Income
Individual income quartiles
About this topic
Individual income quartiles group people aged 15 years and over into four evenly sized income ranges so the distribution of personal income can be compared objectively across areas and over time. The quartile method focuses on relative position in the income distribution rather than raw dollar brackets.
This topic is useful because direct income amounts are affected by inflation and wider economic change. Quartiles provide a clearer way to compare whether an area is becoming relatively lower, middle, or higher income over time.
Interpretation notes
- This is a derived distribution of personal income for people aged 15 years and over, with each quartile representing a quarter of the income distribution.
- Quartiles show relative position rather than fixed dollar brackets, which makes them more robust for comparisons over time.
Key insight
In 2021, the medium-low income quartile held the largest share among residents aged 15 and over in Springbank, accounting for 30.4%.
Section overview
Individual income quartiles
Springbank - Persons aged 15+ (Usual residence)
This table summarises individual income quartiles for Springbank in 2021 for persons, with comparison against Moorabool (S) and change since 2016.
Individual income quartiles snapshot
2021 distribution by category for Springbank, with comparison markers for Moorabool (S).
Lowest group
2021 count
22
% of total
23.9%
Change from 2016
+3.1pp
22
23.9%
+3.1pp
Medium lowest
2021 count
28
% of total
30.4%
Change from 2016
+5.9pp
28
30.4%
+5.9pp
Medium highest
2021 count
25
% of total
27.2%
Change from 2016
+1.0pp
25
27.2%
+1.0pp
Highest group
2021 count
17
% of total
18.5%
Change from 2016
-10.0pp
17
18.5%
-10.0pp
Chart view
Individual income quartiles change
Absolute change in category counts between 2016 and 2021.
Lowest group
-115
+3.1pp
Medium lowest
-134
+5.9pp
Medium highest
-148
+1.0pp
Highest group
-171
-10.0pp
Data table
Individual income quartiles for Springbank. Individual income quartiles. 2021 and 2016 counts, percentages, and change compared with Moorabool (S).
| Category | 2021 | 2016 | Change | |||||
|---|---|---|---|---|---|---|---|---|
| Count | % | Moorabool (S)% | Count | % | Moorabool (S)% | Count | pp | |
| Lowest group | 22 | 23.9% | 23.9% | 137 | 20.8% | 24.4% | -115 | +3.1pp |
| Medium lowest | 28 | 30.4% | 26.2% | 162 | 24.5% | 26.1% | -134 | +5.9pp |
| Medium highest | 25 | 27.2% | 25.7% | 173 | 26.2% | 25.3% | -148 | +1.0pp |
| Highest group | 17 | 18.5% | 24.3% | 188 | 28.5% | 24.2% | -171 | -10.0pp |
| Total persons aged 15+ | 92 | 100.0% | 100.0% | 660 | 100.0% | 100.0% | -568 | 0.0pp |