Income and wealth distribution by state

Monday, September 12, 2016

High wealth, high income

What are the high wealth, high income states? Western Australia is leading in terms of both income and wealth, with $133,224 and $952,500 respectively, which is well above the average household annual gross income of $107,276 and average household net worth of $809,900.

However, over the last year particularly, the impact of the mining slowdown has affected earnings and also wealth. The reliance on the mining sector and the fluctuation of income and wealth based on the fortunes of this one sector are highlighted in the fact that between 2012 and 2014, the household incomes of those in Western Australia rose by 21% which was almost double that seen in the leading east coast state of New South Wales, and the wealth in this 2 year period increased by 24%, again almost double on what we saw from the best performing east coast states.

Top performing states

New South Wales is the most consistent performer in wealth and income, and the only other state to have both income and wealth about the national average (12% on income and 13% on wealth). It has a stable economy, with the largest infrastructure investments in the nation, a broad base of industries and consequently solid forward forecasts.

The Northern Territory, like Western Australia has been fluctuating, and while it has average income above the national average, its wealth is below the national average. Queensland, while improving in both income and wealth is below the national average on both as well. And Victoria while seeing solid gains in both income and wealth, with wealth largely due to the housing market above the national average, its income has still not quite reached the national average.

Worst performing states

The worst performing states are Tasmania, with incomes 26% below the national income and wealth average, as well as South Australia which is 19% below the average household income and 20% below the national net wealth.

While household income gains have been low in some states (a total of 6% gain since 2012 in South Australia, Tasmania and the Australian Capital Territory over the last 2 years), at least all of the states have had an increase in incomes, but such has been the change in property prices and the rise in living costs, the Northern Territory, South Australia, Tasmania and the Australian Capital Territory have all seen a slight fall in average household wealth since 2012.

A Snapshot of Australia's Housing Market

Monday, August 01, 2016

Owning a home is the great Australian dream, but with 30% of Australians renting, could our love affair with bricks and mortar be turning sour? Our Aussie states go head to head as we compare affordability for buyers and renters.

How many Australians own their home outright and how many have a mortgage?

2 in 5 (40%) Australians are trying to own their own home and slowly pay it off, with the smallest category of all, 28%, being lucky enough to have paid off their home in full.

How do the capital cities compare when it comes to renting an apartment?

As you would expect, Sydney ranks as the most expensive city, costed at about $500 per week for your average apartment. Amazingly, Darwin is up there as well due to more more demand than supply and with not the same investment in stock. Meanwhile, if you move down to Hobart, it is almost half that, paying about $270 per week, and Adelaide not much beyond that at $370.

What if you are looking to buy a home, how much is that?

Sydney is still leading Australia by a long way with almost a $1,000,000 median house price. A distant second is Melbourne, at over $800,000. If you look down to Hobart, the median house price is $357,000, so that means using the money spent on a home in Sydney, you could buy about 3 homes in Hobart – and a pretty good lifestyle down there as well.

Looking at Australia as a whole, what is the percentage of apartments to houses?

About 3 in 4 Australians live in a detached home, so that’s traditionally been the Aussie dream. Then you have about 14% who live in apartments and 10% in townhouses. We are starting to see a change though, with a quarter of Australians now living in medium to high density housing. At the moment if you look at new housing approvals, it's 1 in 3, so it has gone up. If you look at Sydney and Melbourne, 2 in 3 new housing approvals are in medium to high density living. So we are starting to get more densified, with an increase in vertical communities compared to the more traditional horizontal ones, and that’s where we are headed in the future.

Watch Mark's full interview on The Daily Edition here

Wealth and Income Distribution State V State

Monday, July 25, 2016

Australia has long been considered the land of the middle class, but in recent years the gap has been widening between the rich and the poor. When it comes to the battle of the states, which corner of Australia scores the highest and the lowest on the income and wealth report? Will the Baby Boomer generation continue their stronghold on our national wealth?

Is Australia still the land of the middle class?

