Parkwood, Australia

Full City Profile

1.8 /5.0

D Poor

8,656 Population 14/sq mi density

92 ft Elevation 28 meters

69°F Avg Temperature 21°C

Overall

1.8 / 5.0

Below average overall score based on economy, affordability, safety and education

C+

Economy

2.5 / 5.0

$24,877 median income, 6.1% unemployment

Affordability

1.0 / 5.0

$303,000 home value, $1,515/mo rent

Parkwood, Australia

At a Glance

Median Income

$24,877

67% below

$24,877 per capita

Home Value

$303,000

7% above

Median Rent

$1,515/mo

30% above

Unemployment

6.1%

69% above

Avg Temperature

69°F

344 sunny days/yr

Is Parkwood a Good Place to Live?

1.8 / 5.0 — Poor

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

Economy & Jobs

Parkwood residents earn a median household income of $24,877 , which is 67% below the national average of $75,149. Per capita income is $24,877. The unemployment rate stands at 6.1% (69% above the U.S. rate of 3.6%). The area is home to 822 business establishments.

Housing & Cost of Living

The median home value in Parkwood is $303,000 , 7% above the national median of $281,900. Median rent is $1,515/month.

Climate & Weather

Parkwood has an average annual temperature of 69°F (21°C). Winters average 75°F in January while summers reach 62°F in July. The area gets 344 sunny days per year. Annual precipitation totals 31.4 inches.

Data Overview

People

Population8,656

Median Age37.0 yrs

Density14/mi²

Foreign Born31.7%

Economy

C+

Median Income$24,877

Per Capita$24,877

Unemployment6.1%

Poverty

Avg Weekly Wage$478

Housing

Home Value$303,000

Rent$1,515

Ownership69.7%

Housing Units3,462

Climate

Avg Temp69°F

Sunny Days344/yr

Rain31.4 in/yr

Elevation92 ft

Did You Know?

31.7% of residents are foreign-born.