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CofFEE Employment Vulnerability Index - Profile for Carlton North - Princes Hill, VIC


The suburb of Carlton North - Princes Hill is a Low risk job loss community based on the CofFEE EVI modelling.

Carlton North - Princes Hill is located in the Melbourne area, in VIC. 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 VIC average.

In terms of post secondary qualifications, Carlton North - Princes Hill has education levels which are above the VIC average. This reduces the likelihood that the suburb will experience job losses in a national contraction.

Individuals in Carlton North - Princes Hill earn more than the median individual income for VIC, while median family income in Carlton North - Princes Hill is greater than the median family income for VIC.

Mortgage holders in Carlton North - Princes Hill are making monthly payments which are above the median VIC mortgage repayment.

Carlton North - Princes Hill's workforce is less likely to be part-time employed relative to the VIC average, and its labour market performance summarised by its overall unemployment rate relative to VIC is good.

Carlton North - Princes Hill's workforce is less likely to be underemployed relative to the VIC average, and its labour market performance summarised by its overall unemployment rate relative to VIC is good

The following table has more indicators which allow you to appraise Carlton North - Princes Hill relative to VIC and the nation as a whole.

Indicator - August 2016 Carlton North - Princes Hill VIC Australia
Median Age 33 37 38
% without post secondary school qualifications 22.79% 38.74% 39.50%
Median individual income ($ per week) $968 $644 $662
Median family income ($ per week) $2594 $1715.00 $1734.00
Median household income ($ per week) $1991 $1419.00 $1438.00
Median mortgage repayment ($ per month) $2167 $1728 $1755
Median rent ($ per week) $490 $325 $335
Average household size 2.30 2.60 2.60
Part-time employment as a % total 32.67% 33.66% 32.68%
Male unemployment rate 5.14% 6.56% 7.00%
Female unemployment rate 4.13% 6.65% 6.72%
Unemployment rate 4.53% 6.60% 6.86%
Male labour force participation rate 77.61% 69.94% 69.56%
Female labour force participation rate 73.17% 59.43% 59.80%
Total labour force participation rate 75.23% 64.53% 64.56%
Employment-Population ratio 67.23% 60.46% 60.26%
% Employed in Mining 0.12% 0.33% 1.66%
% Employed in Manufacturing 2.34% 7.77% 6.40%
% Employed in Construction 3.12% 8.34% 8.53%
% Employed in Retail Trade 7.98% 10.22% 9.86%
% Employed in Accommodation, Cafes and Restaurants 8.06% 6.61% 6.91%
% Employed in Finance and Insurance 4.90% 3.90% 3.60%
% Employed in Property and Business Services 1.69% 1.57% 1.70%