3242, VIC · Postcode

Income in 3242, VIC

What people and households earn each week, and how incomes are spread.

A typical weekly household income of $1,521 keeps postcode 3242 around the middle for its level. While most residents earn a modest amount, there has been a noticeable rise in high-earners over the last decade. This shift is seen in the growing number of households and individuals hitting the top income brackets.

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📍 3242, VIC, Postcode

Where 3242, VIC sits — Median household income (weekly)

$1,521 ▲ +63.9%
  • $500–$589: 4 areas
  • $589–$679: 2 areas
  • $679–$768: 21 areas
  • $768–$857: 56 areas
  • $857–$946: 87 areas
  • $946–$1,036: 120 areas
  • $1,036–$1,125: 145 areas
  • $1,125–$1,214: 213 areas
  • $1,214–$1,304: 216 areas
  • $1,304–$1,393: 232 areas
  • $1,393–$1,482: 194 areas
  • $1,482–$1,571: 148 areas
  • $1,571–$1,661: 120 areas
  • $1,661–$1,750: 124 areas
  • $1,750–$1,839: 134 areas
  • $1,839–$1,929: 128 areas
  • $1,929–$2,018: 115 areas
  • $2,018–$2,107: 110 areas
  • $2,107–$2,196: 115 areas
  • $2,196–$2,286: 71 areas
  • $2,286–$2,375: 62 areas
  • $2,375–$2,464: 50 areas
  • $2,464–$2,554: 37 areas
  • $2,554–$2,643: 23 areas
  • $2,643–$2,732: 18 areas
  • $2,732–$2,821: 18 areas
  • $2,821–$2,911: 17 areas
  • $2,911–$3,000: 56 areas

All postcode areas, 2021. The marker is 3242, VIC — higher than 50% of areas.

Median household income (weekly) compared with the state and national average
3242, VIC$1,521
Colac Otway $1,277
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

The typical family earns $1,914 a week, which is a little below the Victorian figure of $2,136. Personal incomes are about the same as the national figure, while typical household pay rose by $593 since 2011.

$782 ▲ +51.3%

Higher than 57% of postcode areas.

  • 2011: $517
  • 2016: $639
  • 2021: $782

Median total personal income per week for people aged 15+.

$1,521 ▲ +63.9%

Higher than 50% of postcode areas.

  • 2011: $928
  • 2016: $1,181
  • 2021: $1,521

Median total household income per week.

$1,914 ▲ +56.4%

Higher than 52% of postcode areas.

  • 2011: $1,224
  • 2016: $1,537
  • 2021: $1,914

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are less common here than in the rest of Australia, with only 15.4% of households earning $3,000 or more a week. However, this is a significant increase from the 2% recorded in 2011.

Household income distribution

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In 3242, VIC, the largest group is $1,500–$2,999 at 36%, followed by $650–$1,499 (30%) and Under $650 (17%).

Personal income distribution

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3242, VIC splits fairly evenly between Under $650 (41%) and $650–$1,499 (37%), with $1,500–$2,999 at 18%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 3242, VIC

Cite this page

Australian Bureau of Statistics. (2021). Income in 3242, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3242/3242-vic/topic/income