Ocean Reef, Australia

Full City Profile

2.1 /5.0

C Fair

7,689 Population 3,697/sq mi density

115 ft Elevation 35 meters

66°F Avg Temperature 19°C

Overall

2.1 / 5.0

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

Economy

3.0 / 5.0

$30,623 median income, 4.0% unemployment

Affordability

1.2 / 5.0

$295,800 home value, $1,479/mo rent

Ocean Reef, Australia

At a Glance

Median Income

$30,623

59% below

$30,623 per capita

Home Value

$295,800

5% above

Median Rent

$1,479/mo

27% above

Unemployment

4.0%

11% above

Avg Temperature

66°F

352 sunny days/yr

Is Ocean Reef a Good Place to Live?

2.1 / 5.0 - Fair

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

Economy & Jobs

Ocean Reef residents earn a median household income of $30,623 , which is 59% below the national average of $75,149. Per capita income is $30,623. The unemployment rate stands at 4.0% (11% above the U.S. rate of 3.6%). The area is home to 730 business establishments.

Housing & Cost of Living

The median home value in Ocean Reef is $295,800 , 5% above the national median of $281,900. Median rent is $1,479/month.

Climate & Weather

Ocean Reef has an average annual temperature of 66°F (19°C). Winters average 71°F in January while summers reach 61°F in July. The area gets 352 sunny days per year. Annual precipitation totals 18.8 inches.

Data Overview

People

Population7,689

Median Age44.0 yrs

Density3,697/mi²

Foreign Born43.4%

Economy

Median Income$30,623

Per Capita$30,623

Unemployment4.0%

Poverty

Avg Weekly Wage$589

Housing

Home Value$295,800

Rent$1,479

Ownership87.7%

Housing Units3,076

Climate

Avg Temp66°F

Sunny Days352/yr

Rain18.8 in/yr

Elevation115 ft

Did You Know?

43.4% of residents are foreign-born.