Financial circumstances in City of Parramatta in 2023

The section reports on your residents’ current and future personal financial circumstances, their ability to meet commitments and how they feel about the future economic prospects of their local area. It gives you the capability to explore how your residents’ views regarding their health compare beyond, across and within your LGA.

City of Parramatta Current Financial Circumstances
Australia
6.3
Metropolitan Australia
6.3
Metropolitan Sydney
6.5
New South Wales
6.5
Middle Suburbs
6.3
Collected January 2023

City of Parramatta residents rated their current Personal Financial Circumstances an average of 6.2 out of 10, lower than Australia (6.3), Metropolitan Australia (6.3), Metropolitan Sydney (6.5), New South Wales (6.5), and Middle Suburbs (6.3).

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Residents rated their current personal financial circumstances an average of 6.2 out of 10. When asked about the future, 23% forecast that their personal financial circumstances will get better in 12 months and 27% believe they will get worse.
How would you rate your personal financial circumstances?
Do you think your personal financial circumstance will get worse, stay the same or get better over the next year?
City of Parramatta 2023 (n = 1082)
6.2
Very poor
Excellent
City of Parramatta 2023 (n = 1082)
27%
50%
23%
Get worse
Stay the same
Get better
How often, if ever, are you late meeting your financial commitments?
Do you think the economic situation in your local area will get worse, stay the same or get better over the next year?
City of Parramatta 2023
Always late
2%
Often late
5%
Sometimes late
29%
Never late
64%
City of Parramatta 2023 (n = 1082)
39%
45%
16%
Get worse
Stay the same
Get better