Toorak · Suburb / Locality

Income in Toorak

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

Weekly family incomes have risen significantly in Toorak, reaching a typical $3,909. This makes it one of the wealthiest areas in the country, with household earnings far exceeding both the state and national figures.

Open map →
📍 Toorak, Suburb / Locality

Where Toorak sits — Median household income (weekly)

$2,533 ▲ +28.1%
  • $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 Toorak — higher than 90% of areas.

Median household income (weekly) compared with the state and national average
Toorak$2,533
3142, VIC $2,533
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

Typical weekly personal income is $1,427, which is far above the national figure of $805. Household earnings are also among the highest at this level, with a typical weekly income of $2,533.

$1,427 ▲ +38.4%

Higher than 96% of suburb / locality areas.

  • 2011: $1,031
  • 2016: $1,217
  • 2021: $1,427

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

$2,533 ▲ +28.1%

Higher than 90% of suburb / locality areas.

  • 2011: $1,977
  • 2016: $2,311
  • 2021: $2,533

Median total household income per week.

$3,909 ▲ +42.4%

Higher than 99% of suburb / locality areas.

  • 2011: $2,746
  • 2016: $3,339
  • 2021: $3,909

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are very common here, with 42.2% of households bringing in over $3,000 a week, 20 percentage points above the national average. Similarly, 32.8% of individuals earn $2,000 or more weekly, which is far above the 12.5% seen across Australia.

Household income distribution

View on map →

In Toorak, the largest group is $4,000 or more at 36%, followed by $1,500–$2,999 (26%) and $650–$1,499 (18%).

Personal income distribution

View on map →

Toorak splits fairly evenly between Under $650 (27%) and $650–$1,499 (25%), with $1,500–$2,999 at 24%.

Sources

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

More for Toorak

Cite this page

Australian Bureau of Statistics. (2021). Income in Toorak [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22547/toorak/topic/income