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Australian's Real Incomes, page-2

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debono

23,271 Posts.

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30/12/19

13:37

Post #: 42163897
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Originally posted by Dave R ↑

As I have posted before forget about the heavily skewed "average" income and use the "median" income for a true picture...

Are you one of the 'everyday Australians' we hear politicians talking about?
Key points:

The median income in Australia is $48,360 before tax

Low income earners are struggling to pay bills or meet healthcare needs with some returning to work in their 70s

Sliding into debt becomes very easy for those trying to work and afford child care or health insurance

If you earn any more than $50,000 per year, you have already stepped out of the 'average Aussie' bracket.
The median income in Australia is $48,360 before tax, according to a report released by the Australian Bureau of Statistics this month that analysed data from the 2016/2017 financial year.
In regional areas, that figure is far lower.
The most marked difference is in the Northern Territory, where Darwin city dwellers' median income is $61,375, compared to $52,420 for the rest of the territory.
The highest median income is found in the Australian Capital Territory, at $63,038.
Tasmanian workers have the lowest median income, at $44,437.

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Why use median Dave?
That is just the mid point.
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