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CofFEE Employment Vulnerability Index - Profile for Mernda, VIC


The suburb of Mernda is a Medium low risk job loss community based on the CofFEE EVI modelling.

Mernda is located in the Melbourne area, in VIC. Its CofFEE EVI score of suggests that it's residents are not very vulnerable to employment loss if the national economy contracts

It has a younger population relative to the VIC average.

In terms of post secondary qualifications, Mernda 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 Mernda earn more than the median individual income for VIC, while median family income in Mernda is greater than the median family income for VIC.

Mortgage holders in Mernda are making monthly payments which are above the median VIC mortgage repayment.

Mernda'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.

Mernda'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 Mernda relative to VIC and the nation as a whole.

Indicator - August 2016 Mernda VIC Australia
Median Age 31 37 38
% without post secondary school qualifications 37.39% 38.74% 39.50%
Median individual income ($ per week) $776 $644 $662
Median family income ($ per week) $1772 $1715.00 $1734.00
Median household income ($ per week) $1659 $1419.00 $1438.00
Median mortgage repayment ($ per month) $1900 $1728 $1755
Median rent ($ per week) $346 $325 $335
Average household size 3.00 2.60 2.60
Part-time employment as a % total 28.69% 33.66% 32.68%
Male unemployment rate 5.12% 6.56% 7.00%
Female unemployment rate 6.23% 6.65% 6.72%
Unemployment rate 5.69% 6.60% 6.86%
Male labour force participation rate 81.21% 69.94% 69.56%
Female labour force participation rate 67.33% 59.43% 59.80%
Total labour force participation rate 73.97% 64.53% 64.56%
Employment-Population ratio 65.84% 60.46% 60.26%
% Employed in Mining 0.18% 0.33% 1.66%
% Employed in Manufacturing 7.80% 7.77% 6.40%
% Employed in Construction 11.05% 8.34% 8.53%
% Employed in Retail Trade 11.66% 10.22% 9.86%
% Employed in Accommodation, Cafes and Restaurants 4.67% 6.61% 6.91%
% Employed in Finance and Insurance 3.73% 3.90% 3.60%
% Employed in Property and Business Services 1.37% 1.57% 1.70%