Parakai, New Zealand

Full City Profile

2.0 /5.0

C Fair

1,100 Population 0/sq mi density

13 ft Elevation 4 meters

60°F Avg Temperature 16°C

Overall

2.0 / 5.0

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

C+

Economy

2.9 / 5.0

$22,200 median income, 3.7% unemployment

Affordability

1.0 / 5.0

$239,200 home value, $1,196/mo rent

Parakai, New Zealand

At a Glance

Median Income

$22,200

70% below

$22,200 per capita

Home Value

$239,200

15% below

Median Rent

$1,196/mo

3% above

Unemployment

3.7%

3% above

Avg Temperature

60°F

295 sunny days/yr

Is Parakai a Good Place to Live?

2.0 / 5.0 — Fair

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

Economy & Jobs

Parakai residents earn a median household income of $22,200 , which is 70% below the national average of $75,149. Per capita income is $22,200. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). The area is home to 101 business establishments.

Housing & Cost of Living

The median home value in Parakai is $239,200 , 15% below the national median of $281,900. Median rent is $1,196/month.

Climate & Weather

Parakai has an average annual temperature of 60°F (16°C). Winters average 67°F in January while summers reach 54°F in July. The area gets 295 sunny days per year. Annual precipitation totals 67.3 inches.

Data Overview

People

Population1,100

Median Age36.8 yrs

Density0/mi²

Foreign Born18.6%

Economy

C+

Median Income$22,200

Per Capita$22,200

Unemployment3.7%

Poverty

Avg Weekly Wage$427

Housing

Home Value$239,200

Rent$1,196

Ownership71.2%

Housing Units440

Climate

Avg Temp60°F

Sunny Days295/yr

Rain67.3 in/yr

Elevation13 ft

Did You Know?

18.6% of residents are foreign-born.