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Bass Coast ShireCommunity profile

Inverloch - Pound Creek

Household income

In Inverloch - Pound Creek, 16.9% of households earned an income of $3,000 or more per week in 2021.

Households form the common 'economic unit' in our society. Inverloch - Pound Creek's Household Income is one of the most important indicators of socio-economic status. With other data sources, such as Qualifications and Occupation, it helps to reveal the economic opportunities and socio-economic status of Inverloch - Pound Creek. It is important to note that income data is not necessarily a measure of wealth. For example, if an area has a large number of retirees this will produce a higher proportion of households with low income but the retirees may have large capital wealth. For this reason, household income should be viewed in conjunction with Age and Household Composition.

The incomes presented on this page are for the latest Census year only. For comparison of incomes over time, go to Household Income Quartiles.

Learn more about the characteristics of low-income households here.

Q:

Derived from the Census question:

'What is the total of all wages/salaries, government benefits, pensions, allowances and other income the person usually receives?'

Weekly household income
Inverloch - Pound Creek - Total households (Enumerated)2021
Weekly incomeNumber%Bass Coast Shire %
Neg/Nil Income602.22.1
$1 - $149180.61.1
$150 - $299381.41.5
$300 - $399702.53.1
$400 - $4992017.28.9
$500 - $6491736.26.4
$650 - $7992258.18.9
$800 - $9992047.38.2
$1,000 - $1,2492599.38.7
$1,250 - $1,4992117.68.0
$1,500 - $1,7491073.95.1
$1,750 - $1,9991324.85.4
$2,000 - $2,49928010.18.8
$2,500 - $2,999 1575.74.9
$3,000 - $3,4991425.13.8
$3,500 - $3,999742.72.2
$4,000 - $4,499341.20.9
$4,500 - $4,9991003.62.3
$5,000 - $5,999602.21.2
$6,000 - $7,999331.20.8
$8,000 or more250.90.5
Not stated1746.37.3
Total households2,777100.0100.0
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Compiled and presented in profile.id by .id (informed decisions).
Please refer to specific data notes for more information

Dominant groups

Analysis of household income levels in Inverloch - Pound Creek in 2021 compared to Bass Coast Shire shows that there was a larger proportion of high income households (those earning $3,000 per week or more) and a lower proportion of low income households (those earning less than $800 per week).

Overall, 16.9% of the households earned a high income and 28.3% were low income households, compared with 11.7% and 31.9% respectively for Bass Coast Shire.

The major differences between the household incomes of Inverloch - Pound Creek and Bass Coast Shire were:

  • A larger percentage of households who earned $2,000 - $2,499 (10.1% compared to 8.8%)
  • A larger percentage of households who earned $4,500 - $4,999 (3.6% compared to 2.3%)
  • A smaller percentage of households who earned $400 - $499 (7.2% compared to 8.9%)
  • A smaller percentage of households who earned $1,500 - $1,749 (3.9% compared to 5.1%)

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