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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 Toowoomba

16% 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 Toowoomba residents overall. Residents rated their experience of ‘A prosperous economy’ in their local area 5.5 out of 10, on average, making it the 12th most positively experienced attribute of 16. In comparison to Australia: 2023, residents of Toowoomba reported worse local area experiences for A prosperous economy. In comparison to June 2022, residents of Toowoomba reported worse local area experiences for A prosperous economy.

Benchmarks

Importance
Experience
Toowoomba
16%
5.5
June 2022
13%
6.2
Australia: 2023
16%
6.2
Queensland: 2023
17%
6.1
Regional Australia: 2023
16%
5.9
South East Queensland: 2023
16%
6.1

Local areas

Importance
Experience
Toowoomba
16%
5.5
Rest of Toowoomba (n = 227)
18%
5.6
Central Toowoomba (n = 405)
14%
5.5

Gender

Importance
Experience
Toowoomba
16%
5.5
Male (n = 205)
18%
5.7
Female (n = 416)
15%
5.5

Age

Importance
Experience
Toowoomba
16%
5.5
18 - 34 (n = 80)
14%
4.7
35 - 59 (n = 240)
18%
5.6
60 + (n = 289)
16%
6.2

Significantly higher
Significantly lower