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 Collingwood (Vic.), accounting for 13.8% (625 households). This share was higher than Yarra (C) (12.3%).

Section overview

Weekly household income

Collingwood (Vic.) - Total households (Enumerated)

This table summarises household income for Collingwood (Vic.) in 2021 for persons, with comparison against Yarra (C).

Chart view

Weekly household income snapshot

2021 distribution by category for Collingwood (Vic.), with comparison markers for Yarra (C).

Collingwood (Vic.)
Yarra (C)

Negative Nil Income

2021 count

85

% of total

1.9%

1 To 149

2021 count

22

% of total

0.5%

150 To 299

2021 count

107

% of total

2.4%

300 To 399

2021 count

152

% of total

3.3%

400 To 499

2021 count

200

% of total

4.4%

500 To 649

2021 count

114

% of total

2.5%

650 To 799

2021 count

168

% of total

3.7%

800 To 999

2021 count

190

% of total

4.2%

1000 To 1249

2021 count

212

% of total

4.7%

1250 To 1499

2021 count

251

% of total

5.5%

1500 To 1749

2021 count

237

% of total

5.2%

1750 To 1999

2021 count

257

% of total

5.7%

2000 To 2499

2021 count

625

% of total

13.8%

2500 To 2999

2021 count

266

% of total

5.9%

3000 To 3499

2021 count

358

% of total

7.9%

3500 To 3999

2021 count

227

% of total

5.0%

4000 To 4499

2021 count

112

% of total

2.5%

4500 To 4999

2021 count

372

% of total

8.2%

5000 To 5999

2021 count

135

% of total

3.0%

6000 To 7999

2021 count

170

% of total

3.7%

8000 Or More

2021 count

43

% of total

0.9%

Not stated

2021 count

239

% of total

5.3%

Data table

Household income for Collingwood (Vic.). Weekly household income. 2021 counts and percentages compared with Yarra (C).

Household income for Collingwood (Vic.). Weekly household income. 2021 counts and percentages compared with Yarra (C).
Household income for Collingwood (Vic.). Weekly household income. 2021 counts and percentages compared with Yarra (C).
Category2021 count2021 %Yarra (C) %
Negative Nil Income851.9%1.5%
1 To 149220.5%0.6%
150 To 2991072.4%1.3%
300 To 3991523.3%2.5%
400 To 4992004.4%4.0%
500 To 6491142.5%2.7%
650 To 7991683.7%3.3%
800 To 9991904.2%3.9%
1000 To 12492124.7%5.0%
1250 To 14992515.5%5.5%
1500 To 17492375.2%5.1%
1750 To 19992575.7%5.3%
2000 To 249962513.8%12.3%
2500 To 29992665.9%6.0%
3000 To 34993587.9%7.3%
3500 To 39992275.0%4.6%
4000 To 44991122.5%2.8%
4500 To 49993728.2%8.4%
5000 To 59991353.0%4.7%
6000 To 79991703.7%5.8%
8000 Or More430.9%2.0%
Not stated2395.3%5.5%
Total4,542100.0%100.0%