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 Penola, accounting for 11.2% (75 households). This share was higher than Wattle Range (DC) (9.2%).

Section overview

Weekly household income

Penola - Total households (Enumerated)

This table summarises household income for Penola in 2021 for persons, with comparison against Wattle Range (DC).

Chart view

Weekly household income snapshot

2021 distribution by category for Penola, with comparison markers for Wattle Range (DC).

Penola
Wattle Range (DC)

Negative Nil Income

2021 count

19

% of total

2.8%

1 To 149

2021 count

5

% of total

0.7%

150 To 299

2021 count

5

% of total

0.7%

300 To 399

2021 count

20

% of total

3.0%

400 To 499

2021 count

45

% of total

6.7%

500 To 649

2021 count

43

% of total

6.4%

650 To 799

2021 count

36

% of total

5.4%

800 To 999

2021 count

53

% of total

7.9%

1000 To 1249

2021 count

51

% of total

7.6%

1250 To 1499

2021 count

65

% of total

9.7%

1500 To 1749

2021 count

36

% of total

5.4%

1750 To 1999

2021 count

34

% of total

5.1%

2000 To 2499

2021 count

75

% of total

11.2%

2500 To 2999

2021 count

32

% of total

4.8%

3000 To 3499

2021 count

30

% of total

4.5%

3500 To 3999

2021 count

19

% of total

2.8%

4000 To 4499

2021 count

5

% of total

0.7%

4500 To 4999

2021 count

14

% of total

2.1%

5000 To 5999

2021 count

8

% of total

1.2%

6000 To 7999

2021 count

8

% of total

1.2%

8000 Or More

2021 count

8

% of total

1.2%

Not stated

2021 count

57

% of total

8.5%

Data table

Household income for Penola. Weekly household income. 2021 counts and percentages compared with Wattle Range (DC).

Household income for Penola. Weekly household income. 2021 counts and percentages compared with Wattle Range (DC).
Household income for Penola. Weekly household income. 2021 counts and percentages compared with Wattle Range (DC).
Category2021 count2021 %Wattle Range (DC) %
Negative Nil Income192.8%2.0%
1 To 14950.7%0.9%
150 To 29950.7%1.8%
300 To 399203.0%3.6%
400 To 499456.7%9.1%
500 To 649436.4%5.9%
650 To 799365.4%8.6%
800 To 999537.9%8.5%
1000 To 1249517.6%7.8%
1250 To 1499659.7%8.2%
1500 To 1749365.4%5.5%
1750 To 1999345.1%5.5%
2000 To 24997511.2%9.2%
2500 To 2999324.8%5.2%
3000 To 3499304.5%3.6%
3500 To 3999192.8%1.9%
4000 To 449950.7%0.8%
4500 To 4999142.1%1.7%
5000 To 599981.2%0.7%
6000 To 799981.2%0.6%
8000 Or More81.2%0.6%
Not stated578.5%8.5%
Total668100.0%100.0%