Margaret River, Australia

Full City Profile

2.8 /5.0

C+ Fair

7,571 Population 320/sq mi density

322 ft Elevation 98 meters

62°F Avg Temperature 17°C

C+

Overall

2.8 / 5.0

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

Economy

3.1 / 5.0

$28,358 median income, 3.1% unemployment

Affordability

2.4 / 5.0

$214,000 home value, $1,070/mo rent

Margaret River, Australia

At a Glance

Median Income

$28,358

62% below

$28,358 per capita

Home Value

$214,000

24% below

Median Rent

$1,070/mo

8% below

Unemployment

3.1%

14% below

Avg Temperature

62°F

257 sunny days/yr

Is Margaret River a Good Place to Live?

C+

2.8 / 5.0 — Fair

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

Economy & Jobs

Margaret River residents earn a median household income of $28,358 , which is 62% below the national average of $75,149. Per capita income is $28,358. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). The area is home to 719 business establishments.

Housing & Cost of Living

The median home value in Margaret River is $214,000 , 24% below the national median of $281,900. Median rent is $1,070/month.

Climate & Weather

Margaret River has an average annual temperature of 62°F (17°C). Winters average 70°F in January while summers reach 55°F in July. The area gets 257 sunny days per year. Annual precipitation totals 43.4 inches.

Data Overview

People

Population7,571

Median Age39.0 yrs

Density320/mi²

Foreign Born24.8%

Economy

Median Income$28,358

Per Capita$28,358

Unemployment3.1%

Poverty

Avg Weekly Wage$545

Housing

Home Value$214,000

Rent$1,070

Ownership72.5%

Housing Units3,028

Climate

Avg Temp62°F

Sunny Days257/yr

Rain43.4 in/yr

Elevation322 ft

Did You Know?

24.8% of residents are foreign-born.