$615 ▲ +15.8%
Lower than 73% of suburb / locality areas.
- 2011: $531
- 2016: $509
- 2021: $615
Median total personal income per week for people aged 15+.
Faraday · Suburb / Locality
Income in Faraday
What people and households earn each week, and how incomes are spread.
Weekly incomes are lower than most areas in Faraday, which is a key feature of the local economy. The typical family earns $1,525 a week, a figure that sits well below both the Victorian and national averages.
$1,339
▲ +36.4%
- $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 Faraday — lower than 65% of areas.
Typical incomes
Median personal, family and household incomes.
Typical household income is $1,339 per week, which is well below the Victorian figure of $1,759. This is consistent with a typical personal income of $615, which is also well below the national average.
$1,339 ▲ +36.4%
Lower than 65% of suburb / locality areas.
- 2011: $982
- 2016: $1,093
- 2021: $1,339
Median total household income per week.
$1,525 ▲ +85.1%
Lower than 72% of suburb / locality areas.
- 2011: $824
- 2016: $1,312
- 2021: $1,525
Median total family income per week.
Income spread
High earners and the full distribution.
While high-earning households are well below the state average, a surprising 15.2% of people earn $2,000 or more a week, which is much higher than most similar areas.
15.2%
Higher than 80% of suburb / locality areas.
Share of people aged 15+ with a personal income of $2,000 or more per week.
18.3%
Higher than 57% of suburb / locality areas.
Share of households with a total income of $3,000 or more per week.
Household income distribution
View on map →In Faraday, the largest group is $650–$1,499 at 35%, followed by Under $650 (24%) and $1,500–$2,999 (24%).
Personal income distribution
View on map →In Faraday, the largest group is Under $650 at 50%, followed by $650–$1,499 (25%) and $1,500–$2,999 (20%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Faraday
Cite this page
Australian Bureau of Statistics. (2021). Income in Faraday [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20907/faraday/topic/income