Albert Park · Suburb / Locality

Income in Albert Park

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

High earners dominate the local economy in Albert Park, where typical weekly family incomes reach $3,830. This is far above the national figure, making it one of the wealthiest areas in the region. Such significant wealth is reflected in both household and personal earnings across the suburb.

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📍 Albert Park, Suburb / Locality

Where Albert Park sits — Median household income (weekly)

$2,533 ▲ +27.9%
  • $500–$607: 251 areas
  • $607–$714: 144 areas
  • $714–$821: 425 areas
  • $821–$929: 720 areas
  • $929–$1,036: 656 areas
  • $1,036–$1,143: 1059 areas
  • $1,143–$1,250: 924 areas
  • $1,250–$1,357: 1035 areas
  • $1,357–$1,464: 1449 areas
  • $1,464–$1,571: 885 areas
  • $1,571–$1,679: 1023 areas
  • $1,679–$1,786: 697 areas
  • $1,786–$1,893: 1085 areas
  • $1,893–$2,000: 633 areas
  • $2,000–$2,107: 664 areas
  • $2,107–$2,214: 622 areas
  • $2,214–$2,321: 678 areas
  • $2,321–$2,429: 379 areas
  • $2,429–$2,536: 214 areas
  • $2,536–$2,643: 221 areas
  • $2,643–$2,750: 148 areas
  • $2,750–$2,857: 192 areas
  • $2,857–$2,964: 80 areas
  • $2,964–$3,071: 82 areas
  • $3,071–$3,179: 72 areas
  • $3,179–$3,286: 96 areas
  • $3,286–$3,393: 32 areas
  • $3,393–$3,500: 211 areas

All suburb / locality areas, 2021. The marker is Albert Park — higher than 90% of areas.

Median household income (weekly) compared with the state and national average
Albert Park$2,533
3206, VIC $2,659
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

Typical weekly household income is $2,533, which is well above the Victorian figure of $1,759. This trend extends to individuals, with a typical weekly personal income of $1,333, far above the same figure for the rest of Australia.

$1,333 ▲ +32.0%

Higher than 94% of suburb / locality areas.

  • 2011: $1,010
  • 2016: $1,154
  • 2021: $1,333

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

$2,533 ▲ +27.9%

Higher than 90% of suburb / locality areas.

  • 2011: $1,981
  • 2016: $2,263
  • 2021: $2,533

Median total household income per week.

$3,830 ▲ +42.5%

Higher than 99% of suburb / locality areas.

  • 2011: $2,688
  • 2016: $3,376
  • 2021: $3,830

Median total family income per week.

Income spread

High earners and the full distribution.

Wealth is concentrated here, with 43.7% of households earning $3,000 or more a week—far above the national figure of 22.6%. Similarly, 33.3% of people earn $2,000 or more weekly, which is far above the 12.5% seen across Australia.

Household income distribution

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In Albert Park, the largest group is $4,000 or more at 36%, followed by $1,500–$2,999 (21%) and $650–$1,499 (18%).

Personal income distribution

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In Albert Park, the largest group is Under $650 at 32%, followed by $3,000 or more (23%) and $1,500–$2,999 (23%).

Sources

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

More for Albert Park

Cite this page

Australian Bureau of Statistics. (2021). Income in Albert Park [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20018/albert-park/topic/income