Banyo · Suburb / Locality

Income in Banyo

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

About 31.8% of Banyo households earn between $1,500 and $2,999 a week. This is a high-earning area where typical weekly family incomes reach $2,447, which is much higher than most similar places. Overall, residents earn well above the state and national figures.

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📍 Banyo, Suburb / Locality

Where Banyo sits — Median household income (weekly)

$2,121 ▲ +52.0%
  • $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 Banyo — higher than 80% of areas.

Median household income (weekly) compared with the state and national average
Banyo$2,121
4014, QLD $2,354
Queensland $1,675
Australia $1,746

Typical incomes

Median personal, family and household incomes.

Weekly family income is $2,447, which is a little above the national figure of $2,120. Typical household earnings are $2,121, while the usual personal weekly income is $950, both of which are much higher than most areas.

$950 ▲ +46.8%

Higher than 77% of suburb / locality areas.

  • 2011: $647
  • 2016: $737
  • 2021: $950

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

$2,121 ▲ +52.0%

Higher than 80% of suburb / locality areas.

  • 2011: $1,395
  • 2016: $1,663
  • 2021: $2,121

Median total household income per week.

$2,447 ▲ +57.6%

Higher than 79% of suburb / locality areas.

  • 2011: $1,553
  • 2016: $1,940
  • 2021: $2,447

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are common here, with 28.4% of households bringing in over $3,000 a week, well above the Queensland figure of 20.2%. Similarly, 14.8% of people earn $2,000 or more weekly, which is much higher than in most other areas.

Household income distribution

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In Banyo, the largest group is $1,500–$2,999 at 34%, followed by $650–$1,499 (24%) and $4,000 or more (15%).

Personal income distribution

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Banyo splits fairly evenly between $650–$1,499 (36%) and Under $650 (35%), with $1,500–$2,999 at 24%.

Sources

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

More for Banyo

Cite this page

Australian Bureau of Statistics. (2021). Income in Banyo [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL30148/banyo/topic/income