New Farm, Australia

Full City Profile

3.4 /5.0

B Good

12,256 Population 3/sq mi density

13 ft Elevation 4 meters

68°F Avg Temperature 20°C

Overall

3.4 / 5.0

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

Economy

3.2 / 5.0

$41,439 median income, 4.2% unemployment

B+

Affordability

3.6 / 5.0

$228,200 home value, $1,141/mo rent

New Farm, Australia

At a Glance

Median Income

$41,439

45% below

$41,439 per capita

Home Value

$228,200

19% below

Median Rent

$1,141/mo

2% below

Unemployment

4.2%

17% above

Avg Temperature

68°F

337 sunny days/yr

Is New Farm a Good Place to Live?

3.4 / 5.0 — Good

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

Economy & Jobs

New Farm residents earn a median household income of $41,439 , which is 45% below the national average of $75,149. Per capita income is $41,439. The unemployment rate stands at 4.2% (17% above the U.S. rate of 3.6%). The area is home to 1,164 business establishments.

Housing & Cost of Living

The median home value in New Farm is $228,200 , 19% below the national median of $281,900. Median rent is $1,141/month.

Climate & Weather

New Farm has an average annual temperature of 68°F (20°C). Winters average 75°F in January while summers reach 60°F in July. The area gets 337 sunny days per year. Annual precipitation totals 30.5 inches.

Data Overview

People

Population12,256

Median Age39.0 yrs

Density3/mi²

Foreign Born27.8%

Economy

Median Income$41,439

Per Capita$41,439

Unemployment4.2%

Poverty

Avg Weekly Wage$797

Housing

B+

Home Value$228,200

Rent$1,141

Ownership45.2%

Housing Units4,902

Climate

Avg Temp68°F

Sunny Days337/yr

Rain30.5 in/yr

Elevation13 ft

Did You Know?

27.8% of residents are foreign-born.