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, $400 to $499 was the most common household-income band among households in Cobden, accounting for 10.7% (80 households). This share was higher than Corangamite (S) (8.5%).

Section overview

Weekly household income

Cobden - Total households (Enumerated)

This table summarises household income for Cobden in 2021 for persons, with comparison against Corangamite (S).

Chart view

Weekly household income snapshot

2021 distribution by category for Cobden, with comparison markers for Corangamite (S).

Cobden
Corangamite (S)

Negative Nil Income

2021 count

15

% of total

2.0%

1 To 149

2021 count

5

% of total

0.7%

150 To 299

2021 count

5

% of total

0.7%

300 To 399

2021 count

23

% of total

3.1%

400 To 499

2021 count

80

% of total

10.7%

500 To 649

2021 count

50

% of total

6.7%

650 To 799

2021 count

69

% of total

9.2%

800 To 999

2021 count

50

% of total

6.7%

1000 To 1249

2021 count

68

% of total

9.1%

1250 To 1499

2021 count

57

% of total

7.6%

1500 To 1749

2021 count

46

% of total

6.1%

1750 To 1999

2021 count

30

% of total

4.0%

2000 To 2499

2021 count

63

% of total

8.4%

2500 To 2999

2021 count

47

% of total

6.3%

3000 To 3499

2021 count

28

% of total

3.7%

3500 To 3999

2021 count

18

% of total

2.4%

4000 To 4499

2021 count

4

% of total

0.5%

4500 To 4999

2021 count

13

% of total

1.7%

5000 To 5999

2021 count

4

% of total

0.5%

6000 To 7999

2021 count

3

% of total

0.4%

8000 Or More

2021 count

6

% of total

0.8%

Not stated

2021 count

64

% of total

8.6%

Data table

Household income for Cobden. Weekly household income. 2021 counts and percentages compared with Corangamite (S).

Household income for Cobden. Weekly household income. 2021 counts and percentages compared with Corangamite (S).
Household income for Cobden. Weekly household income. 2021 counts and percentages compared with Corangamite (S).
Category2021 count2021 %Corangamite (S) %
Negative Nil Income152.0%1.8%
1 To 14950.7%1.0%
150 To 29950.7%1.4%
300 To 399233.1%2.9%
400 To 4998010.7%8.5%
500 To 649506.7%4.8%
650 To 799699.2%8.1%
800 To 999506.7%8.2%
1000 To 1249689.1%8.4%
1250 To 1499577.6%7.6%
1500 To 1749466.1%5.6%
1750 To 1999304.0%5.3%
2000 To 2499638.4%9.5%
2500 To 2999476.3%5.7%
3000 To 3499283.7%4.5%
3500 To 3999182.4%2.1%
4000 To 449940.5%1.0%
4500 To 4999131.7%2.0%
5000 To 599940.5%1.0%
6000 To 799930.4%0.8%
8000 Or More60.8%0.9%
Not stated648.6%8.9%
Total748100.0%100.0%