Analysis of household income levels in Randwick City in 2021 compared to Waverley Council Area 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, 36.3% of the households earned a high income and 17.2% were low income households, compared with 45.2% and 12.2% respectively for Waverley Council Area.
The major differences between the household incomes of Randwick City and Waverley Council Area were:
- A larger percentage of households who earned $400 - $499 (4.2% compared to 2.8%)
- A smaller percentage of households who earned $4,500 - $4,999 (7.4% compared to 10.9%)
- A smaller percentage of households who earned $6,000 - $7,999 (6.6% compared to 8.8%)
- A smaller percentage of households who earned $8,000 or more (2.6% compared to 4.8%)