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Is South Melbourne VIC 3205 a rich suburb?

Affluence in South Melbourne
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 Melbourne Trend
Education score
6.1 Top 2% 1% to Jun 2022
Middle Class
68.9% Top 17% Data for May 2023
Underclass
12.1% Bottom 43% Data for May 2023
Upper Class
7.6% Top 9% Data for May 2023
Working Class
11.4% Bottom 15% Data for May 2023
Austudy Payments (SA2)
15 Top 20% Data for Jun 2024
Commonwealth Rent Assistance (SA2)
460 Top 45% Data for Jun 2024
Median household income (weekly)
$2,100 Top 20% 25% to Jan 2021
Pension Payments (SA2)
735 Bottom 41% Data for Jun 2024
Unemployed
0.0% Bottom 31% 20% to Dec 2021
Business in South Melbourne
The higher the score, the more vibrant and diverse the regional economy.
Sources: GOOGLE, TORREN and Microburbs, 2016 - 2023
Field Value VS Melbourne Trend
Business Activity
90.0 Top 4% Data for May 2023
Industry Diversity
77.8 Bottom 28% Data for May 2023
Employment in South Melbourne
Sources: ABS, AURIN, SEEK and Microburbs, 2006 - 2022
Field Value VS Melbourne Trend
Labour force participation
68.3% Top 24% 20% to Dec 2021
Businesses (172)
Affluence (11)
Professional Services (14)
Infrastructure (3)
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Profiles
Nearby Suburbs