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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
$43,159
2023
$64,504
Total change
+$21,345
% change
+49.5%
Year Median Household Income Change
2017 $43,159
2019 $48,673 +$5,514 (12.8%)
2020 $51,934 +$3,261 (6.7%)
2021 $55,543 +$3,609 (6.9%)
2022 $60,917 +$5,374 (9.7%)
2023 $64,504 +$3,587 (5.9%)

Other Melbourne city Trends