Prospect Vale · Suburb / Locality

Income in Prospect Vale

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

Earnings in Prospect Vale have remained relatively steady over the years, though they sit below the national average. The typical weekly household income is $1,268, which is lower than most similar areas. While some residents earn well, a large proportion of the population lives on a modest budget.

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📍 Prospect Vale, Suburb / Locality

Where Prospect Vale sits — Median household income (weekly)

$1,268 ▲ +34.6%
  • $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 Vale — lower than 70% of areas.

Median household income (weekly) compared with the state and national average
Prospect Vale$1,268
7250, TAS $1,400
Tasmania $1,358
Australia $1,746

Typical incomes

Median personal, family and household incomes.

The typical weekly family income is $1,710, which is about the same as the Tasmanian figure. However, the typical household income of $1,268 is well below the Australian average of $1,746.

$710 ▲ +34.7%

Lower than 58% of suburb / locality areas.

  • 2011: $527
  • 2016: $576
  • 2021: $710

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

$1,268 ▲ +34.6%

Lower than 70% of suburb / locality areas.

  • 2011: $942
  • 2016: $1,077
  • 2021: $1,268

Median total household income per week.

$1,710 ▲ +34.5%

Lower than 61% of suburb / locality areas.

  • 2011: $1,271
  • 2016: $1,447
  • 2021: $1,710

Median total family income per week.

Income spread

High earners and the full distribution.

High earners are less common here than in most areas, with only 12.5% of households bringing in $3,000 or more a week. This is far below the Australian rate of 22.6%.

Household income distribution

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In Prospect Vale, the largest group is $650–$1,499 at 35%, followed by $1,500–$2,999 (29%) and Under $650 (23%).

Personal income distribution

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In Prospect Vale, the largest group is Under $650 at 46%, followed by $650–$1,499 (37%) and $1,500–$2,999 (14%).

Sources

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

More for Prospect Vale

Cite this page

Australian Bureau of Statistics. (2021). Income in Prospect Vale [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL60525/prospect-vale/topic/income