Palmwoods, Australia

Full City Profile

2.1 /5.0

C Fair

5,575 Population 6/sq mi density

112 ft Elevation 34 meters

69°F Avg Temperature 20°C

Overall

2.1 / 5.0

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

C+

Economy

2.9 / 5.0

$25,215 median income, 4.1% unemployment

Affordability

1.2 / 5.0

$242,200 home value, $1,211/mo rent

Palmwoods, Australia

At a Glance

Median Income

$25,215

66% below

$25,215 per capita

Home Value

$242,200

14% below

Median Rent

$1,211/mo

4% above

Unemployment

4.1%

14% above

Avg Temperature

69°F

337 sunny days/yr

Is Palmwoods a Good Place to Live?

2.1 / 5.0 — Fair

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

Economy & Jobs

Palmwoods residents earn a median household income of $25,215 , which is 66% below the national average of $75,149. Per capita income is $25,215. The unemployment rate stands at 4.1% (14% above the U.S. rate of 3.6%). The area is home to 530 business establishments.

Housing & Cost of Living

The median home value in Palmwoods is $242,200 , 14% below the national median of $281,900. Median rent is $1,211/month.

Climate & Weather

Palmwoods has an average annual temperature of 69°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 38.7 inches.

Data Overview

People

Population5,575

Median Age43.0 yrs

Density6/mi²

Foreign Born17.4%

Economy

C+

Median Income$25,215

Per Capita$25,215

Unemployment4.1%

Poverty

Avg Weekly Wage$485

Housing

Home Value$242,200

Rent$1,211

Ownership78.2%

Housing Units2,230

Climate

Avg Temp69°F

Sunny Days337/yr

Rain38.7 in/yr

Elevation112 ft

Did You Know?

17.4% of residents are foreign-born.