Home / Employment Vulnerability Index 3.0 / Profile for Redwood Park, SA
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The suburb of Redwood Park is a Amber Alert - Medium high risk job loss community based on the CofFEE EVI modelling. |
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Redwood Park is located in the Adelaide area, in SA. Its CofFEE EVI score of suggests that it's residents are quite vulnerable to employment loss if the national economy contracts It has a younger population relative to the SA average. In terms of post secondary qualifications, Redwood Park has education levels which are above the SA average. This reduces the likelihood that the suburb will experience job losses in a national contraction. Individuals in Redwood Park earn more than the median individual income for SA, while median family income in Redwood Park is greater than the median family income for SA. Mortgage holders in Redwood Park are making monthly payments which are above the median SA mortgage repayment. Redwood Park's workforce is less likely to be part-time employed relative to the SA average, and its labour market performance summarised by its overall unemployment rate relative to SA is good. Redwood Park's workforce is less likely to be underemployed relative to the SA average, and its labour market performance summarised by its overall unemployment rate relative to SA is good The following table has more indicators which allow you to appraise Redwood Park relative to SA and the nation as a whole. |
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| Indicator - August 2016 | Redwood Park | SA | Australia |
|---|---|---|---|
| Median Age | 39 | 40 | 38 |
| % without post secondary school qualifications | 42.13% | 43.49% | 39.50% |
| Median individual income ($ per week) | $708 | $600 | $662 |
| Median family income ($ per week) | $1738 | $1510.00 | $1734.00 |
| Median household income ($ per week) | $1505 | $1206.00 | $1438.00 |
| Median mortgage repayment ($ per month) | $1517 | $1491 | $1755 |
| Median rent ($ per week) | $310 | $260 | $335 |
| Average household size | 2.60 | 2.40 | 2.60 |
| Part-time employment as a % total | 34.10% | 36.24% | 32.68% |
| Male unemployment rate | 6.62% | 8.10% | 7.00% |
| Female unemployment rate | 5.40% | 6.84% | 6.72% |
| Unemployment rate | 5.98% | 7.50% | 6.86% |
| Male labour force participation rate | 71.66% | 66.09% | 69.56% |
| Female labour force participation rate | 65.08% | 57.40% | 59.80% |
| Total labour force participation rate | 68.37% | 61.64% | 64.56% |
| Employment-Population ratio | 61.82% | 58.30% | 60.26% |
| % Employed in Mining | 0.95% | 1.24% | 1.66% |
| % Employed in Manufacturing | 8.26% | 7.99% | 6.40% |
| % Employed in Construction | 10.87% | 7.59% | 8.53% |
| % Employed in Retail Trade | 10.53% | 10.69% | 9.86% |
| % Employed in Accommodation, Cafes and Restaurants | 5.06% | 6.67% | 6.91% |
| % Employed in Finance and Insurance | 2.89% | 2.72% | 3.60% |
| % Employed in Property and Business Services | 1.44% | 1.34% | 1.70% |
Centre of Full Employment and Equity
University of Newcastle
University Drive
Callaghan NSW 2308
Australia
© CofFEE 2018
Contact
Telephone: +61-(0)2 4921 7283
E-mail: coffee@newcastle.edu.au
