Income
Individual income
About this topic
Individual income shows the gross amount of personal income usually received by people aged 15 years and over. It includes wages, salaries, government payments, and other income reported in the Census.
This topic is useful for understanding the distribution of personal incomes across an area, but it is a point-in-time snapshot rather than a measure of wealth. The dollar ranges are presented for the latest Census year only, so quartile-based income topics are better for comparing income profiles over time.
Interpretation notes
- Total personal income is weekly gross income usually received by people aged 15 years and over.
- Income is not the same as wealth, and fixed dollar ranges are less reliable for over-time comparison because prices and wages change.
Key insight
In 2021, 400 To 499 was the most common category among residents aged 15 and over in Terang (part), accounting for 13.5% (255 people). This share was higher than Corangamite (S) (10.8%).
Section overview
Weekly individual income
Terang (part) - Persons aged 15+ (Usual residence)
This table summarises individual income for Terang (part) in 2021 for persons, with comparison against Corangamite (S).
Chart view
Weekly individual income snapshot
2021 distribution by category for Terang (part), with comparison markers for Corangamite (S).
Negative Nil Income
2021 count
118
% of total
6.2%
118
6.2%
1 To 149
2021 count
55
% of total
2.9%
55
2.9%
150 To 299
2021 count
110
% of total
5.8%
110
5.8%
300 To 399
2021 count
185
% of total
9.8%
185
9.8%
400 To 499
2021 count
255
% of total
13.5%
255
13.5%
500 To 649
2021 count
147
% of total
7.8%
147
7.8%
650 To 799
2021 count
152
% of total
8.0%
152
8.0%
800 To 999
2021 count
188
% of total
10.0%
188
10.0%
1000 To 1249
2021 count
199
% of total
10.5%
199
10.5%
1250 To 1499
2021 count
129
% of total
6.8%
129
6.8%
1500 To 1749
2021 count
87
% of total
4.6%
87
4.6%
1750 To 1999
2021 count
29
% of total
1.5%
29
1.5%
2000 To 2999
2021 count
52
% of total
2.8%
52
2.8%
3000 To 3499
2021 count
9
% of total
0.5%
9
0.5%
3500 Or More
2021 count
18
% of total
1.0%
18
1.0%
Not Stated
2021 count
156
% of total
8.3%
156
8.3%
Data table
Individual income for Terang (part). Weekly individual income. 2021 counts and percentages compared with Corangamite (S).
| Category | 2021 count | 2021 % | Corangamite (S) % |
|---|---|---|---|
| Negative Nil Income | 118 | 6.2% | 6.3% |
| 1 To 149 | 55 | 2.9% | 3.3% |
| 150 To 299 | 110 | 5.8% | 5.4% |
| 300 To 399 | 185 | 9.8% | 8.8% |
| 400 To 499 | 255 | 13.5% | 10.8% |
| 500 To 649 | 147 | 7.8% | 8.4% |
| 650 To 799 | 152 | 8.0% | 8.3% |
| 800 To 999 | 188 | 10.0% | 8.8% |
| 1000 To 1249 | 199 | 10.5% | 9.6% |
| 1250 To 1499 | 129 | 6.8% | 6.1% |
| 1500 To 1749 | 87 | 4.6% | 5.0% |
| 1750 To 1999 | 29 | 1.5% | 2.8% |
| 2000 To 2999 | 52 | 2.8% | 4.0% |
| 3000 To 3499 | 9 | 0.5% | 0.9% |
| 3500 Or More | 18 | 1.0% | 1.8% |
| Not Stated | 156 | 8.3% | 9.7% |
| Total | 1,889 | 100.0% | 100.0% |