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In Myrtle Bank, 25% of households earned an income of $2,500 or more per week in 2011.

Households form the common 'economic unit' in our society. Myrtle Bank'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 Myrtle Bank. 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
Myrtle Bank2011
Weekly incomeNumber%City of Unley %
Negative Income/Nil Income151.41.4
$1-$19990.81.4
$200-$299131.22.5
$300-$399837.66.1
$400-$59911210.37.9
$600-$799837.67.3
$800-$999736.76.7
$1000-$1249575.27.3
$1250-$1499878.06.8
$1500-$199911810.810.6
$2000-$2499524.86.8
$2500-$29991039.510.2
$3000-$3499645.96.6
$3500-$3999504.63.2
$4000-$4999292.73.1
$5000 or more262.42.8
Not stated11510.69.3

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 Unley: 2.8% $4000-$4999, City of Unley: 3.1% $3500-$3999, City of Unley: 3.2% $3000-$3499, City of Unley: 6.6% $2500-$2999, City of Unley: 10.2% $2000-$2499, City of Unley: 6.8% $1500-$1999, City of Unley: 10.6% $1250-$1499, City of Unley: 6.8% $1000-$1249, City of Unley: 7.3% $800-$999, City of Unley: 6.7% $600-$799, City of Unley: 7.3% $400-$599, City of Unley: 7.9% $300-$399, City of Unley: 6.1% $200-$299, City of Unley: 2.5% $1-$199, City of Unley: 1.4% Negative Income/Nil Income, City of Unley: 1.4% $5000 or more, Myrtle Bank: 2.4% $4000-$4999, Myrtle Bank: 2.7% $3500-$3999, Myrtle Bank: 4.6% $3000-$3499, Myrtle Bank: 5.9% $2500-$2999, Myrtle Bank: 9.5% $2000-$2499, Myrtle Bank: 4.8% $1500-$1999, Myrtle Bank: 10.8% $1250-$1499, Myrtle Bank: 8.0% $1000-$1249, Myrtle Bank: 5.2% $800-$999, Myrtle Bank: 6.7% $600-$799, Myrtle Bank: 7.6% $400-$599, Myrtle Bank: 10.3% $300-$399, Myrtle Bank: 7.6% $200-$299, Myrtle Bank: 1.2% $1-$199, Myrtle Bank: 0.8% Negative Income/Nil Income, Myrtle Bank: 1.4%
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 Myrtle Bank in 2011 compared to the City of Unley 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, 25.0% of the households earned a high income and 21.3% were low income households, compared with 25.8% and 19.3% respectively for the City of Unley.

The major differences between the household incomes of Myrtle Bank and the City of Unley were:

  • A larger percentage of households who earned $400-$599 (10.3% compared to 7.9%)
  • A larger percentage of households who earned $300-$399 (7.6% compared to 6.1%)
  • A smaller percentage of households who earned $2000-$2499 (4.8% compared to 6.8%)
  • A smaller percentage of households who earned $1000-$1249 (5.2% compared to 7.3%)