Banksmeadow · Statistical Area 2 (SA2)

Income in Banksmeadow

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

Nearly half of all households in Banksmeadow earn between $1,500 and $2,999 a week. This is a wealthy area where typical weekly incomes for families and individuals are much higher than in most other similar places. The typical personal income here is far above the national figure.

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📍 Banksmeadow, Statistical Area 2 (SA2)

Where Banksmeadow sits — Median household income (weekly)

$2,225 ▲ +61.8%
  • $500–$607: 7 areas
  • $607–$714: 1 area
  • $714–$821: 8 areas
  • $821–$929: 26 areas
  • $929–$1,036: 69 areas
  • $1,036–$1,143: 119 areas
  • $1,143–$1,250: 181 areas
  • $1,250–$1,357: 182 areas
  • $1,357–$1,464: 220 areas
  • $1,464–$1,571: 146 areas
  • $1,571–$1,679: 154 areas
  • $1,679–$1,786: 149 areas
  • $1,786–$1,893: 158 areas
  • $1,893–$2,000: 152 areas
  • $2,000–$2,107: 188 areas
  • $2,107–$2,214: 145 areas
  • $2,214–$2,321: 129 areas
  • $2,321–$2,429: 109 areas
  • $2,429–$2,536: 56 areas
  • $2,536–$2,643: 52 areas
  • $2,643–$2,750: 31 areas
  • $2,750–$2,857: 29 areas
  • $2,857–$2,964: 18 areas
  • $2,964–$3,071: 23 areas
  • $3,071–$3,179: 19 areas
  • $3,179–$3,286: 11 areas
  • $3,286–$3,393: 10 areas
  • $3,393–$3,500: 22 areas

All statistical area 2 (sa2) areas, 2021. The marker is Banksmeadow — higher than 79% of areas.

Median household income (weekly) compared with the state and national average
Banksmeadow$2,225
2019, NSW $2,363
New South Wales $1,829
Australia $1,746

Typical incomes

Median personal, family and household incomes.

The typical person in Banksmeadow earns $1,353 a week, which is far above the national figure of $805. Typical household incomes are also much higher than most areas, having risen by $850 since 2011 to reach $2,225.

$1,353 ▲ +86.9%

Higher than 94% of statistical area 2 (sa2) areas.

  • 2011: $724
  • 2016: $1,031
  • 2021: $1,353

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

$2,225 ▲ +61.8%

Higher than 79% of statistical area 2 (sa2) areas.

  • 2011: $1,375
  • 2021: $2,225

Median total household income per week.

Income spread

High earners and the full distribution.

High earners are common here, with 19.9% of people earning $2,000 or more weekly, a figure that rose 5.6 percentage points since 2016. Similarly, 31.5% of households earn $3,000 or more a week, which is well above the New South Wales figure of 25.2%.

Household income distribution

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In Banksmeadow, the largest group is $1,500–$2,999 at 44%, followed by $650–$1,499 (18%) and $4,000 or more (15%).

Personal income distribution

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Banksmeadow splits fairly evenly between $1,500–$2,999 (36%) and $650–$1,499 (34%), with Under $650 at 22%.

Sources

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

More for Banksmeadow

Cite this page

Australian Bureau of Statistics. (2021). Income in Banksmeadow [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/117011320/banksmeadow/topic/income