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In Hope Valley, 8% of households earned an income of $2,500 or more per week in 2011.

Households form the common 'economic unit' in our society. Hope Valley'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 Hope Valley. 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
Hope Valley2011
Weekly incomeNumber%City of Tea Tree Gully %
Negative Income/Nil Income280.90.7
$1-$199571.91.2
$200-$299812.72.1
$300-$39930710.05.7
$400-$59942313.89.3
$600-$79931010.19.0
$800-$99930810.19.0
$1000-$12492789.18.9
$1250-$14992006.58.0
$1500-$199934311.213.3
$2000-$24992377.810.4
$2500-$29991334.46.6
$3000-$3499772.53.9
$3500-$3999301.01.6
$4000-$4999120.41.1
$5000 or more00.00.6
Not stated2327.68.7

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, City of Tea Tree Gully: 0.6% $4000-$4999, City of Tea Tree Gully: 1.1% $3500-$3999, City of Tea Tree Gully: 1.6% $3000-$3499, City of Tea Tree Gully: 3.9% $2500-$2999, City of Tea Tree Gully: 6.6% $2000-$2499, City of Tea Tree Gully: 10.4% $1500-$1999, City of Tea Tree Gully: 13.3% $1250-$1499, City of Tea Tree Gully: 8.0% $1000-$1249, City of Tea Tree Gully: 8.9% $800-$999, City of Tea Tree Gully: 9.0% $600-$799, City of Tea Tree Gully: 9.0% $400-$599, City of Tea Tree Gully: 9.3% $300-$399, City of Tea Tree Gully: 5.7% $200-$299, City of Tea Tree Gully: 2.1% $1-$199, City of Tea Tree Gully: 1.2% Negative Income/Nil Income, City of Tea Tree Gully: 0.7% $5000 or more, Hope Valley: 0.0% $4000-$4999, Hope Valley: 0.4% $3500-$3999, Hope Valley: 1.0% $3000-$3499, Hope Valley: 2.5% $2500-$2999, Hope Valley: 4.4% $2000-$2499, Hope Valley: 7.8% $1500-$1999, Hope Valley: 11.2% $1250-$1499, Hope Valley: 6.5% $1000-$1249, Hope Valley: 9.1% $800-$999, Hope Valley: 10.1% $600-$799, Hope Valley: 10.1% $400-$599, Hope Valley: 13.8% $300-$399, Hope Valley: 10.0% $200-$299, Hope Valley: 2.7% $1-$199, Hope Valley: 1.9% Negative Income/Nil Income, Hope Valley: 0.9%
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 Hope Valley in 2011 compared to the City of Tea Tree Gully 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, 8.2% of the households earned a high income and 29.3% were low income households, compared with 13.8% and 18.9% respectively for the City of Tea Tree Gully.

The major differences between the household incomes of Hope Valley and the City of Tea Tree Gully were:

  • A larger percentage of households who earned $400-$599 (13.8% compared to 9.3%)
  • A larger percentage of households who earned $300-$399 (10.0% compared to 5.7%)
  • A smaller percentage of households who earned $2000-$2499 (7.8% compared to 10.4%)
  • A smaller percentage of households who earned $2500-$2999 (4.4% compared to 6.6%)