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LEARN MORE ABOUT .idIn Toorak (West), 32.4% 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 Toorak (West). 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 | |||
|---|---|---|---|
| Toorak (West) - Persons aged 15+ (Usual residence) | 2021 | ||
| Weekly gross income | Number | % | Malvern East % |
| Negative Income/ Nil income | 823 | 8.8 | 9.9 |
| $1 - $149 | 236 | 2.5 | 3.9 |
| $150 - $299 | 207 | 2.2 | 4.2 |
| $300 - $399 | 270 | 2.9 | 4.9 |
| $400 - $499 | 321 | 3.4 | 5.2 |
| $500 - $649 | 392 | 4.2 | 5.6 |
| $650 - $799 | 421 | 4.5 | 5.4 |
| $800 - $999 | 501 | 5.4 | 6.6 |
| $1,000 - $1,249 | 677 | 7.3 | 7.6 |
| $1,250 - $1,499 | 628 | 6.7 | 6.3 |
| $1,500 - $1,749 | 644 | 6.9 | 6.1 |
| $1,750 - $1,999 | 482 | 5.2 | 4.8 |
| $2,000 - $2,999 | 1,015 | 10.9 | 10.0 |
| $3,000 - $3,499 | 396 | 4.2 | 3.5 |
| $3,500 or more | 1,610 | 17.3 | 11.2 |
| Not stated | 702 | 7.5 | 4.7 |
| Total persons aged 15+ | 9,325 | 100.0 | 100.0 |
Dominant groups
Analysis of individual income levels in Toorak (West) in 2021 compared to Malvern East shows that there was a higher proportion of people earning a high income (those earning $2,000 per week or more) and a lower proportion of low income people (those earning less than $500 per week).
Overall, 32.4% of the population earned a high income, and 19.9% earned a low income, compared with 24.6% and 28.1% respectively for Malvern East.
The major differences between Toorak (West)'s individual incomes and Malvern East's individual incomes were:
- A larger percentage of persons who earned $3,500 or more (17.3% compared to 11.2%)
- A smaller percentage of persons who earned $300 - $399 (2.9% compared to 4.9%)
- A smaller percentage of persons who earned $150 - $299 (2.2% compared to 4.2%)
- A smaller percentage of persons who earned $400 - $499 (3.4% compared to 5.2%)
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