3940, VIC · Postcode

Income in 3940, VIC

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

Weekly earnings have climbed across the board since 2011 in postcode 3940, though they remain far below the national figures. The typical family now earns $1,316 a week, which is much lower than most other areas. While incomes are rising, the gap between this area and the rest of the state remains wide.

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📍 3940, VIC, Postcode

Where 3940, VIC sits — Median household income (weekly)

$950 ▲ +48.2%
  • $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 3940, VIC — lower than 93% of areas.

Median household income (weekly) compared with the state and national average
3940, VIC$950
Mornington Peninsula $1,555
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

The typical household earns $950 a week, a figure that is among the lowest at this level and far below the Victorian average of $1,759. This follows a rise of $309 since 2011. Similarly, typical personal weekly incomes are well below the national figure at $558.

$558 ▲ +43.1%

Lower than 88% of postcode areas.

  • 2011: $390
  • 2016: $481
  • 2021: $558

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

$950 ▲ +48.2%

Lower than 93% of postcode areas.

  • 2011: $641
  • 2016: $786
  • 2021: $950

Median total household income per week.

$1,316 ▲ +56.1%

Lower than 88% of postcode areas.

  • 2011: $843
  • 2016: $1,098
  • 2021: $1,316

Median total family income per week.

Income spread

High earners and the full distribution.

Very few people earn high wages here, with only 4.1% making $2,000 or more a week. This is well below the Australian average of 12.5%. Over half of all residents earn under $650 a week, and only 6.3% of households earn $3,000 or more weekly.

Household income distribution

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In 3940, VIC, the largest group is $650–$1,499 at 42%, followed by Under $650 (31%) and $1,500–$2,999 (21%).

Personal income distribution

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In 3940, VIC, Under $650 is the majority at 58%; $650–$1,499 is next at 31%.

Sources

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

More for 3940, VIC

Cite this page

Australian Bureau of Statistics. (2021). Income in 3940, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3940/3940-vic/topic/income