Lane Cove, Australia

Full City Profile

3.2 /5.0

B Good

12,363 Population 5/sq mi density

240 ft Elevation 73 meters

63°F Avg Temperature 17°C

Overall

3.2 / 5.0

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

Economy

3.3 / 5.0

$46,543 median income, 3.8% unemployment

Affordability

3.0 / 5.0

$300,200 home value, $1,501/mo rent

Lane Cove, Australia

At a Glance

Median Income

$46,543

38% below

$46,543 per capita

Home Value

$300,200

6% above

Median Rent

$1,501/mo

29% above

Unemployment

3.8%

6% above

Avg Temperature

63°F

334 sunny days/yr

Is Lane Cove a Good Place to Live?

3.2 / 5.0 — Good

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

Economy & Jobs

Lane Cove residents earn a median household income of $46,543 , which is 38% below the national average of $75,149. Per capita income is $46,543. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). The area is home to 1,174 business establishments.

Housing & Cost of Living

The median home value in Lane Cove is $300,200 , 6% above the national median of $281,900. Median rent is $1,501/month.

Climate & Weather

Lane Cove 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

Population12,363

Median Age38.0 yrs

Density5/mi²

Foreign Born39.0%

Economy

Median Income$46,543

Per Capita$46,543

Unemployment3.8%

Poverty

Avg Weekly Wage$895

Housing

Home Value$300,200

Rent$1,501

Ownership61.6%

Housing Units4,945

Climate

Avg Temp63°F

Sunny Days334/yr

Rain31.3 in/yr

Elevation240 ft

Did You Know?

39.0% of residents are foreign-born.