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, $2,000 to $2,499 was the most common household-income band among households in Inverell, accounting for 9.6% (649 households). This share was lower than Regional NSW (10.3%).

Section overview

Weekly household income

Inverell - Total households (Enumerated)

This table summarises household income for Inverell in 2021 for persons, with comparison against Regional NSW.

Chart view

Weekly household income snapshot

2021 distribution by category for Inverell, with comparison markers for Regional NSW.

Inverell
Regional NSW

Negative Nil Income

2021 count

139

% of total

2.1%

1 To 149

2021 count

54

% of total

0.8%

150 To 299

2021 count

118

% of total

1.7%

300 To 399

2021 count

225

% of total

3.3%

400 To 499

2021 count

614

% of total

9.1%

500 To 649

2021 count

376

% of total

5.5%

650 To 799

2021 count

623

% of total

9.2%

800 To 999

2021 count

605

% of total

8.9%

1000 To 1249

2021 count

542

% of total

8.0%

1250 To 1499

2021 count

565

% of total

8.3%

1500 To 1749

2021 count

369

% of total

5.4%

1750 To 1999

2021 count

375

% of total

5.5%

2000 To 2499

2021 count

649

% of total

9.6%

2500 To 2999

2021 count

310

% of total

4.6%

3000 To 3499

2021 count

238

% of total

3.5%

3500 To 3999

2021 count

146

% of total

2.2%

4000 To 4499

2021 count

67

% of total

1.0%

4500 To 4999

2021 count

84

% of total

1.2%

5000 To 5999

2021 count

43

% of total

0.6%

6000 To 7999

2021 count

27

% of total

0.4%

8000 Or More

2021 count

31

% of total

0.5%

Not stated

2021 count

577

% of total

8.5%

Data table

Household income for Inverell. Weekly household income. 2021 counts and percentages compared with Regional NSW.

Household income for Inverell. Weekly household income. 2021 counts and percentages compared with Regional NSW.
Household income for Inverell. Weekly household income. 2021 counts and percentages compared with Regional NSW.
Category2021 count2021 %Regional NSW %
Negative Nil Income1392.1%1.7%
1 To 149540.8%0.7%
150 To 2991181.7%1.4%
300 To 3992253.3%2.6%
400 To 4996149.1%7.3%
500 To 6493765.5%5.1%
650 To 7996239.2%7.3%
800 To 9996058.9%7.0%
1000 To 12495428.0%7.7%
1250 To 14995658.3%7.5%
1500 To 17493695.4%5.4%
1750 To 19993755.5%5.3%
2000 To 24996499.6%10.3%
2500 To 29993104.6%6.5%
3000 To 34992383.5%5.3%
3500 To 39991462.2%3.2%
4000 To 4499671.0%1.7%
4500 To 4999841.2%2.8%
5000 To 5999430.6%1.8%
6000 To 7999270.4%1.4%
8000 Or More310.5%0.6%
Not stated5778.5%7.4%
Total6,777100.0%100.0%