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Balwyn North

Equivalised household income

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This topic has been updated with 2016 Census data for all areas. What's this?

Assuming all households were the same size, the 'highest' quartile was the largest income group in Balwyn North in 2016.

While Household Income is a useful measure, it is difficult to tell if changes over time and between geographic areas are due to actual changes in income levels, or due to changes in household size and composition. For example, an increase in lower income households could be due to job losses in key economic sectors, or simply due to decreasing household size as adult children leave home.

Equivalised Household Income puts all households on an equal footing independent of household size and composition to enable a true comparison between areas and over time. It is an indicator of the income resource available to a household of standard size and is the best measure of the changing economic fortunes of households living in Balwyn North.

A detailed explanation of how Equivalised Household Income quartiles are calculated and interpreted is available in specific data notes.

Derived from the Census question:

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

Family, group and lone person households

Equivalised household income quartiles
Balwyn North - Households (Enumerated)20162011Change
Quartile groupNumber%City of Boroondara %Number%City of Boroondara %2011 to 2016
Lowest group1,04318.316.11,08818.615.1-44
Medium lowest1,13319.816.31,09318.715.9+39
Medium highest1,38124.221.11,41324.122.8-32
Highest group2,15937.846.62,26838.746.2-109

Source: Australian Bureau of Statistics, Census of Population and Housing 2011 and 2016. Compiled and presented by .id , the population experts.

Equivalised household income - Quartile group dollar ranges
Calculated from income data for Victoria Weekly income by Census year
Equivalised household income ranges
2016
2011
2006
2001
Lowest group $0 to $494 $0 to $430 $0 to $352 $0 to $288
Medium lowest $495 to $864 $431 to $751 $353 to $601 $289 to $492
Medium highest $865 to $1,392 $752 to $1,203 $602 to $969 $493 to $782
Highest group $1,393 and over $1,204 and over $970 and over $783 and over

Equivalised household income quartiles, 2016
Equivalised household income quartiles, 2016 Highest group, City of Boroondara: 46.6% Medium highest, City of Boroondara: 21.1% Medium lowest, City of Boroondara: 16.3% Lowest group, City of Boroondara: 16.1% Highest group, Balwyn North: 37.8% Medium highest, Balwyn North: 24.2% Medium lowest, Balwyn North: 19.8% Lowest group, Balwyn North: 18.3%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2016 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.
Change in equivalised household income quartiles, 2011 to 2016
Change in equivalised household income quartiles, 2011 to 2016 Highest group, Balwyn North: -109 Medium highest, Balwyn North: -32 Medium lowest, Balwyn North: +39 Lowest group, Balwyn North: -44
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 and 2016 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.

Dominant groups

Equivalised income quartiles allow us to compare relative income-earning capabilities across time. Because the data is equivalised, households of different size and composition are placed on an equal footing.

Analysis of the distribution of households by income quartile in Balwyn North compared to the City of Boroondara shows that there was a lesser proportion of households in the highest equivalised income quartile, and a greater proportion in the lowest equivalised income quartile.

Emerging groups

The most significant change in Balwyn North between 2011 and 2016 was in the highest quartile which showed a slight decrease of -109 households.

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