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, $650 to $799 was the most common household-income band among households in Timboon, accounting for 10.5% (53 households). This share was higher than Corangamite (S) (8.1%).

Section overview

Weekly household income

Timboon - Total households (Enumerated)

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

Chart view

Weekly household income snapshot

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

Timboon
Corangamite (S)

Negative Nil Income

2021 count

7

% of total

1.4%

1 To 149

2021 count

6

% of total

1.2%

150 To 299

2021 count

9

% of total

1.8%

300 To 399

2021 count

17

% of total

3.4%

400 To 499

2021 count

29

% of total

5.7%

500 To 649

2021 count

15

% of total

3.0%

650 To 799

2021 count

53

% of total

10.5%

800 To 999

2021 count

39

% of total

7.7%

1000 To 1249

2021 count

52

% of total

10.3%

1250 To 1499

2021 count

46

% of total

9.1%

1500 To 1749

2021 count

28

% of total

5.5%

1750 To 1999

2021 count

28

% of total

5.5%

2000 To 2499

2021 count

43

% of total

8.5%

2500 To 2999

2021 count

20

% of total

3.9%

3000 To 3499

2021 count

23

% of total

4.5%

3500 To 3999

2021 count

9

% of total

1.8%

4000 To 4499

2021 count

4

% of total

0.8%

4500 To 4999

2021 count

17

% of total

3.4%

5000 To 5999

2021 count

6

% of total

1.2%

6000 To 7999

2021 count

5

% of total

1.0%

8000 Or More

2021 count

-

% of total

-

Not stated

2021 count

51

% of total

10.1%

Data table

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

Household income for Timboon. Weekly household income. 2021 counts and percentages compared with Corangamite (S).
Household income for Timboon. Weekly household income. 2021 counts and percentages compared with Corangamite (S).
Category2021 count2021 %Corangamite (S) %
Negative Nil Income71.4%1.8%
1 To 14961.2%1.0%
150 To 29991.8%1.4%
300 To 399173.4%2.9%
400 To 499295.7%8.5%
500 To 649153.0%4.8%
650 To 7995310.5%8.1%
800 To 999397.7%8.2%
1000 To 12495210.3%8.4%
1250 To 1499469.1%7.6%
1500 To 1749285.5%5.6%
1750 To 1999285.5%5.3%
2000 To 2499438.5%9.5%
2500 To 2999203.9%5.7%
3000 To 3499234.5%4.5%
3500 To 399991.8%2.1%
4000 To 449940.8%1.0%
4500 To 4999173.4%2.0%
5000 To 599961.2%1.0%
6000 To 799951.0%0.8%
8000 Or More--0.9%
Not stated5110.1%8.9%
Total507100.0%100.0%