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 Wakeley, accounting for 9.4% (139 households). This share was higher than Fairfield (C) (7.9%).

Section overview

Weekly household income

Wakeley - Total households (Enumerated)

This table summarises household income for Wakeley in 2021 for persons, with comparison against Fairfield (C).

Chart view

Weekly household income snapshot

2021 distribution by category for Wakeley, with comparison markers for Fairfield (C).

Wakeley
Fairfield (C)

Negative Nil Income

2021 count

50

% of total

3.4%

1 To 149

2021 count

11

% of total

0.7%

150 To 299

2021 count

16

% of total

1.1%

300 To 399

2021 count

37

% of total

2.5%

400 To 499

2021 count

71

% of total

4.8%

500 To 649

2021 count

40

% of total

2.7%

650 To 799

2021 count

139

% of total

9.4%

800 To 999

2021 count

93

% of total

6.3%

1000 To 1249

2021 count

107

% of total

7.2%

1250 To 1499

2021 count

105

% of total

7.1%

1500 To 1749

2021 count

99

% of total

6.7%

1750 To 1999

2021 count

87

% of total

5.9%

2000 To 2499

2021 count

135

% of total

9.1%

2500 To 2999

2021 count

105

% of total

7.1%

3000 To 3499

2021 count

91

% of total

6.2%

3500 To 3999

2021 count

63

% of total

4.3%

4000 To 4499

2021 count

35

% of total

2.4%

4500 To 4999

2021 count

39

% of total

2.6%

5000 To 5999

2021 count

34

% of total

2.3%

6000 To 7999

2021 count

27

% of total

1.8%

8000 Or More

2021 count

5

% of total

0.3%

Not stated

2021 count

88

% of total

6.0%

Data table

Household income for Wakeley. Weekly household income. 2021 counts and percentages compared with Fairfield (C).

Household income for Wakeley. Weekly household income. 2021 counts and percentages compared with Fairfield (C).
Household income for Wakeley. Weekly household income. 2021 counts and percentages compared with Fairfield (C).
Category2021 count2021 %Fairfield (C) %
Negative Nil Income503.4%3.5%
1 To 149110.7%0.7%
150 To 299161.1%1.6%
300 To 399372.5%3.2%
400 To 499714.8%6.3%
500 To 649402.7%4.1%
650 To 7991399.4%7.9%
800 To 999936.3%7.3%
1000 To 12491077.2%7.9%
1250 To 14991057.1%7.8%
1500 To 1749996.7%5.7%
1750 To 1999875.9%5.4%
2000 To 24991359.1%9.5%
2500 To 29991057.1%6.7%
3000 To 3499916.2%5.0%
3500 To 3999634.3%3.2%
4000 To 4499352.4%2.0%
4500 To 4999392.6%2.1%
5000 To 5999342.3%2.0%
6000 To 7999271.8%1.3%
8000 Or More50.3%0.4%
Not stated886.0%6.5%
Total1,477100.0%100.0%