It is hanging in there, but it’s under pressure. We have seen some hollowing out in the middle of the earnings and a bit of spread to either end. The average annual household earnings are around $107,000 however the lowest fifth of households earn 20% of this while the top fifth average almost three times this. That means that the top fifth of households are taking home about 12 times what the bottom fifth of households are earning.

Most Aussies have their wealth tied up in their homes, how does ownership compare with the top, middle and lower classes?

The average wealth (if you liquidate everything and pay off all your debts, what are you left with) is about $800,000. The bottom 1 in 5 have a net worth of just $35,000, the top 20% of all household have a net worth of about $2,500,000. That means that the top fifth of households have about 62% of Australia’s wealth, and the bottom fifth take less than 1% of Australia’s national private wealth. So that's a big difference in wealth across these households.

Which states are best and worst performers when we are looking just at income?

The mining boom in WA has really done a great thing over there and so they are leading the earnings chart, with the ACT not too far behind with public servant wages doing pretty well. At the bottom of the tree you have Tasmania, earning about $50,000 less per annum, per household, than what we have in the west.

What Makes a City the Most Liveable?

Wednesday, July 20, 2016

What makes a state or city liveable? Is it the low crime rate, affordability, ease of travel or is it simply the weather? We have compared some of the major factors and revealed what Aussies really think.


If you take the average weekly earnings, subtract the average weekly mortgage repayments based on house costs, you find that NSW doesn’t do too well, it is earning 20% above the average, but the houses are 64% above the average, so NSW works out to be the worst in terms of income after housing. But WA is on top of the charts, with the ACT doing pretty well also.

Ease of travel

We took the centre of population of each of our capital cities, the mid-point of the population sprawl where as many people live north, as south of this point, and as many east, as west. From this centre of living we measured the average, non-peak hour driving time to the centre of the CBD marked by the GPO of each capital. We found that as we would probably expect, Sydney was the longest drive, about 33 minutes to get from the centre of population to the centre of the city, but the quickest trip of all was Brisbane with just 8 minutes.

Crime rates

This is the number of offenders per annum, per 100 people and the Territories book end the data here, with the ACT with the lowest crime rate nationally and the Northern Territory as the highest crime rate and the other states right in the middle. As measured by crime rates, the ACT is Australia’s safest place to live.


We measured this by looking at the average number of sunny days - totally clear days in a year. Tasmania not doing too well with a lot of cloudy, overcast days, but WA takes the crown with the most number of sunny days in any given year.

Watch Mark McCrindle's full interview on The Daily Edition here

A Snapshot of Education Across Australia

Monday, July 18, 2016

We have been looking at different aspects of life in Australia and we are turning our focus on how each state rates when it comes to education. Are we more educated than we used to be? In 1986 49% of students completed year 12 and these days its fast approaching 90%.

Let’s talk about tertiary education across the generations

We are becoming an even cleverer country as measured by university completion so if we look at the Baby Boomers, 1 in 5 have a university degree, for Generation X, that’s 1 in 4, for Generation Y its 1 in 3 but for today’s school students, about 1 in 2 of them will end up with a university degree in their lifetime.

How does university attendance compare across the states?

If we look at 18 – 24 year olds, who are full time students, we have the ACT and Victoria leading the charge there and the other states not too far behind, while the Northern Territory is a fair way behind.

When looking at school performance, which state is performing the best as they hit year 7?

The NAPLAN results allows us to compare across Australia. If you look at the percentage of students in year 7 who are above the national minimum standard, again good results across the board. ACT and Victoria again leading Australia as far as the proportion of students above the standards. The other states are close behind, again with the Northern Territory a bit off the pace.

Having an education usually means a lower risk of unemployment, how did the states rate?

Pretty good, Australia as a whole is going very well, with 5.7% unemployment, that’s well below a lot of comparable nations. It has gone down this year, not up and if you look at the states that are doing better than that with a lower unemployment rate, the Northern Territory and ACT are performing best however some other states particularly South Australia and Tasmania are a bit behind.

