Taroom is a small community in Queensland within the Banana local government area (postcode 4420). With a population of 885, the suburb has an established demographic with a median age of 41. Households earn a median income of $69K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, machinery operators & drivers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Scottish.
The median weekly rent is $170 (Census 2021). The median monthly mortgage repayment is $867.
Taroom is served by 1 school, including 1 combined. The average ICSEA score is 965, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Banana LGA is moderate at 4,914 incidents per 100,000 population.
Looking at the investment signals, Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.