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LEARN MORE ABOUT .idIn Yorkeys Knob, 10.2% of households earned an income of $3,000 or more per week in 2021.
Households form the common 'economic unit' in our society. Yorkeys Knob'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 Yorkeys Knob. 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 | |||
|---|---|---|---|
| Yorkeys Knob - Total households (Enumerated) | 2021 | ||
| Weekly income | Number | % | Holloways Beach - Machans Beach % |
| Neg/Nil Income | 27 | 2.0 | 1.9 |
| $1 - $149 | 6 | 0.5 | 0.5 |
| $150 - $299 | 23 | 1.7 | 1.3 |
| $300 - $399 | 49 | 3.7 | 3.1 |
| $400 - $499 | 78 | 5.9 | 6.2 |
| $500 - $649 | 105 | 7.9 | 5.5 |
| $650 - $799 | 90 | 6.8 | 5.5 |
| $800 - $999 | 120 | 9.1 | 7.8 |
| $1,000 - $1,249 | 110 | 8.3 | 8.5 |
| $1,250 - $1,499 | 107 | 8.1 | 9.1 |
| $1,500 - $1,749 | 91 | 6.9 | 6.3 |
| $1,750 - $1,999 | 74 | 5.6 | 6.0 |
| $2,000 - $2,499 | 137 | 10.3 | 11.7 |
| $2,500 - $2,999 | 73 | 5.5 | 5.4 |
| $3,000 - $3,499 | 56 | 4.2 | 4.9 |
| $3,500 - $3,999 | 26 | 2.0 | 2.3 |
| $4,000 - $4,499 | 14 | 1.1 | 1.2 |
| $4,500 - $4,999 | 26 | 2.0 | 2.4 |
| $5,000 - $5,999 | 5 | 0.4 | 1.7 |
| $6,000 - $7,999 | 5 | 0.4 | 0.6 |
| $8,000 or more | 3 | 0.2 | 0.0 |
| Not stated | 100 | 7.5 | 7.9 |
| Total households | 1,325 | 100.0 | 100.0 |
Dominant groups
Analysis of household income levels in Yorkeys Knob in 2021 compared to Holloways Beach - Machans Beach shows that there was a smaller proportion of high income households (those earning $3,000 per week or more) and a higher proportion of low income households (those earning less than $800 per week).
Overall, 10.2% of the households earned a high income and 28.5% were low income households, compared with 13.1% and 24.1% respectively for Holloways Beach - Machans Beach.
The major differences between the household incomes of Yorkeys Knob and Holloways Beach - Machans Beach were:
- A larger percentage of households who earned $500 - $649 (7.9% compared to 5.5%)
- A larger percentage of households who earned $650 - $799 (6.8% compared to 5.5%)
- A smaller percentage of households who earned $2,000 - $2,499 (10.3% compared to 11.7%)
- A smaller percentage of households who earned $5,000 - $5,999 (0.4% compared to 1.7%)
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