Watch Mark McCrindle's full interview on The Daily Edition here

Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare

Last 150 Articles


data economy engage geomapping research on coffee SA presentations culturally diverse report waverton tea moreton bay Australian Dream volunteering data urban living growth toys Willowdale graphs life McCridle education research data analyst easter event father's day 1968 Myth award the great screenage Australian community trends logan christmas trees Bathburst storytelling wellbeing dreams housing market property price identity volunteering Deaths Charlotte cold rising house prices insights population milestone generational trends media activity English house prices 24 million SMART not-for-profit statistics innovation Christmas lunch January 26th community engagement entrepreneurial financial independence Melbourne Merry Christmas CPI Christmas data Australia Day jobs baby names report conferences crime apartments etiquette research Cobbitty-Leppington victoria VET sector 2015 poor analysis James Ward parents Love celebration Real Estate brand experience rental stress Northern beaches Event brand entrepreneur not for profit research winter blues ACF long weekend socialites aged care speajer shopping centre Engineering Manager national wealth google for education mccrindle in the media buildings litter personalities salary Scouts non profit winter SRE christianity government community event survey stats manly results coffee optimistic collaboration school satisfaction australians staying home more experience choice workers Kirsten Brewer Skilling house price TED leader care support Mark McCrindle in the media housing growth online medicine in depth interviews authenticity gig the changing face of 2016 happiness high school speakers McCrindle Keynote Speakers state communication professional speaker Black Friday Sales easy rider vegetarian social social analyst who is generation z holiday futurist acf15 clothing world US demographics trends analyst follow Wellington education sector wealth inequality states relational PSI interactive australian hills TEDx Speaker gen z housing affordability Australian Census define public speaking eliane balance group sector wide study happy holidays social analysis small business NBRS Architecture travelling wealth impact investing fears local community new york times residents potts point wedding training Social Trend research report employment friends commuting australian social research young people media commentary dreaming Canberra growth of sydney pharmacy NBRS megatrends sunburnt country 2020 professional presenters mining boom royal baby click brisbane annual income Black Friday gig economy networking financial future alpha selfie forecasting wealth and income World Water Day capital cities pharmacies 2013 Hornsby Shire Council school students city speaker meetings VIC faux-cilising rule keeper innovative shifts Sydney keynote speaker school environmental scanning woolworths contiki dare to dream christian household debate youth financial fears urban development Australian schools generation office sydneycity Black Friday in Australia mover and shaker Crime Rates sydney hills Do It Yourself ACF17 cash Caregiver Channel 7 purpose the hills supply and demand mentor ACF 2016 sydney property market Northern Beaches Christian School mobile Australians 1975 wealth distribution Lower Hunter huffington post future Australia street internet consumer blaxland visual Sydney’s south west newspaper population thought leadership office space NT future of work spend unaffordable house Tasmania chairty global McCrindle Speaker curiosity investment sunny days financial dreams FPA NEETs 10 years Christchurch conference speaker the lucky country optus my business awards growing population outsourcing Christmas presents Education Future Forum cost of living Australian demographics Financial Planning Association of Australia TED talk 40 million SMSF jobs of the future showreel demographic transformations Macquarie University population map paying to work society trends trades relevant career ACT screenage staying in eliane miles census fail tuesday charity media release students Performance Sentiment Index australian communities trends report video rich research pack internship households retirement What is food insecurity? media sports 23 million suburb aged care puzzle cartodb social issues home ownership Christmas research demography 1980 tv NSW summer motivate baby name family Kiwi social researchers earnings office opening belief hunger collaborative resource grave decision weather norwest tertiary education kate middleton ashley mckenzie staff social change high density New Zealand politics marketing Royals Christmas Stats men finance work mates daily commute rain global retail the australian dream fresh entertainment neutral bay education future report REIV National Conference commute marriages mythbusting gen alpha cica Christmas day cancelling plans budget sydney event work from home monarchy donate home suburbs online shopping giving proactive lalor park Mark McCrindle micro equip apartment research visualisation ipswich 2017 omnibus social researcher hobart survey design food hornsby millionth average sydneysider Population Clock story marrickville real environment optus dream christmas 2017 workplace product facts village ABS change nativity scene Gen X food insecurity