3407, VIC · Postcode

Income in 3407, VIC

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

Lower than most similar areas, typical incomes in postcode 3407 sit well below state and national figures. While the typical family earns $1,652 a week, there has been a notable shift toward higher earnings since 2011. This change is seen in the growing number of households and individuals reaching the highest income brackets.

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📍 3407, VIC, Postcode

Where 3407, VIC sits — Median household income (weekly)

$1,336 ▲ +51.1%
  • $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 3407, VIC — lower than 64% of areas.

Median household income (weekly) compared with the state and national average
3407, VIC$1,336
Southern Grampians $1,261
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

The typical family earns $1,652 a week, which is well below the Victorian figure of $2,136. Household income is also much lower than the national figure, though personal weekly income of $743 is about the same as the rest of the country.

$743 ▲ +42.3%

Lower than 53% of postcode areas.

  • 2011: $522
  • 2016: $541
  • 2021: $743

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

$1,336 ▲ +51.1%

Lower than 64% of postcode areas.

  • 2011: $884
  • 2016: $1,021
  • 2021: $1,336

Median total household income per week.

$1,652 ▲ +41.1%

Lower than 66% of postcode areas.

  • 2011: $1,171
  • 2016: $1,273
  • 2021: $1,652

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are becoming more common, with those earning $2,000 or more a week rising to 11.2% since 2011. Despite this growth, the share of households earning $3,000 or more remains well below the national figure of 22.6%.

Household income distribution

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In 3407, VIC, the largest group is $650–$1,499 at 35%, followed by $1,500–$2,999 (28%) and Under $650 (19%).

Personal income distribution

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In 3407, VIC, the largest group is Under $650 at 43%, followed by $650–$1,499 (34%) and $1,500–$2,999 (17%).

Sources

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

More for 3407, VIC

Cite this page

Australian Bureau of Statistics. (2021). Income in 3407, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3407/3407-vic/topic/income