Monash, Australia

Full City Profile

2.9 /5.0

C+ Fair

5,305 Population 58/sq mi density

1,936 ft Elevation 590 meters

53°F Avg Temperature 11°C

C+

Overall

2.9 / 5.0

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

Economy

3.1 / 5.0

$37,011 median income, 3.7% unemployment

C+

Affordability

2.8 / 5.0

$253,600 home value, $1,268/mo rent

Monash, Australia

At a Glance

Median Income

$37,011

51% below

$37,011 per capita

Home Value

$253,600

10% below

Median Rent

$1,268/mo

9% above

Unemployment

3.7%

3% above

Avg Temperature

53°F

321 sunny days/yr

Is Monash a Good Place to Live?

C+

2.9 / 5.0 - Fair

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

Economy & Jobs

Monash residents earn a median household income of $37,011 , which is 51% below the national average of $75,149. Per capita income is $37,011. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). The area is home to 504 business establishments.

Housing & Cost of Living

The median home value in Monash is $253,600 , 10% below the national median of $281,900. Median rent is $1,268/month.

Climate & Weather

Monash has an average annual temperature of 53°F (11°C). Winters average 63°F in January while summers reach 41°F in July. The area gets 321 sunny days per year. Annual precipitation totals 32.7 inches.

Data Overview

People

Population5,305

Median Age43.0 yrs

Density58/mi²

Foreign Born25.2%

Economy

Median Income$37,011

Per Capita$37,011

Unemployment3.7%

Poverty

Avg Weekly Wage$712

Housing

C+

Home Value$253,600

Rent$1,268

Ownership79.4%

Housing Units2,122

Climate

Avg Temp53°F

Sunny Days321/yr

Rain32.7 in/yr

Elevation1,936 ft

Did You Know?

25.2% of residents are foreign-born.