Palm Island, Australia

Full City Profile

2.8 /5.0

C+ Fair

2,516 Population 1/sq mi density

20 ft Elevation 6 meters

74°F Avg Temperature 23°C

C+

Overall

2.8 / 5.0

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

Economy

1.9 / 5.0

$12,979 median income, 9.5% unemployment

B+

Affordability

3.6 / 5.0

$70,400 home value, $352/mo rent

Palm Island, Australia

At a Glance

Median Income

$12,979

83% below

$12,979 per capita

Home Value

$70,400

75% below

Median Rent

$352/mo

70% below

Unemployment

9.5%

164% above

Avg Temperature

74°F

213 sunny days/yr

Is Palm Island 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

Palm Island residents earn a median household income of $12,979 , which is 83% below the national average of $75,149. Per capita income is $12,979. The unemployment rate stands at 9.5% (164% above the U.S. rate of 3.6%). The area is home to 239 business establishments.

Housing & Cost of Living

The median home value in Palm Island is $70,400 , 75% below the national median of $281,900. Median rent is $352/month.

Climate & Weather

Palm Island has an average annual temperature of 74°F (23°C). Winters average 80°F in January while summers reach 66°F in July. The area gets 213 sunny days per year. Annual precipitation totals 72.8 inches.

Data Overview

People

Population2,516

Median Age27.0 yrs

Density1/mi²

Foreign Born2.1%

Economy

Median Income$12,979

Per Capita$12,979

Unemployment9.5%

Poverty

Avg Weekly Wage$250

Housing

B+

Home Value$70,400

Rent$352

Ownership1.7%

Housing Units1,006

Climate

Avg Temp74°F

Sunny Days213/yr

Rain72.8 in/yr

Elevation20 ft