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Colac Otway ShireCommunity profile

Colac - East

Individual income

In Colac - East, 3.8% of the population earned an income of $2,000 or more per week in 2021.

Individual Income statistics are an indicator of socio-economic status. With other data sources, such as Household Income, Qualifications and Occupation, they help tell the story of the economic opportunities and socio-economic status of Colac - East. The amount of income an individual receives is linked to a number of factors including employment status, age (as for instance students and retirees often receive a lower income), qualifications and type of employment.

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

Q:

Derived from the Census question:

'What is the total of all income the person usually receives?'

Weekly individual income
Colac - East - Persons aged 15+ (Usual residence)2021
Weekly gross incomeNumber%Colac Otway Shire %
Negative Income/ Nil income1415.86.4
$1 - $149702.93.6
$150 - $299 1385.75.3
$300 - $399 2128.78.4
$400 - $499 28111.510.4
$500 - $649 2048.48.8
$650 - $7992028.38.3
$800 - $999 31813.110.4
$1,000 - $1,249 30212.410.7
$1,250 - $1,4991556.46.4
$1,500 - $1,749893.74.5
$1,750 - $1,999532.22.8
$2,000 - $2,999692.83.7
$3,000 - $3,49980.30.7
$3,500 or more150.61.4
Not stated1787.38.1
Total persons aged 15+2,435100.0100.0
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 individual income levels in Colac - East in 2021 compared to Colac Otway Shire shows that there was a lower proportion of people earning a high income (those earning $2,000 per week or more) and a similar proportion of low income people (those earning less than $500 per week).

Overall, 3.8% of the population earned a high income, and 34.6% earned a low income, compared with 5.8% and 34.2% respectively for Colac Otway Shire.

The major differences between Colac - East's individual incomes and Colac Otway Shire's individual incomes were:

  • A larger percentage of persons who earned $800 - $999 (13.1% compared to 10.4%)
  • A larger percentage of persons who earned $1,000 - $1,249 (12.4% compared to 10.7%)
  • A larger percentage of persons who earned $400 - $499 (11.5% compared to 10.4%)
  • A smaller percentage of persons who earned $2,000 - $2,999 (2.8% compared to 3.7%)

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