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A prosperous economy

Probably a good indicator for how the community views the financial wellbeing of their local area, understanding ‘a prosperous economy’ - and unpacking this concept across small areas - provides a platform for us to explore the relative distance between places perceived to be the most and least prosperous, whether we are becoming more economically prosperous overall or in pockets and whether the gap between the most and least prosperous local areas is expanding or contracting.

A prosperous economy in Clarence Valley Council

15% of residents selected ‘A prosperous economy’ as an important attribute when considering what makes somewhere a good place to live, making it the 15th most important liveability aspect for Clarence Valley Council residents overall. Residents rated their experience of ‘A prosperous economy’ in their local area 5.5 out of 10, on average, making it the 10th most positively experienced attribute of 16. In comparison to Australia: 2024, residents of Clarence Valley Council reported worse local area experiences for A prosperous economy.

Benchmarks

Importance
Experience
Clarence Valley Council
15%
5.5
Australia: 2024
15%
6.2
New South Wales: 2024
12%
6.2
Northern NSW: 2024
8%
5.2
Regional Australia: 2024
15%
5.8

Local areas

Importance
Experience
Clarence Valley Council
15%
5.5
Area A (n = 218)
17%
5.3
Area B (n = 52)
18%
5.3
Area C (n = 141)
14%
5.6
Area D (n = 115)
14%
6.1

Gender

Importance
Experience
Clarence Valley Council
15%
5.5
Male (n = 150)
25%
5.7
Female (n = 358)
12%
5.5
Other (n = 14)
8%
4.7

Age

Importance
Experience
Clarence Valley Council
15%
5.5
18 - 34 (n = 50)
16%
5.3
35 - 59 (n = 134)
17%
5.3
60 + (n = 319)
14%
5.9

Significantly higher
Significantly lower