Affluence & Economy Red Hills Tas 7304

Is Red Hills TAS 7304 a rich suburb?

Business in Red Hills

The higher the score, the more vibrant and diverse the regional economy.
Sources: ABS, GOOGLE, TORREN and Microburbs, 2016 - 2023

	Field	Value	VS Launceston and North East Tas	Trend
	Business Activity	56.0	Top 34%	Data for May 2023
	Industry Diversity	83.3	Bottom 43%	Data for May 2023

Affluence in Red Hills

The higher the score, the more wealthy, high income and financially free the population is.
Sources: ABS, ATO, DSS, GOOGLE, TORREN and Microburbs, 2001 - 2023

Field	Value	VS Launceston and North East Tas	Trend
Education score	5.0	Bottom 46%	Data for Jun 2022
Middle Class	47.3%	Bottom 36%	Data for May 2023
Underclass	9.8%	Bottom 23%	Data for May 2023
Upper Class	6.1%	Top 26%	Data for May 2023
Working Class	36.8%	Top 24%	Data for May 2023
Austudy Payments (SA2)	5	Bottom 32%	Data for Jun 2024
Commonwealth Rent Assistance (SA2)	355	Bottom 44%	Data for Jun 2024
Median household income (weekly)	$1,780	Top 35%	54% to Jan 2021
Pension Payments (SA2)	1000	Top 43%	Data for Jun 2024
Unemployed	6.2%	Top 13%	to Dec 2021

Employment in Red Hills

Sources: ABS, AURIN, SEEK and Microburbs, 2006 - 2022

	Field	Value	VS Launceston and North East Tas	Trend
	Labour force participation	68.0%	Top 25%	32% to Dec 2021

Businesses (2)

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Headline	Place	Datetime
3 Willows Vineyard	46 Montana Rd