Colac Otway ShireCommunity profile
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Colac Otway Shire

Household income

In Colac Otway Shire, 7% of households earned an income of $2,500 or more per week in 2011.

Households form the common 'economic unit' in our society. Colac Otway Shire'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 Colac Otway Shire. 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.

Derived from the Census question:

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

Households

Weekly household income
Colac Otway Shire - Total households (Enumerated)2011
Weekly incomeNumber%Regional VIC %
Negative Income/Nil Income1021.31.2
$1-$1991501.91.8
$200-$2992342.93.5
$300-$3997138.98.4
$400-$5991,03613.012.3
$600-$79988011.010.6
$800-$99981110.19.3
$1000-$12497579.58.5
$1250-$14996297.97.5
$1500-$199981910.210.3
$2000-$24994976.26.7
$2500-$29992873.64.5
$3000-$34991281.62.5
$3500-$3999460.60.9
$4000-$4999270.30.6
$5000 or more410.50.6
Not stated83410.410.7

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

Weekly household income, 2011
Weekly household income, 2011 $5000 or more, Regional VIC: 0.6% $4000-$4999, Regional VIC: 0.6% $3500-$3999, Regional VIC: 0.9% $3000-$3499, Regional VIC: 2.5% $2500-$2999, Regional VIC: 4.5% $2000-$2499, Regional VIC: 6.7% $1500-$1999, Regional VIC: 10.3% $1250-$1499, Regional VIC: 7.5% $1000-$1249, Regional VIC: 8.5% $800-$999, Regional VIC: 9.3% $600-$799, Regional VIC: 10.6% $400-$599, Regional VIC: 12.3% $300-$399, Regional VIC: 8.4% $200-$299, Regional VIC: 3.5% $1-$199, Regional VIC: 1.8% Negative Income/Nil Income, Regional VIC: 1.2% $5000 or more, Colac Otway Shire: 0.5% $4000-$4999, Colac Otway Shire: 0.3% $3500-$3999, Colac Otway Shire: 0.6% $3000-$3499, Colac Otway Shire: 1.6% $2500-$2999, Colac Otway Shire: 3.6% $2000-$2499, Colac Otway Shire: 6.2% $1500-$1999, Colac Otway Shire: 10.2% $1250-$1499, Colac Otway Shire: 7.9% $1000-$1249, Colac Otway Shire: 9.5% $800-$999, Colac Otway Shire: 10.1% $600-$799, Colac Otway Shire: 11.0% $400-$599, Colac Otway Shire: 13.0% $300-$399, Colac Otway Shire: 8.9% $200-$299, Colac Otway Shire: 2.9% $1-$199, Colac Otway Shire: 1.9% Negative Income/Nil Income, Colac Otway Shire: 1.3%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.

Dominant groups

Analysis of household income levels in Colac Otway Shire in 2011 compared to Regional VIC shows that there was a smaller proportion of high income households (those earning $2,500 per week or more) and a higher proportion of low income households (those earning less than $600 per week).

Overall, 6.6% of the households earned a high income and 28.0% were low income households, compared with 9.2% and 27.2% respectively for Regional VIC.

There were no major differences between Colac Otway Shire and Regional VIC in 2011.

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