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 Taylors Lakes, accounting for 10.5% (524 households). This share was lower than Brimbank (C) (10.8%).

Section overview

Weekly household income

Taylors Lakes - Total households (Enumerated)

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

Chart view

Weekly household income snapshot

2021 distribution by category for Taylors Lakes, with comparison markers for Brimbank (C).

Taylors Lakes
Brimbank (C)

Negative Nil Income

2021 count

125

% of total

2.5%

1 To 149

2021 count

26

% of total

0.5%

150 To 299

2021 count

46

% of total

0.9%

300 To 399

2021 count

72

% of total

1.4%

400 To 499

2021 count

230

% of total

4.6%

500 To 649

2021 count

117

% of total

2.3%

650 To 799

2021 count

283

% of total

5.6%

800 To 999

2021 count

228

% of total

4.5%

1000 To 1249

2021 count

278

% of total

5.5%

1250 To 1499

2021 count

302

% of total

6.0%

1500 To 1749

2021 count

239

% of total

4.8%

1750 To 1999

2021 count

233

% of total

4.6%

2000 To 2499

2021 count

524

% of total

10.5%

2500 To 2999

2021 count

444

% of total

8.9%

3000 To 3499

2021 count

436

% of total

8.7%

3500 To 3999

2021 count

272

% of total

5.4%

4000 To 4499

2021 count

219

% of total

4.4%

4500 To 4999

2021 count

221

% of total

4.4%

5000 To 5999

2021 count

198

% of total

4.0%

6000 To 7999

2021 count

161

% of total

3.2%

8000 Or More

2021 count

36

% of total

0.7%

Not stated

2021 count

322

% of total

6.4%

Data table

Household income for Taylors Lakes. Weekly household income. 2021 counts and percentages compared with Brimbank (C).

Household income for Taylors Lakes. Weekly household income. 2021 counts and percentages compared with Brimbank (C).
Household income for Taylors Lakes. Weekly household income. 2021 counts and percentages compared with Brimbank (C).
Category2021 count2021 %Brimbank (C) %
Negative Nil Income1252.5%2.9%
1 To 149260.5%0.7%
150 To 299460.9%1.5%
300 To 399721.4%2.8%
400 To 4992304.6%6.3%
500 To 6491172.3%3.7%
650 To 7992835.6%6.9%
800 To 9992284.5%6.7%
1000 To 12492785.5%7.3%
1250 To 14993026.0%7.9%
1500 To 17492394.8%6.0%
1750 To 19992334.6%5.6%
2000 To 249952410.5%10.8%
2500 To 29994448.9%7.3%
3000 To 34994368.7%5.7%
3500 To 39992725.4%3.6%
4000 To 44992194.4%2.2%
4500 To 49992214.4%2.3%
5000 To 59991984.0%1.9%
6000 To 79991613.2%1.2%
8000 Or More360.7%0.3%
Not stated3226.4%6.8%
Total5,012100.0%100.0%