Princes Hill · Suburb / Locality

Income in Princes Hill

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

A typical weekly family income of $2,924 makes Princes Hill one of the wealthiest areas at this level. Most residents earn well above both the state and national figures, with a high proportion of the population in the top income brackets.

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📍 Princes Hill, Suburb / Locality

Where Princes Hill sits — Median household income (weekly)

$2,218 ▲ +35.6%
  • $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 Princes Hill — higher than 84% of areas.

Median household income (weekly) compared with the state and national average
Princes Hill$2,218
3054, VIC $2,355
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

Weekly personal income is among the highest for similar areas at $1,156, which is well above the national figure of $805. Typical households earn $2,218 a week, far exceeding the Victorian average of $1,759.

$1,156 ▲ +42.5%

Higher than 89% of suburb / locality areas.

  • 2011: $811
  • 2016: $889
  • 2021: $1,156

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

$2,218 ▲ +35.6%

Higher than 84% of suburb / locality areas.

  • 2011: $1,636
  • 2016: $1,857
  • 2021: $2,218

Median total household income per week.

$2,924 ▲ +22.4%

Higher than 90% of suburb / locality areas.

  • 2011: $2,389
  • 2016: $2,426
  • 2021: $2,924

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are common here, with 23.9% of people making $2,000 or more a week, far above the 12.5% national figure. Similarly, 35.7% of households earn $3,000 or more weekly, which is 13 percentage points higher than the Australian average.

Household income distribution

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Princes Hill splits fairly evenly between $4,000 or more (28%) and $1,500–$2,999 (28%), with $650–$1,499 at 18%.

Personal income distribution

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Princes Hill splits fairly evenly between Under $650 (31%) and $650–$1,499 (29%), with $1,500–$2,999 at 25%.

Sources

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

More for Princes Hill

Cite this page

Australian Bureau of Statistics. (2021). Income in Princes Hill [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22122/princes-hill/topic/income