Melbourne city: Median Household Income Trend
How Melbourne city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$35,952
2023
$34,303
Total change
$1,649
% change
-4.6%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $35,952 | — |
| 2019 | $43,045 | +$7,093 (19.7%) |
| 2020 | $35,000 | $8,045 (-18.7%) |
| 2021 | $39,032 | +$4,032 (11.5%) |
| 2022 | $41,938 | +$2,906 (7.4%) |
| 2023 | $34,303 | $7,635 (-18.2%) |