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LEARN MORE ABOUT .idIn Macedon Ranges Shire, 29.1% of households earned an income of $3,000 or more per week in 2021.
Households form the common 'economic unit' in our society. Macedon Ranges 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 Macedon Ranges 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.
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 | |||
|---|---|---|---|
| Macedon Ranges Shire - Total households (Enumerated) | 2021 | ||
| Weekly income | Number | % | Gisborne % |
| Neg/Nil Income | 297 | 1.6 | 1.5 |
| $1 - $149 | 128 | 0.7 | 0.5 |
| $150 - $299 | 191 | 1.0 | 0.8 |
| $300 - $399 | 249 | 1.4 | 1.4 |
| $400 - $499 | 827 | 4.5 | 3.9 |
| $500 - $649 | 591 | 3.2 | 3.2 |
| $650 - $799 | 882 | 4.8 | 3.7 |
| $800 - $999 | 903 | 5.0 | 3.9 |
| $1,000 - $1,249 | 1,091 | 6.0 | 5.8 |
| $1,250 - $1,499 | 1,152 | 6.3 | 5.3 |
| $1,500 - $1,749 | 985 | 5.4 | 4.9 |
| $1,750 - $1,999 | 951 | 5.2 | 5.4 |
| $2,000 - $2,499 | 1,980 | 10.9 | 11.6 |
| $2,500 - $2,999 | 1,417 | 7.8 | 8.6 |
| $3,000 - $3,499 | 1,396 | 7.7 | 8.9 |
| $3,500 - $3,999 | 922 | 5.1 | 6.0 |
| $4,000 - $4,499 | 475 | 2.6 | 3.2 |
| $4,500 - $4,999 | 1,023 | 5.6 | 5.9 |
| $5,000 - $5,999 | 726 | 4.0 | 5.1 |
| $6,000 - $7,999 | 559 | 3.1 | 3.4 |
| $8,000 or more | 216 | 1.2 | 0.9 |
| Not stated | 1,281 | 7.0 | 6.2 |
| Total households | 18,242 | 100.0 | 100.0 |
Dominant groups
Analysis of household income levels in Macedon Ranges Shire in 2021 compared to Gisborne 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, 29.1% of the households earned a high income and 17.4% were low income households, compared with 33.4% and 15.0% respectively for Gisborne.
The major differences between the household incomes of Macedon Ranges Shire and Gisborne were:
- A larger percentage of households who earned $650 - $799 (4.8% compared to 3.7%)
- A larger percentage of households who earned $800 - $999 (5.0% compared to 3.9%)
- A smaller percentage of households who earned $3,000 - $3,499 (7.7% compared to 8.9%)
- A smaller percentage of households who earned $5,000 - $5,999 (4.0% compared to 5.1%)
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