Income
Individual Income
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.
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
1 To 149
150 To 299
300 To 399
400 To 499
500 To 649
650 To 799
800 To 999
1000 To 1249
1250 To 1499
1500 To 1749
1750 To 1999
2000 To 2999
3000 To 3499
3500 Or More
Not Stated
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% |