Princes Hill, Australia

Full City Profile

3.0 /5.0

B Good

2,069 Population 13,793/sq mi density

144 ft Elevation 44 meters

59°F Avg Temperature 15°C

Overall

3.0 / 5.0

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

Economy

3.0 / 5.0

$39,073 median income, 5.0% unemployment

C+

Affordability

2.9 / 5.0

$260,200 home value, $1,301/mo rent

Princes Hill, Australia

At a Glance

Median Income

$39,073

48% below

$39,073 per capita

Home Value

$260,200

8% below

Median Rent

$1,301/mo

12% above

Unemployment

5.0%

39% above

Avg Temperature

59°F

292 sunny days/yr

Is Princes Hill a Good Place to Live?

3.0 / 5.0 — Good

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

Economy & Jobs

Princes Hill residents earn a median household income of $39,073 , which is 48% below the national average of $75,149. Per capita income is $39,073. The unemployment rate stands at 5.0% (39% above the U.S. rate of 3.6%). The area is home to 197 business establishments.

Housing & Cost of Living

The median home value in Princes Hill is $260,200 , 8% below the national median of $281,900. Median rent is $1,301/month.

Climate & Weather

Princes Hill has an average annual temperature of 59°F (15°C). Winters average 68°F in January while summers reach 52°F in July. The area gets 292 sunny days per year. Annual precipitation totals 33.2 inches.

Data Overview

People

Population2,069

Median Age39.0 yrs

Density13,793/mi²

Foreign Born21.7%

Economy

Median Income$39,073

Per Capita$39,073

Unemployment5.0%

Poverty

Avg Weekly Wage$751

Housing

C+

Home Value$260,200

Rent$1,301

Ownership55.5%

Housing Units828

Climate

Avg Temp59°F

Sunny Days292/yr

Rain33.2 in/yr

Elevation144 ft

Did You Know?

21.7% of residents are foreign-born.