Average Household Income in Australia 2009-10

An information site for British Migrants to Australia, providing information since October 2005. Post Content follows this advert.

The average Income of Australian households can obviously vary between very high (Australian Bank CEO’s) and very low (Homeless people), however a few figures have been released for 2009-10 by the ABS.

Gross household income 2009-10

Groups Median Mean
Lowest 20% $852 $1,026
Next Lowest 20% $1,215 $1,462
Middle 20% $1,439 $1,586
Next Highest 20% $1,493 $1,699
Highest 20% $2,028 $2,665
Overall Median $1,320 $1,688

** These figures look suspect to me, and will be checked later, the overall median should be in the middle group.

It does appear that the middle 60% of household incomes are not that far apart, with  a median of between $1,215 and $1,493.

The lowest group are quoted as being families that exist on government benefits, are in government housing, or are single income households.

Source: ABS 6523.0 – Household Income and Income Distribution, Australia, 2009-10 (Weekly)

Median Average = All values divided by the number of Households.
Mean Average = The middle point value where 50% of the others are above that point, and 50% are below.

From the ABS Media Release:

In the 12 months to June 2010, Australian households spent an average of $1,236 each week on goods and services. This is an increase of 38% since the previous survey which was conducted in 2003-04.

Part of this increase can be attributed to inflation – over the five years since the previous survey, the price of goods and services, as measured by the consumer price index (CPI), rose by 19%.

Over the same period, the mean gross household income per week increased by 50% and the average household size increased from 2.53 to 2.57 people.



0 0 votes
Article Rating
Subscribe
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

These figures are weekly income? Or fortnightly? What is the median household or family income in Australia?

2
0
Would love your thoughts, please comment.x
()
x