Coral Bank · Suburb / Locality

Income in Coral Bank

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

Weekly earnings in Coral Bank have remained steady and strong compared to other similar areas. The typical household earns $1,812 a week, which is roughly the same as the Victorian and national figures.

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📍 Coral Bank, Suburb / Locality

Where Coral Bank sits — Median household income (weekly)

$1,812
  • $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 Coral Bank — higher than 66% of areas.

Median household income (weekly) compared with the state and national average
Coral Bank$1,812
3691 crosses VIC/NSW $2,076
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

Typical weekly incomes are higher than most areas, with families bringing in $2,083 and individuals earning $822. These figures sit about the same as the state and national averages.

$822

Higher than 62% of suburb / locality areas.

  • 2016: $466
  • 2021: $822

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

$1,812

Higher than 66% of suburb / locality areas.

  • 2016: $1,156
  • 2021: $1,812

Median total household income per week.

$2,083

Higher than 62% of suburb / locality areas.

  • 2016: $1,624
  • 2021: $2,083

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are common here, with 17.9% of people making $2,000 or more a week, which is well above the national figure of 12.5%. Meanwhile, 21.2% of households earn $3,000 or more weekly, a little below the Victorian average.

Household income distribution

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Coral Bank splits fairly evenly between $650–$1,499 (40%) and $1,500–$2,999 (37%), with $4,000 or more at 23%.

Personal income distribution

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Coral Bank splits fairly evenly between Under $650 (35%) and $650–$1,499 (31%), with $1,500–$2,999 at 30%.

Sources

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

More for Coral Bank

Cite this page

Australian Bureau of Statistics. (2021). Income in Coral Bank [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20637/coral-bank/topic/income