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 Failford, accounting for 12.9% (36 households). This share was higher than Mid-Coast (A) (10.5%).

Section overview

Weekly household income

Failford - Total households (Enumerated)

This table summarises household income for Failford in 2021 for persons, with comparison against Mid-Coast (A).

Chart view

Weekly household income snapshot

2021 distribution by category for Failford, with comparison markers for Mid-Coast (A).

Failford
Mid-Coast (A)

Negative Nil Income

2021 count

6

% of total

2.2%

1 To 149

2021 count

-

% of total

-

150 To 299

2021 count

6

% of total

2.2%

300 To 399

2021 count

11

% of total

3.9%

400 To 499

2021 count

18

% of total

6.5%

500 To 649

2021 count

26

% of total

9.3%

650 To 799

2021 count

36

% of total

12.9%

800 To 999

2021 count

22

% of total

7.9%

1000 To 1249

2021 count

23

% of total

8.2%

1250 To 1499

2021 count

18

% of total

6.5%

1500 To 1749

2021 count

16

% of total

5.7%

1750 To 1999

2021 count

10

% of total

3.6%

2000 To 2499

2021 count

22

% of total

7.9%

2500 To 2999

2021 count

14

% of total

5.0%

3000 To 3499

2021 count

8

% of total

2.9%

3500 To 3999

2021 count

5

% of total

1.8%

4000 To 4499

2021 count

9

% of total

3.2%

4500 To 4999

2021 count

10

% of total

3.6%

5000 To 5999

2021 count

-

% of total

-

6000 To 7999

2021 count

-

% of total

-

8000 Or More

2021 count

-

% of total

-

Not stated

2021 count

19

% of total

6.8%

Data table

Household income for Failford. Weekly household income. 2021 counts and percentages compared with Mid-Coast (A).

Household income for Failford. Weekly household income. 2021 counts and percentages compared with Mid-Coast (A).
Household income for Failford. Weekly household income. 2021 counts and percentages compared with Mid-Coast (A).
Category2021 count2021 %Mid-Coast (A) %
Negative Nil Income62.2%2.0%
1 To 149--1.0%
150 To 29962.2%1.6%
300 To 399113.9%3.3%
400 To 499186.5%9.7%
500 To 649269.3%6.6%
650 To 7993612.9%10.5%
800 To 999227.9%8.8%
1000 To 1249238.2%9.0%
1250 To 1499186.5%8.4%
1500 To 1749165.7%5.1%
1750 To 1999103.6%4.8%
2000 To 2499227.9%7.9%
2500 To 2999145.0%4.4%
3000 To 349982.9%3.1%
3500 To 399951.8%1.7%
4000 To 449993.2%0.8%
4500 To 4999103.6%1.6%
5000 To 5999--0.8%
6000 To 7999--0.6%
8000 Or More--0.5%
Not stated196.8%8.0%
Total279100.0%100.0%