millennials learning styles global generations social life property development increasing densification gender low density digital economy sector wide shopping TDE sydney metro generation Z mccrinlde cultural diveristy organisational culture learning market research post rationalism charities student Jura Coffee insight culture hopes social commentary Generation X Research Executive urban ageing population names sydney speaker casual year 7 coffee lovers Res Vis deloitte bus Tuesday Trends publication hills shire employmer February 16 weekly earnings social shifts demographer healthy future Vocational education work moderators guide families sentiments tips #censusfail Work place award winner gold coast qualitative research financial debt faith perth university social media Christmas day weather money youth unemployment case study thrive Elderslie-Harrington park young australians Aussie dessert personal growth Retail teaching Queensland leadership workshop New South Wales average aussie child care breakfast sustainable princess charlotte Netflix focus group social enquiry wealth and income distribution professional services mortgage Assistant Store Manager property market ACF2017 census South Australia wages Valentine’s Day capital city australian community trends report DESTEL ideas poker master australian real estate food bank the hills shire wage leadership investor marriage workshop Australian Trends DIY Jura Australia FOMO skills Word Up 1994 meals Hunter Valley high density apartments hello fresh speakers pack future proof goals Maxim Accounting year 12 overcast living royal family cars mccrindle Australian Families menai changing face of sydney social lives religion Territory cancelling event new office criminal cancel plans Australia Day 2017 anzac vegemite plans internships energy home owner Hills Shire Council grandparents volunteers Australian Home average Australian darwin Northern Territory rent future proofing society Financial Planning Association couple ethnography slideshare parenting live the dream forum Australian Communities Trends challenge VET program australian communities forum housing trends emerging generations panel twentyseventeen global financial crisis house price rise participants seasons affordability employmee study suburban living commuters earning Births brands greatness urban taskforce owning a home census results mateship public holiday cost faux-ciliser Adelaide GPO language priorities 24,000,000 communities Northern Beaches Generation Y spirituality unemployment 2016 census results faux-cilise younger generations communicate Gen Z Expert System's Architect keynote Sydney Lifestyle Study future of education goal researcher Gen Y Queensland: QLD future-proof recap micro apartments HSC seasons greetings Channel Seven Wodonga 2012 tattoos bureau Christmas season Western Australia professional mccrindle research responsive Wagga Wagga social research narcissism "know the times" world youth day australia emerging technologies townhouses property domestic children daily telegraph learn generation alpha Sydney Hills Business Chamber demographic Real Estate Institute of Victoria community urban living index TAS census data Sydney population socialising business performance schools land of the middle class infographic cooking water affordable builders in the media trends of 2016 EFF work-life snapshot research data public speaker ageing learner sydneysider technology friendship workplace culture REIV Conference divorce donation employers events ferry local education schools students 2014 WA workforce local communities business index future of shopping The Daily Edition business data visualisation customer lifestyle baby names prince george university degree organisations aussie culture Lower Hunter Region renter of the future focus groups keynote speaker baby boom Business analysis repayments news New Zeland train offenders public transport infographic wall research services rise of local bondi church royal royal influence engagement typical australian emerging trends Tuesday Trend national crime rates financial planning high density living resilience cloudy days crows nest renting careers economic holidays trend screenagers middle class social impact group session quote nfp forecast CBD income area demographic trends going out wolloomooloo education future NFP event social trends housing trend tuesday visualisation Research Director IT Specialists google shopper's pick Australian communities trends national private wealth consumerism communications not for profit baby boomers professional development entrepreneurs of today Australian Bureau of Statistics sun The ABC of XYZ conference presentation digital mother's day mythbusters ultimo pyrmont generations Australian Population ACT Report know the times women sector teacher trends of 2017 safe baby name predictions educhat McCrindle Speakers Financial Planning Week conference millenials ashley fell JOMO 2016 census social commentator educated tableau transport volunteer christmas Geoff Brailey population growth divorce rate teach list car mccrindle tea Andrew Duffin baby names australia report intern travel teleworking census 2016 sydneysiders infographics Sydney stay home Christmas in Australia baby teachers the average aussie presentation shbc TEDx baby name trends cultural diversity sydney market ease of travel Mount Annan-Currant Hill earn Aussies Duchess of Cambridge