Jacobs Well (Qld)

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Based on demographic evaluations from the ABS for the surrounding region, combined with updated addresses verified by Districts since the Census, the suburb of Jacobs Well has an estimated population of 4,024 as of May 2026. This represents a growth of 1,142 people (39.6%) relative to the 2021 Census, when the population was recorded at 2,882 individuals. The projection is based on a resident population of 3,780, calculated by Districts using the June 2025 ABS ERP data release, alongside 268 validated new addresses added since the Census. Such a population size results in a density of 296 persons per square kilometer, indicating low density living and opportunity for future expansion. The suburb of Jacobs Well recorded a 39.6% population increase since the 2021 Census, outpacing the Rest of Qld (9.2%) and the national benchmark, establishing the locality as a regional leader in expansion. Population gains were largely fueled by people moving from interstate, accounting for roughly of the overall increase, with other factors like natural increase and overseas migration also contributing positively.

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The suburb of Jacobs Well features a diverse labor force of both professional and trade workers, with construction representing a notable proportion of employment. The unemployment rate stands at 2.8%, and job growth was estimated at 4.8% over the past year using aggregated statistical data. As of March 2026, there are 2,173 working residents. The unemployment rate is 1.1% lower than the Regional Qld average of 3.9%, and the labor force participation rate is high at 71.7% compared to 64.3% in Regional Qld. Census data shows that a moderate 16.0% of the working population performed their duties from home, though this may have been influenced by pandemic containment measures.

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According to the latest postcode ATO statistics aggregated by Districts for the 2023 financial year, taxpayers in the suburb of Jacobs Well had a median income of $59,280 and an average income of $68,934. This is slightly higher than the national figures, and compares to a median of $53,146 and an average of $66,593 in Regional Qld. Factoring in Wage Price Index growth of 11.36% since the 2023 financial year, updated estimates for March 2026 would be roughly $66,014 for the median and $76,765 for the average. Census data places household, family, and personal incomes around the 71st percentile nationally. Income distribution figures show that 37.9% of the population (1,525 individuals) earn within the $1,500 - 2,999 range, which is comparable to the 31.7% observed regionally. Residents spend of their income on housing costs, leaving disposable income levels in the rd percentile, while the SEIFA index ranks the area in the th decile.

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At the time of the last Census, the housing stock in the suburb of Jacobs Well consisted of 98.9% detached houses and 1.1% other options like semi-detached dwellings or apartments, compared to 76.4% houses and 23.6% other options in Regional Qld. The outright home ownership rate was lower than the Regional Qld level, standing at 29.2%, with the remaining dwellings holding a mortgage (56.6%) or being rented (14.2%). Homeowners faced median monthly mortgage payments of $2,141, while tenants paid a median weekly rent of $465, compared to $1,655 and $345 in Regional Qld. Locally, mortgage commitments are higher than the national median of $1,863, and weekly rents also exceed the Australian median of $375.

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Families make up 84.2% of households, consisting of couples with children at 37.7%, couples without children at 37.3%, and single-parent homes at 8.5%. Non-family households account for 15.8% of the total, with single-person homes at 13.4% and group living situations at 2.2%. The median household occupancy is 2.7 people, which is higher than the Regional Qld average of 2.5.

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Educational profiles indicate that university graduation rates are relatively low, with 13.8% of residents holding a tertiary qualification compared to the national average of 30.4%. This highlights a gap as well as room for targeted educational support. Bachelor degrees are held by 10.1% of the population, followed by postgraduate qualifications at 2.4% and graduate diplomas at 1.3%. Vocational qualifications are common, with 46.5% of residents aged 15+ holding trade credentials, consisting of advanced diplomas (11.8%) and certificates (34.7%).

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Public transport services in the suburb of Jacobs Well include 10 active bus stops. These stops connect to 1 separate route, which provides a combined total of 181 passenger trips weekly. Transport access is rated as good, with residents living an average of 288 meters from a stop. The suburb is primarily residential, and 95% of commuters travel by car. Dwellings average 2.0 vehicles, which is higher than the regional average. Census data from 2021 indicated that 16.0% of residents worked from home, which may have been influenced by pandemic conditions.

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Health indicators in the suburb of Jacobs Well are favorable, based on mortality and chronic illness assessments by Districts. While chronic conditions are more common in older age groups compared to the national average, overall prevalence remains low, and 55% of residents (~2,193 people) hold private health insurance, compared to 52.5% in Regional Qld.

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Cultural diversity measures are low, with citizenship at 87.2%, Australian-born residents making up 79.6% of the population, and 95.6% of households using only English. Christianity is the primary religion, followed by 48.9% of the community, compared to 52.2% in Regional Qld.

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The median age of 41 years in the suburb of Jacobs Well matches the Regional Qld median while being slightly higher than the national median of 38 years. Compared to Regional Qld, there is a higher proportion of residents aged 45 - 54 (14.4%) but fewer people in the 75 - 84 bracket (4.3%). Since the 2021 Census, the 15 to 24 demographic has increased from 9.6% to 13.0%, while the 45 to 54 group decreased from 16.2% to 14.4%. By 2041, demographic models suggest shifts in the population, with the 45 to 54 cohort expected to grow by 54% (an increase of 312 people), rising from to .

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Jacobs Well currently has an estimated 221 children under 5 years old, comprising approximately 123 children aged 0-2 and 82 children aged 3-4. This cohort grew by an estimated 35% since the previous census. while population forecasts indicate future growth, with an anticipated increase of 53% by 2041 (to approximately 338 children). Meanwhile the 5-12 cohort currently amounts to 373. While growth has been positive birth rates observed in the area have been moderate, with approximately 9.9 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area within the middle tier nationally.