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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 Huon Valley

15% of residents selected ‘A prosperous economy’ as an important attribute when considering what makes somewhere a good place to live, making it the 14th most important liveability aspect for Huon Valley residents overall. Residents rated their experience of ‘A prosperous economy’ in their local area 5.3 out of 10, on average, making it the 8th most positively experienced attribute of 16. In comparison to Australia, residents of Huon Valley placed less importance on A prosperous economy and reported worse local area experiences.

Benchmarks

Importance
Experience
Huon Valley
15%
5.3
Australia
23%
6.2
Small Town & Rural
19%
6.0
Tasmania
15%
5.6

Local areas

Importance
Experience
Huon Valley
15%
5.3
Cygnet and surrounds (n = 230)
14%
5.9
Dover and surrounds (n = 80)
21%
4.8
Franklin and surrounds (n = 101)
16%
5.3
Geeveston and surrounds (n = 76)
9%
5.4
Huonville/Ranelagh and surrounds (n = 292)
15%
5.0

Gender

Importance
Experience
Huon Valley
15%
5.3
Male (n = 216)
19%
5.4
Female (n = 544)
11%
5.3
Other (n = 11)
9%
3.6

Age

Importance
Experience
Huon Valley
15%
5.3
18 - 34 (n = 105)
13%
5.6
35 - 59 (n = 387)
15%
5.2
60 + (n = 265)
16%
5.4

Significantly higher
Significantly lower