Home / Employment Vulnerability Index 3.0 / Profile for Concord West - North Strathfield, NSW
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The suburb of Concord West - North Strathfield is a Low risk job loss community based on the CofFEE EVI modelling. |
Concord West - North Strathfield is located in the Sydney area, in NSW. Its CofFEE EVI score of suggests that it's residents are well placed to avoid employment loss if the national economy contracts It has a younger population relative to the NSW average. In terms of post secondary qualifications, Concord West - North Strathfield has education levels which are above the NSW average. This reduces the likelihood that the suburb will experience job losses in a national contraction. Individuals in Concord West - North Strathfield earn more than the median individual income for NSW, while median family income in Concord West - North Strathfield is greater than the median family income for NSW. Mortgage holders in Concord West - North Strathfield are making monthly payments which are above the median NSW mortgage repayment. Concord West - North Strathfield's workforce is less likely to be part-time employed relative to the NSW average, and its labour market performance summarised by its overall unemployment rate relative to NSW is poor. Concord West - North Strathfield's workforce is less likely to be underemployed relative to the NSW average, and its labour market performance summarised by its overall unemployment rate relative to NSW is poor The following table has more indicators which allow you to appraise Concord West - North Strathfield relative to NSW and the nation as a whole. |
Indicator - August 2016 | Concord West - North Strathfield | NSW | Australia |
---|---|---|---|
Median Age | 31 | 38 | 38 |
% without post secondary school qualifications | 28.67% | 38.56% | 39.50% |
Median individual income ($ per week) | $773 | $664 | $662 |
Median family income ($ per week) | $2075 | $1780.00 | $1734.00 |
Median household income ($ per week) | $1860 | $1486.00 | $1438.00 |
Median mortgage repayment ($ per month) | $2200 | $1986 | $1755 |
Median rent ($ per week) | $590 | $380 | $335 |
Average household size | 2.60 | 2.60 | 2.60 |
Part-time employment as a % total | 26.08% | 31.69% | 32.68% |
Male unemployment rate | 6.77% | 6.28% | 7.00% |
Female unemployment rate | 7.50% | 6.22% | 6.72% |
Unemployment rate | 7.16% | 6.26% | 6.86% |
Male labour force participation rate | 72.96% | 68.39% | 69.56% |
Female labour force participation rate | 62.10% | 58.51% | 59.80% |
Total labour force participation rate | 67.42% | 63.33% | 64.56% |
Employment-Population ratio | 59.06% | 59.17% | 60.26% |
% Employed in Mining | 0.25% | 0.94% | 1.66% |
% Employed in Manufacturing | 4.44% | 5.84% | 6.40% |
% Employed in Construction | 5.79% | 8.36% | 8.53% |
% Employed in Retail Trade | 8.19% | 9.66% | 9.86% |
% Employed in Accommodation, Cafes and Restaurants | 7.80% | 7.08% | 6.91% |
% Employed in Finance and Insurance | 10.03% | 4.95% | 3.60% |
% Employed in Property and Business Services | 3.42% | 1.76% | 1.70% |