Rakaia, New Zealand

Full City Profile

2.8 /5.0

C+ Fair

1,670 Population 2,288/sq mi density

387 ft Elevation 118 meters

53°F Avg Temperature 11°C

C+

Overall

2.8 / 5.0

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

Economy

3.0 / 5.0

$25,560 median income, 3.1% unemployment

C+

Affordability

2.6 / 5.0

$182,000 home value, $910/mo rent

Rakaia, New Zealand

At a Glance

Median Income

$25,560

66% below

$25,560 per capita

Home Value

$182,000

35% below

Median Rent

$910/mo

22% below

Unemployment

3.1%

14% below

Avg Temperature

53°F

287 sunny days/yr

Is Rakaia a Good Place to Live?

C+

2.8 / 5.0 — Fair

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

Economy & Jobs

Rakaia residents earn a median household income of $25,560 , which is 66% below the national average of $75,149. Per capita income is $25,560. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). The area is home to 154 business establishments.

Housing & Cost of Living

The median home value in Rakaia is $182,000 , 35% below the national median of $281,900. Median rent is $910/month.

Climate & Weather

Rakaia has an average annual temperature of 53°F (11°C). Winters average 62°F in January while summers reach 43°F in July. The area gets 287 sunny days per year. Annual precipitation totals 26.9 inches.

Data Overview

People

Population1,670

Median Age40.1 yrs

Density2,288/mi²

Foreign Born14.8%

Economy

Median Income$25,560

Per Capita$25,560

Unemployment3.1%

Poverty

Avg Weekly Wage$492

Housing

C+

Home Value$182,000

Rent$910

Ownership77.9%

Housing Units668

Climate

Avg Temp53°F

Sunny Days287/yr

Rain26.9 in/yr

Elevation387 ft

Did You Know?

14.8% of residents are foreign-born.