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, $6,000 to $7,999 was the most common household-income band among households in Castle Cove, accounting for 10.7% (97 households). This share was higher than Willoughby (C) (8.2%).

Section overview

Weekly household income

Castle Cove - Total households (Enumerated)

This table summarises household income for Castle Cove in 2021 for persons, with comparison against Willoughby (C).

Chart view

Weekly household income snapshot

2021 distribution by category for Castle Cove, with comparison markers for Willoughby (C).

Castle Cove
Willoughby (C)

Negative Nil Income

2021 count

19

% of total

2.1%

1 To 149

2021 count

4

% of total

0.4%

150 To 299

2021 count

7

% of total

0.8%

300 To 399

2021 count

11

% of total

1.2%

400 To 499

2021 count

13

% of total

1.4%

500 To 649

2021 count

17

% of total

1.9%

650 To 799

2021 count

20

% of total

2.2%

800 To 999

2021 count

25

% of total

2.8%

1000 To 1249

2021 count

39

% of total

4.3%

1250 To 1499

2021 count

40

% of total

4.4%

1500 To 1749

2021 count

38

% of total

4.2%

1750 To 1999

2021 count

32

% of total

3.5%

2000 To 2499

2021 count

63

% of total

7.0%

2500 To 2999

2021 count

53

% of total

5.8%

3000 To 3499

2021 count

51

% of total

5.6%

3500 To 3999

2021 count

50

% of total

5.5%

4000 To 4499

2021 count

18

% of total

2.0%

4500 To 4999

2021 count

84

% of total

9.3%

5000 To 5999

2021 count

80

% of total

8.8%

6000 To 7999

2021 count

97

% of total

10.7%

8000 Or More

2021 count

80

% of total

8.8%

Not stated

2021 count

65

% of total

7.2%

Data table

Household income for Castle Cove. Weekly household income. 2021 counts and percentages compared with Willoughby (C).

Household income for Castle Cove. Weekly household income. 2021 counts and percentages compared with Willoughby (C).
Household income for Castle Cove. Weekly household income. 2021 counts and percentages compared with Willoughby (C).
Category2021 count2021 %Willoughby (C) %
Negative Nil Income192.1%2.5%
1 To 14940.4%0.8%
150 To 29970.8%1.1%
300 To 399111.2%1.4%
400 To 499131.4%3.0%
500 To 649171.9%2.5%
650 To 799202.2%3.0%
800 To 999252.8%3.5%
1000 To 1249394.3%4.7%
1250 To 1499404.4%5.0%
1500 To 1749384.2%4.4%
1750 To 1999323.5%4.6%
2000 To 2499637.0%10.5%
2500 To 2999535.8%5.5%
3000 To 3499515.6%6.5%
3500 To 3999505.5%4.3%
4000 To 4499182.0%2.6%
4500 To 4999849.3%9.4%
5000 To 5999808.8%6.5%
6000 To 79999710.7%8.2%
8000 Or More808.8%4.9%
Not stated657.2%5.2%
Total906100.0%100.0%