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 Prahran, accounting for 13.4% (845 households). This share was higher than Stonnington (C) (11.8%).

Section overview

Weekly household income

Prahran - Total households (Enumerated)

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

Chart view

Weekly household income snapshot

2021 distribution by category for Prahran, with comparison markers for Stonnington (C).

Prahran
Stonnington (C)

Negative Nil Income

2021 count

87

% of total

1.4%

1 To 149

2021 count

50

% of total

0.8%

150 To 299

2021 count

83

% of total

1.3%

300 To 399

2021 count

134

% of total

2.1%

400 To 499

2021 count

212

% of total

3.4%

500 To 649

2021 count

214

% of total

3.4%

650 To 799

2021 count

219

% of total

3.5%

800 To 999

2021 count

251

% of total

4.0%

1000 To 1249

2021 count

380

% of total

6.0%

1250 To 1499

2021 count

376

% of total

6.0%

1500 To 1749

2021 count

420

% of total

6.7%

1750 To 1999

2021 count

369

% of total

5.9%

2000 To 2499

2021 count

845

% of total

13.4%

2500 To 2999

2021 count

347

% of total

5.5%

3000 To 3499

2021 count

454

% of total

7.2%

3500 To 3999

2021 count

240

% of total

3.8%

4000 To 4499

2021 count

130

% of total

2.1%

4500 To 4999

2021 count

470

% of total

7.5%

5000 To 5999

2021 count

250

% of total

4.0%

6000 To 7999

2021 count

302

% of total

4.8%

8000 Or More

2021 count

151

% of total

2.4%

Not stated

2021 count

306

% of total

4.9%

Data table

Household income for Prahran. Weekly household income. 2021 counts and percentages compared with Stonnington (C).

Household income for Prahran. Weekly household income. 2021 counts and percentages compared with Stonnington (C).
Household income for Prahran. Weekly household income. 2021 counts and percentages compared with Stonnington (C).
Category2021 count2021 %Stonnington (C) %
Negative Nil Income871.4%2.1%
1 To 149500.8%0.7%
150 To 299831.3%1.2%
300 To 3991342.1%1.9%
400 To 4992123.4%3.4%
500 To 6492143.4%3.0%
650 To 7992193.5%3.3%
800 To 9992514.0%4.0%
1000 To 12493806.0%5.6%
1250 To 14993766.0%6.1%
1500 To 17494206.7%5.7%
1750 To 19993695.9%5.4%
2000 To 249984513.4%11.8%
2500 To 29993475.5%5.3%
3000 To 34994547.2%6.4%
3500 To 39992403.8%3.7%
4000 To 44991302.1%2.2%
4500 To 49994707.5%8.6%
5000 To 59992504.0%4.7%
6000 To 79993024.8%5.9%
8000 Or More1512.4%3.6%
Not stated3064.9%5.4%
Total6,290100.0%100.0%