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.

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

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


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