sunny Days334/yr

Rain31.3 in/yr

Elevation167 ft

Did You Know?

38.9% of residents are foreign-born.