Average Income

💷 Average Income Index

Topic: Property | Category: Residential | Group: Social & Community**

Description

The Average Income Index reflects the typical household income levels in the area around a property.

What the Index Measures

This index uses aggregated income data to score:

• neighborhood income averages
  
   
• local earning power
  
   
• socio-economic profile
  
   

Higher scores = higher local income levels
 Lower scores = lower-income communities

Numeric Scale & Quality Interpretation

Same numeric structure.

Examples:

• 19/20 = affluent area
  
   
• 7/20 = moderate area
  
   
• 3/20 = low-income zone
  
   

Accuracy: Larger scales capture subtle socio-economic variation, helpful for investors and risk modeling.

Why Numeric Scales Matter

Socio-economic conditions directly affect property value, tenant profiles, and market risk.

How This Index Saves You Time

Instead of analysing government reports, the index summarizes the area’s income profile into one number.

AI Insight Example

“This district ranks in the top 15% for average household income.”

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Detailed scales unlock fine-grain mapping for investment analysis.

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➡️ Explore properties in higher-income neighborhoods →