Prospect · Suburb / Locality

Income in Prospect

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

Far fewer people earn high wages in Prospect compared to the rest of the country, with only 5.7% of individuals making over $2,000 a week. This is a lower figure than both the state and national averages. While some family incomes match the Tasmanian average, typical household earnings remain well below those seen across Australia.

Open map →
📍 Prospect, Suburb / Locality

Where Prospect sits — Median household income (weekly)

$1,233 ▲ +41.6%
  • $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 Prospect — lower than 73% of areas.

Median household income (weekly) compared with the state and national average
Prospect$1,233
7250, TAS $1,400
Tasmania $1,358
Australia $1,746

Typical incomes

Median personal, family and household incomes.

The typical family in Prospect earns $1,756 a week, which is about the same as the Tasmanian figure. However, typical household income is $1,233, which is lower than most areas and well below the Australian typical income of $1,746.

$753 ▲ +61.2%

Higher than 50% of suburb / locality areas.

  • 2011: $467
  • 2016: $640
  • 2021: $753

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

$1,233 ▲ +41.6%

Lower than 73% of suburb / locality areas.

  • 2011: $871
  • 2016: $1,023
  • 2021: $1,233

Median total household income per week.

$1,756 ▲ +50.3%

Lower than 59% of suburb / locality areas.

  • 2011: $1,168
  • 2016: $1,440
  • 2021: $1,756

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are less common here, with 11.5% of households making $3,000 or more a week, a figure far below the 22.6% national average. Most people earn under $1,500 weekly, and just 1.5% of individuals earn $3,000 or more.

Household income distribution

View on map →

In Prospect, the largest group is $650–$1,499 at 36%, followed by $1,500–$2,999 (29%) and Under $650 (23%).

Personal income distribution

View on map →

Prospect splits fairly evenly between Under $650 (44%) and $650–$1,499 (40%), with $1,500–$2,999 at 15%.

Sources

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

More for Prospect

Cite this page

Australian Bureau of Statistics. (2021). Income in Prospect [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL60524/prospect/topic/income