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, $4,500 to $4,999 was the most common household-income band among households in Balmain, accounting for 12.4% (559 households). This share was higher than Inner West (A) (8%).

Section overview

Weekly household income

Balmain - Total households (Enumerated)

This table summarises household income for Balmain in 2021 for persons, with comparison against Inner West (A).

Chart view

Weekly household income snapshot

2021 distribution by category for Balmain, with comparison markers for Inner West (A).

Balmain
Inner West (A)

Negative Nil Income

2021 count

58

% of total

1.3%

1 To 149

2021 count

26

% of total

0.6%

150 To 299

2021 count

60

% of total

1.3%

300 To 399

2021 count

102

% of total

2.3%

400 To 499

2021 count

174

% of total

3.9%

500 To 649

2021 count

103

% of total

2.3%

650 To 799

2021 count

121

% of total

2.7%

800 To 999

2021 count

144

% of total

3.2%

1000 To 1249

2021 count

203

% of total

4.5%

1250 To 1499

2021 count

206

% of total

4.6%

1500 To 1749

2021 count

160

% of total

3.6%

1750 To 1999

2021 count

185

% of total

4.1%

2000 To 2499

2021 count

417

% of total

9.3%

2500 To 2999

2021 count

186

% of total

4.1%

3000 To 3499

2021 count

257

% of total

5.7%

3500 To 3999

2021 count

161

% of total

3.6%

4000 To 4499

2021 count

96

% of total

2.1%

4500 To 4999

2021 count

559

% of total

12.4%

5000 To 5999

2021 count

324

% of total

7.2%

6000 To 7999

2021 count

493

% of total

11.0%

8000 Or More

2021 count

270

% of total

6.0%

Not stated

2021 count

195

% of total

4.3%

Data table

Household income for Balmain. Weekly household income. 2021 counts and percentages compared with Inner West (A).

Household income for Balmain. Weekly household income. 2021 counts and percentages compared with Inner West (A).
Household income for Balmain. Weekly household income. 2021 counts and percentages compared with Inner West (A).
Category2021 count2021 %Inner West (A) %
Negative Nil Income581.3%1.6%
1 To 149260.6%0.5%
150 To 299601.3%1.0%
300 To 3991022.3%1.9%
400 To 4991743.9%3.8%
500 To 6491032.3%2.7%
650 To 7991212.7%3.6%
800 To 9991443.2%4.0%
1000 To 12492034.5%5.2%
1250 To 14992064.6%5.7%
1500 To 17491603.6%4.9%
1750 To 19991854.1%4.9%
2000 To 24994179.3%11.4%
2500 To 29991864.1%6.0%
3000 To 34992575.7%7.0%
3500 To 39991613.6%4.9%
4000 To 4499962.1%2.9%
4500 To 499955912.4%8.0%
5000 To 59993247.2%5.5%
6000 To 799949311.0%6.9%
8000 Or More2706.0%2.7%
Not stated1954.3%4.9%
Total4,500100.0%100.0%