Income

Household income

About this topic

Household income shows the combined gross income reported for households. Because households are the common economic unit for sharing housing and living costs, this topic is widely used in socio-economic analysis.

This topic helps indicate economic resources, but income is not the same as wealth and can be strongly affected by household composition, retirement, and labour force participation. The dollar ranges are shown for the latest Census year only, so household income quartiles are more suitable for comparisons over time.

Interpretation notes

  • Total household income combines gross weekly income reported for the household and is affected by how many people contribute income.
  • Because it is not adjusted for household size or composition, it should not be treated as a direct measure of living standards.

Key insight

In 2021, $2,000 to $2,499 was the most common household-income band among households in Albany, accounting for 9.6% (60 households). This share was lower than Albany (C) (10.2%).

Section overview

Weekly household income

Albany - Total households (Enumerated)

This table summarises household income for Albany in 2021 for persons, with comparison against Albany (C).

Chart view

Weekly household income snapshot

2021 distribution by category for Albany, with comparison markers for Albany (C).

Albany
Albany (C)

Negative Nil Income

2021 count

12

% of total

1.9%

1 To 149

2021 count

11

% of total

1.8%

150 To 299

2021 count

14

% of total

2.3%

300 To 399

2021 count

23

% of total

3.7%

400 To 499

2021 count

43

% of total

6.9%

500 To 649

2021 count

39

% of total

6.3%

650 To 799

2021 count

36

% of total

5.8%

800 To 999

2021 count

48

% of total

7.7%

1000 To 1249

2021 count

43

% of total

6.9%

1250 To 1499

2021 count

51

% of total

8.2%

1500 To 1749

2021 count

24

% of total

3.9%

1750 To 1999

2021 count

34

% of total

5.5%

2000 To 2499

2021 count

60

% of total

9.6%

2500 To 2999

2021 count

28

% of total

4.5%

3000 To 3499

2021 count

19

% of total

3.1%

3500 To 3999

2021 count

19

% of total

3.1%

4000 To 4499

2021 count

7

% of total

1.1%

4500 To 4999

2021 count

25

% of total

4.0%

5000 To 5999

2021 count

6

% of total

1.0%

6000 To 7999

2021 count

9

% of total

1.4%

8000 Or More

2021 count

7

% of total

1.1%

Not stated

2021 count

64

% of total

10.3%

Data table

Household income for Albany. Weekly household income. 2021 counts and percentages compared with Albany (C).

Household income for Albany. Weekly household income. 2021 counts and percentages compared with Albany (C).
Household income for Albany. Weekly household income. 2021 counts and percentages compared with Albany (C).
Category2021 count2021 %Albany (C) %
Negative Nil Income121.9%1.6%
1 To 149111.8%0.9%
150 To 299142.3%1.5%
300 To 399233.7%2.7%
400 To 499436.9%7.3%
500 To 649396.3%5.9%
650 To 799365.8%7.6%
800 To 999487.7%7.0%
1000 To 1249436.9%8.0%
1250 To 1499518.2%7.6%
1500 To 1749243.9%5.7%
1750 To 1999345.5%5.3%
2000 To 2499609.6%10.2%
2500 To 2999284.5%6.4%
3000 To 3499193.1%4.8%
3500 To 3999193.1%2.6%
4000 To 449971.1%1.3%
4500 To 4999254.0%2.2%
5000 To 599961.0%1.3%
6000 To 799991.4%0.7%
8000 Or More71.1%0.5%
Not stated6410.3%9.0%
Total622100.0%100.0%