Median household income in Australia and New Zealand

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Median total household weekly income in Australia divided geographically by statistical local area, as of the 2011 census
Australian total gross income per capita

Median household income is commonly used to measure the relative prosperity of populations in different geographical locations. It divides households into two equal segments with the first half of households earning less than the median household income and the other half earning more.

Since 2000 household incomes in Australia have been growing rapidly.

New Zealand and Australia are gradually being economically integrated through a process known as “Closer Economic Relations (CER)”. Their citizens are free to travel, live and work in either country. Information about their relative median household incomes is of interest, especially for those considering migration.

Median household income in 2007-8

Income data for each state (or territory) has been converted to US dollars using Purchasing Power Parity for private consumption.[1] This is done because it provides a more accurate and stable assessment of the true value of citizens' incomes in diverse countries.

Location Population Median household income (local currency) Median household income (PPP US$)
Australian Capital Territory 324,034 A$91,624 $60,278
Northern Territory 192,898 A$86,788 $57,097
Western Australia 1,959,084 A$72,800 $47,894
Queensland 3,904,532 A$68,276 $44,918
Victoria 4,932,422 A$66,872 $43,994
Australia 19,855,328 A$66,820[citation needed] $43,960
New South Wales 6,549,177 A$66,820 $43,960
New Zealand 4,100,000 NZ $67,028 [2] (Average, not median) $44,985
South Australia 1,514,377 A$55,848 $36,742
Tasmania 476,481 A$50,7005

Main source: Australian Bureau of Statistics, Household Income and Income Distribution, Australia 2007–08 .[3] Note : The NZ figure is Average Household Income and not Median Household Income. No source for Median Income found. The figure for NZ Median Household Income is likely to be slightly less. Note: GDP per capita cannot be used to predict median household income (See median household income).

Median household income in 2011-2012

There were no significant changes in income between 2009-10 and 2011-12.[4]

Location Population Median household income (local currency)[5][6] Median household income (PPP US$)
Australian Capital Territory
Northern Territory
Western Australia
Queensland
Victoria
Australia 47736
New South Wales
New Zealand
South Australia
Tasmania

See also

References

  1. http://stats.oecd.org/Index.aspx?datasetcode=SNA_TABLE4
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