Banyan · Suburb / Locality

Income in Banyan

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

Typical weekly family incomes of $3,499 are far above the national average in Banyan. This small area sees significantly higher earnings across the board compared to both Victoria and Australia. These figures place the area among the highest earners for its size.

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📍 Banyan, Suburb / Locality

Where Banyan sits — Median household income (weekly)

$3,499
  • $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 Banyan — higher than 99% of areas.

Median household income (weekly) compared with the state and national average
Banyan$3,499
3485, VIC $876
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

Typical weekly personal income is $1,075, which is well above the national figure of $805. This strength is seen across the board, with typical household incomes reaching $3,499—far above the Victorian average of $1,759.

$1,075

Higher than 87% of suburb / locality areas.

  • 2016: $545
  • 2021: $1,075

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

$3,499

Higher than 99% of suburb / locality areas.

  • 2016: $1,437
  • 2021: $3,499

Median total household income per week.

$3,499

Higher than 97% of suburb / locality areas.

  • 2016: $1,624
  • 2021: $3,499

Median total family income per week.

Income spread

High earners and the full distribution.

The most common household income distribution is $4,000 or more at 36%, ahead of Under $650 (0%).

Household income distribution

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In Banyan, $4,000 or more is the majority at 100%.

Personal income distribution

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In Banyan, the largest group is $1,500–$2,999 at 45%, followed by Under $650 (27%) and $650–$1,499 (27%).

Sources

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

More for Banyan

Cite this page

Australian Bureau of Statistics. (2021). Income in Banyan [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20134/banyan/topic/income