7 NET WORTH QUINTILE |
| |
| | | | | Household net worth quintile | |
Household characteristics | Lowest | Second | Third | Fourth | Highest | All
households | |
| |
Income per week | | | | | | | | |
| Gross household income | | | | | | | | |
| | Mean income | $ | 769 | 1 173 | 1 122 | 1 363 | 2 098 | 1 305 | |
| | Median income | $ | 640 | 1 054 | 994 | 1 214 | 1 722 | 1 040 | |
| Equivalised disposable household income | | | | | | | | |
| | Mean income | $ | 445 | 597 | 566 | 642 | 908 | 644 | |
| | Median income | $ | 384 | 556 | 513 | 592 | 775 | 563 | |
Mean household net worth | $ | 27 368 | 160 595 | 341 745 | 564 294 | 1 720 680 | 562 859 | |
Proportion of households with characteristic | | | | | | | | |
| Principal source of household income | | | | | | | | |
| | Zero or negative income | % | *1.0 | *0.6 | **0.2 | *0.3 | *0.5 | 0.5 | |
| | Wages and salaries | % | 50.2 | 68.4 | 57.1 | 62.0 | 58.7 | 59.3 | |
| | Own unincorporated business income | % | 2.7 | 4.9 | 6.2 | 5.4 | 11.2 | 6.1 | |
| | Government pensions and allowances | % | 43.3 | 24.2 | 32.4 | 24.0 | 6.7 | 26.1 | |
| | Other income | % | 2.8 | 1.9 | 4.1 | 8.3 | 22.9 | 8.0 | |
| | Total | % | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | |
| Contribution of government pensions and allowances to gross household income | | | | | | | | |
| | Nil or less than 1% | % | 35.0 | 44.9 | 35.6 | 40.2 | 63.0 | 43.7 | |
| | 1% to less than 20% | % | 9.8 | 21.2 | 22.4 | 25.2 | 22.6 | 20.2 | |
| | 20% to less than 50% | % | 11.2 | 9.3 | 9.7 | 10.4 | 7.1 | 9.5 | |
| | 50% to less than 90% | % | 9.5 | 6.5 | 11.7 | 11.9 | 3.6 | 8.6 | |
| | 90% and over | % | 33.5 | 17.5 | 20.5 | 11.9 | 3.2 | 17.3 | |
| | Total(a) | % | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | |
| Tenure and landlord type | | | | | | | | |
| | Owner without a mortgage | % | *0.8 | 16.0 | 40.6 | 53.1 | 61.0 | 34.3 | |
| | Owner with a mortgage | % | 3.3 | 43.7 | 50.1 | 42.4 | 35.4 | 35.0 | |
| | Renter | | | | | | | | |
| | | State/territory housing authority | % | 20.4 | 2.4 | **0.1 | *0.3 | - | 4.7 | |
| | | Private landlord | % | 65.9 | 31.6 | 7.1 | 2.6 | 2.8 | 22.0 | |
| | | Other landlord type | % | 5.4 | 2.4 | *0.6 | *0.5 | *0.3 | 1.9 | |
| | | Total renters | % | 91.7 | 36.5 | 7.8 | 3.4 | 3.1 | 28.5 | |
| | Other tenure type | % | 4.2 | 3.8 | 1.4 | 1.1 | *0.5 | 2.2 | |
| | Total | % | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | |
| Family composition of household | | | | | | | | |
| | One family households | | | | | | | | |
| | | Couple family with dependent children | % | 12.6 | 26.7 | 29.3 | 30.7 | 31.9 | 26.2 | |
| | | One parent family with dependent children | % | 16.8 | 7.1 | 4.5 | 3.4 | 2.2 | 6.8 | |
| | | Couple only | % | 13.9 | 22.0 | 26.9 | 30.6 | 35.5 | 25.8 | |
| | | Other one family households | % | 8.4 | 8.6 | 10.7 | 14.2 | 15.6 | 11.5 | |
| | Multiple family households | % | *0.8 | *0.9 | *0.7 | *1.2 | 1.6 | 1.0 | |
| | Non-family households | | | | | | | | |
| | | Lone person | % | 39.3 | 31.1 | 26.6 | 18.9 | 12.3 | 25.7 | |
| | | Group households | % | 8.1 | 3.6 | 1.3 | 1.0 | *0.8 | 3.0 | |
| | Total | % | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | |
Average number in household | | | | | | | | |
| Employed persons | no. | 0.9 | 1.3 | 1.2 | 1.4 | 1.6 | 1.3 | |
| Dependent children | no. | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.6 | |
| Persons | | | | | | | | |
| | Under 18 years | no. | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | |
| | 18 to 64 years | no. | 1.4 | 1.6 | 1.5 | 1.7 | 1.9 | 1.6 | |
| | 65 years and over | no. | 0.2 | 0.2 | 0.4 | 0.4 | 0.4 | 0.3 | |
| | Total | no. | 2.2 | 2.4 | 2.5 | 2.7 | 2.8 | 2.5 | |
Estimated number in population | | | | | | | | |
| Households | '000 | 1 586.3 | 1 584.4 | 1 585.2 | 1 585.3 | 1 584.9 | 7 926.2 | |
| Persons | '000 | 3 429.4 | 3 792.0 | 3 987.1 | 4 277.6 | 4 444.5 | 19 930.7 | |
Number of households in sample | no. | 1 979 | 2 021 | 2 046 | 2 020 | 1 895 | 9 961 | |
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* estimate has a relative standard error of 25% to 50% and should be used with caution |
** estimate has a relative standard error greater than 50% and is considered too unreliable for general use |
- nil or rounded to zero (including null cells) |
(a) Includes households with nil or negative total income |