Richmond · Suburb / Locality

Income in Richmond

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

Some of the highest earnings in the region are found in Richmond, where typical incomes sit well above state and national figures. The area is a wealthy hub, with over a third of households bringing in more than $3,000 a week.

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📍 Richmond, Suburb / Locality

Where Richmond sits — Median household income (weekly)

$2,245 ▲ +32.3%
  • $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 Richmond — higher than 86% of areas.

Median household income (weekly) compared with the state and national average
Richmond$2,245
3121, VIC $2,283
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

Typical weekly family income is $3,096, which is well above the Victorian figure of $2,136. Personal earnings are also far above the national average, with the typical person earning $1,356 a week.

$1,356 ▲ +49.8%

Higher than 94% of suburb / locality areas.

  • 2011: $905
  • 2016: $1,082
  • 2021: $1,356

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

$2,245 ▲ +32.3%

Higher than 86% of suburb / locality areas.

  • 2011: $1,697
  • 2016: $1,973
  • 2021: $2,245

Median total household income per week.

$3,096 ▲ +43.5%

Higher than 92% of suburb / locality areas.

  • 2011: $2,158
  • 2016: $2,503
  • 2021: $3,096

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are common here, as 26.2% of people earn $2,000 or more weekly, far above the 12.5% national average. This is reflected in households, where 35% earn $3,000 or more a week, a figure far above the rest of the country.

Household income distribution

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In Richmond, the largest group is $1,500–$2,999 at 31%, followed by $4,000 or more (24%) and $650–$1,499 (19%).

Personal income distribution

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Richmond splits fairly evenly between $1,500–$2,999 (32%) and $650–$1,499 (29%), with Under $650 at 26%.

Sources

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

More for Richmond

Cite this page

Australian Bureau of Statistics. (2021). Income in Richmond [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22170/richmond/topic/income