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 Colac-Otway (S), accounting for 10.6% (969 households). This share was similar to Regional Vic. (10.4%).
Section overview
Weekly household income
Colac-Otway (S) - Total households (Enumerated)
This table summarises household income for Colac-Otway (S) in 2021 for persons, with comparison against Regional Vic..
Chart view
Weekly household income snapshot
2021 distribution by category for Colac-Otway (S), with comparison markers for Regional Vic..
Negative Nil Income
2021 count
179
% of total
2.0%
179
2.0%
1 To 149
2021 count
85
% of total
0.9%
85
0.9%
150 To 299
2021 count
158
% of total
1.7%
158
1.7%
300 To 399
2021 count
277
% of total
3.0%
277
3.0%
400 To 499
2021 count
735
% of total
8.0%
735
8.0%
500 To 649
2021 count
490
% of total
5.3%
490
5.3%
650 To 799
2021 count
669
% of total
7.3%
669
7.3%
800 To 999
2021 count
751
% of total
8.2%
751
8.2%
1000 To 1249
2021 count
789
% of total
8.6%
789
8.6%
1250 To 1499
2021 count
722
% of total
7.9%
722
7.9%
1500 To 1749
2021 count
502
% of total
5.5%
502
5.5%
1750 To 1999
2021 count
530
% of total
5.8%
530
5.8%
2000 To 2499
2021 count
969
% of total
10.6%
969
10.6%
2500 To 2999
2021 count
530
% of total
5.8%
530
5.8%
3000 To 3499
2021 count
394
% of total
4.3%
394
4.3%
3500 To 3999
2021 count
196
% of total
2.1%
196
2.1%
4000 To 4499
2021 count
101
% of total
1.1%
101
1.1%
4500 To 4999
2021 count
180
% of total
2.0%
180
2.0%
5000 To 5999
2021 count
92
% of total
1.0%
92
1.0%
6000 To 7999
2021 count
83
% of total
0.9%
83
0.9%
8000 Or More
2021 count
55
% of total
0.6%
55
0.6%
Not stated
2021 count
672
% of total
7.3%
672
7.3%
Data table
Household income for Colac-Otway (S). Weekly household income. 2021 counts and percentages compared with Regional Vic..
| Category | 2021 count | 2021 % | Regional Vic. % |
|---|---|---|---|
| Negative Nil Income | 179 | 2.0% | 1.7% |
| 1 To 149 | 85 | 0.9% | 0.7% |
| 150 To 299 | 158 | 1.7% | 1.4% |
| 300 To 399 | 277 | 3.0% | 2.7% |
| 400 To 499 | 735 | 8.0% | 7.5% |
| 500 To 649 | 490 | 5.3% | 5.3% |
| 650 To 799 | 669 | 7.3% | 7.4% |
| 800 To 999 | 751 | 8.2% | 7.4% |
| 1000 To 1249 | 789 | 8.6% | 7.9% |
| 1250 To 1499 | 722 | 7.9% | 7.7% |
| 1500 To 1749 | 502 | 5.5% | 5.6% |
| 1750 To 1999 | 530 | 5.8% | 5.5% |
| 2000 To 2499 | 969 | 10.6% | 10.4% |
| 2500 To 2999 | 530 | 5.8% | 6.5% |
| 3000 To 3499 | 394 | 4.3% | 5.0% |
| 3500 To 3999 | 196 | 2.1% | 2.8% |
| 4000 To 4499 | 101 | 1.1% | 1.5% |
| 4500 To 4999 | 180 | 2.0% | 2.5% |
| 5000 To 5999 | 92 | 1.0% | 1.5% |
| 6000 To 7999 | 83 | 0.9% | 1.1% |
| 8000 Or More | 55 | 0.6% | 0.5% |
| Not stated | 672 | 7.3% | 7.4% |
| Total | 9,159 | 100.0% | 100.0% |