Toorak · Statistical Area 2 (SA2)

Income in Toorak

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

A typical family in Toorak earns $3,904 a week, a figure far above the Victorian average. This gap highlights the area's standing as one of the highest-earning places in the country. Incomes across the suburb have risen significantly since 2011.

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📍 Toorak, Statistical Area 2 (SA2)

Where Toorak sits — Median household income (weekly)

$2,538 ▲ +28.4%
  • $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 Toorak — higher than 89% of areas.

Median household income (weekly) compared with the state and national average
Toorak$2,538
3142, VIC $2,533
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

Typical weekly personal incomes are $1,428, which is far above the national figure of $805. Household incomes are also much higher than most areas, with the typical home bringing in $2,538 a week.

$1,428 ▲ +38.5%

Higher than 96% of statistical area 2 (sa2) areas.

  • 2011: $1,031
  • 2016: $1,217
  • 2021: $1,428

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

$2,538 ▲ +28.4%

Higher than 89% of statistical area 2 (sa2) areas.

  • 2011: $1,976
  • 2016: $2,313
  • 2021: $2,538

Median total household income per week.

$3,904 ▲ +42.2%

Higher than 99% of statistical area 2 (sa2) areas.

  • 2011: $2,746
  • 2016: $3,340
  • 2021: $3,904

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are common here, with 42.2% of households making $3,000 or more a week, far above the 22.6% national figure. This concentration of wealth is mirrored by the fact that nearly 33% of people earn $2,000 or more weekly.

Household income distribution

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In Toorak, the largest group is $4,000 or more at 36%, followed by $1,500–$2,999 (26%) and $650–$1,499 (18%).

Personal income distribution

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Toorak splits fairly evenly between Under $650 (27%) and $650–$1,499 (25%), with $1,500–$2,999 at 24%.

Sources

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

More for Toorak

Cite this page

Australian Bureau of Statistics. (2021). Income in Toorak [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206061138/toorak/topic/income