City of Monash
Local labour force - Individual income
The City of Monash local labour force has a higher proportion of people with high incomes ($1500 or more per week) than Greater Melbourne.
The Individual Income levels of the labour force are directly linked to their knowledge, experience, qualifications, occupation and skill levels.
Income statistics in City of Monash, when analysed with other data sources, such as Age Structure, Qualifications, Hours Worked and Occupations, help to evaluate the economic opportunities and socio-economic status of City of Monash. This also indicates what knowledge and skill levels industry can draw upon locally.
Australian Bureau of Statistics (ABS) – Census 2006 and 2011 – by usual residence
|Local labour force individual income|
|City of Monash||2011|
|Gross weekly individual income||Number||%||Greater Melbourne %|
|Negative Income/ Nil income||839||1.1||1.0||3001|
|$2,000 or more||8,455||10.8||10.3||3011|
Source: Australian Bureau of Statistics, Census of Population and Housing (opens a new window) 2011. Compiled and presented in profile.id by .id (opens a new window), the population experts.
Compiled and presented in economy.id by .id, the population experts.
Analysis of the local labour force individual income levels in the City of Monash in 2011 compared to Greater Melbourne shows that there was a higher proportion earning a high income (those earning $1,500 per week or more) as well as a higher proportion of low income persons (those earning less than $400 per week).
Overall, 21.8% of the workforce earned a high income, and 18.0% earned a low income, compared with 20.6% and 16.0% respectively for Greater Melbourne.
The major differences between the weekly income of the local labour force workforce in the City of Monash and Greater Melbourne were:
- A larger percentage of people who earned $1-$199 (6.5% compared to 5.4%)
- A smaller percentage of people who earned $800-$999 (12.2% compared to 13.1%)
- A smaller percentage of people who earned $600-$799 (13.8% compared to 14.6%)
- A smaller percentage of people who earned $1,000-$1,249 (12.3% compared to 13.1%)