$782 ▲ +45.6%
Lower than 53% of federal electorate areas.
- 2011: $537
- 2016: $644
- 2021: $782
Median total personal income per week for people aged 15+.
Banks · Federal Electorate
Income in Banks
What people and households earn each week, and how incomes are spread.
Weekly incomes in Banks have climbed significantly since 2011, with typical family earnings rising by $757 over the decade. The area now sees higher typical incomes than most similar places, with over a quarter of households earning $3,000 or more per week.
$1,923
▲ +52.1%
- $1,000–$1,071: 0 areas
- $1,071–$1,143: 1 area
- $1,143–$1,214: 4 areas
- $1,214–$1,286: 9 areas
- $1,286–$1,357: 5 areas
- $1,357–$1,429: 7 areas
- $1,429–$1,500: 13 areas
- $1,500–$1,571: 11 areas
- $1,571–$1,643: 12 areas
- $1,643–$1,714: 11 areas
- $1,714–$1,786: 9 areas
- $1,786–$1,857: 10 areas
- $1,857–$1,929: 18 areas
- $1,929–$2,000: 8 areas
- $2,000–$2,071: 1 area
- $2,071–$2,143: 8 areas
- $2,143–$2,214: 6 areas
- $2,214–$2,286: 3 areas
- $2,286–$2,357: 6 areas
- $2,357–$2,429: 5 areas
- $2,429–$2,500: 0 areas
- $2,500–$2,571: 0 areas
- $2,571–$2,643: 1 area
- $2,643–$2,714: 2 areas
- $2,714–$2,786: 1 area
- $2,786–$2,857: 0 areas
- $2,857–$2,929: 2 areas
- $2,929–$3,000: 1 area
All federal electorate areas, 2021. The marker is Banks — higher than 70% of areas.
| Banks | $1,923 |
|---|---|
| Greater Sydney | $2,077 |
| New South Wales | $1,829 |
| Australia | $1,746 |
Typical incomes
Median personal, family and household incomes.
The typical family in Banks earns $2,228 a week, which is about the same as the New South Wales figure. Typical household income is $1,923, a little above the national figure, while personal weekly income sits at $782.
$1,923 ▲ +52.1%
Higher than 70% of federal electorate areas.
- 2011: $1,264
- 2016: $1,598
- 2021: $1,923
Median total household income per week.
$2,228 ▲ +51.5%
Higher than 64% of federal electorate areas.
- 2011: $1,471
- 2016: $1,837
- 2021: $2,228
Median total family income per week.
Income spread
High earners and the full distribution.
High earners are common here, with 26.9% of households making $3,000 or more weekly—a figure that rose 15 points since 2011 and is well above the Australian average. About 12.2% of people earn $2,000 or more each week.
12.2%
Higher than 60% of federal electorate areas.
Share of people aged 15+ with a personal income of $2,000 or more per week.
26.9%
Higher than 74% of federal electorate areas.
Share of households with a total income of $3,000 or more per week.
Household income distribution
View on map →In Banks, the largest group is $1,500–$2,999 at 31%, followed by $650–$1,499 (24%) and Under $650 (17%).
Personal income distribution
View on map →In Banks, the largest group is Under $650 at 44%, followed by $650–$1,499 (33%) and $1,500–$2,999 (19%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Banks
Cite this page
Australian Bureau of Statistics. (2021). Income in Banks [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ced/CED101/banks/topic/income