Torwood · Suburb / Locality

Income in Torwood

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

Much higher household incomes than most similar areas define Torwood, where the typical family earns $2,625 a week. While family and household earnings sit above the state and national figures, personal incomes are notably lower.

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📍 Torwood, Suburb / Locality

Where Torwood sits — Median household income (weekly)

$2,624
  • $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 Torwood — higher than 91% of areas.

Median household income (weekly) compared with the state and national average
Torwood$2,624
3821, VIC $1,834
Victoria $1,759
Australia $1,746

Typical incomes

Median personal, family and household incomes.

The typical household income is $2,624 weekly, which is among the highest for its level and well above the Victorian figure of $1,759. However, typical personal weekly income is only $575, which is well below the national figure of $805.

$575

Lower than 79% of suburb / locality areas.

  • 2016: $474
  • 2021: $575

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

$2,624

Higher than 91% of suburb / locality areas.

  • 2016: $1,875
  • 2021: $2,624

Median total household income per week.

$2,625

Higher than 86% of suburb / locality areas.

  • 2016: $1,399
  • 2021: $2,625

Median total family income per week.

Income spread

High earners and the full distribution.

Almost half of residents (48.6%) earn under $650 a week. This helps explain why the 8.1% of people earning over $2,000 weekly is well below the national figure of 12.5%.

Household income distribution

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In Torwood, $1,500–$2,999 is the majority at 100%.

Personal income distribution

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In Torwood, Under $650 is the majority at 62%; $650–$1,499 is next at 28%.

Sources

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

More for Torwood

Cite this page

Australian Bureau of Statistics. (2021). Income in Torwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22554/torwood/topic/income