Petrie Terrace, Australia

Full City Profile

2.9 /5.0

C+ Fair

1,091 Population 0/sq mi density

85 ft Elevation 26 meters

68°F Avg Temperature 20°C

C+

Overall

2.9 / 5.0

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

C+

Economy

2.9 / 5.0

$35,896 median income, 5.4% unemployment

C+

Affordability

2.8 / 5.0

$245,000 home value, $1,225/mo rent

Petrie Terrace, Australia

At a Glance

Median Income

$35,896

52% below

$35,896 per capita

Home Value

$245,000

13% below

Median Rent

$1,225/mo

5% above

Unemployment

5.4%

50% above

Avg Temperature

68°F

337 sunny days/yr

Is Petrie Terrace a Good Place to Live?

C+

2.9 / 5.0 — Fair

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

Economy & Jobs

Petrie Terrace residents earn a median household income of $35,896 , which is 52% below the national average of $75,149. Per capita income is $35,896. The unemployment rate stands at 5.4% (50% above the U.S. rate of 3.6%). The area is home to 104 business establishments.

Housing & Cost of Living

The median home value in Petrie Terrace is $245,000 , 13% below the national median of $281,900. Median rent is $1,225/month.

Climate & Weather

Petrie Terrace has an average annual temperature of 68°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 30.5 inches.

Data Overview

People

Population1,091

Median Age31.0 yrs

Density0/mi²

Foreign Born23.2%

Economy

C+

Median Income$35,896

Per Capita$35,896

Unemployment5.4%

Poverty

Avg Weekly Wage$690

Housing

C+

Home Value$245,000

Rent$1,225

Ownership43.4%

Housing Units436

Climate

Avg Temp68°F

Sunny Days337/yr

Rain30.5 in/yr

Elevation85 ft

Did You Know?

23.2% of residents are foreign-born.