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Median household income in Australia and New Zealand

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Australian total gross income per capita

Median household income is commonly used to measure the relative prosperity of populations in different geographical locations. It divides households into two equal segments with the first half of households earning less than the median household income and the other half earning more.

New Zealand and Australia are gradually being economically integrated through a process known as "Closer Economic Relations (CER)". Their citizens are free to travel, live and work in either country. Information about their relative median household incomes is of interest, especially for those considering migration.

The latest release shows that the median gross household income in 2013–2014 was $80,704, and the average of all households was $107,276.

Median household income in NZ 2004–2008

Median weekly household income in New Zealand increased at a rate of about 3.5% a year from 2004 to 2008. In June 2004 it was (NZ)$992, June 2005 was $1,040, June 2006 was $1,129, June 2007 was $1,203, June 2008 was $1,271.

Median household income in NZ 2009–2011

Median weekly household income in New Zealand fell slightly or stagnated from 2009 to 2010 during the "great recession" period. In June 2009 it was $1,234 and June 2010 it was $1,236. In 2011 household incomes recovered to beyond the high of 2008 again – median weekly household incomes increased again to $1,289.

Median household income in 2007–2008

Income data for each state (or territory) has been converted to U.S. dollars using purchasing power parity for private and public consumption. This is done because it provides a more accurate and stable assessment of the true value of citizens' incomes in diverse countries.

LocationPopulationMedian household income (local currency)Median household income (PPP US$)
Australia19,855,328$66,820$43,960
New South Wales6,549,177$66,820$43,960
Victoria4,932,422$66,872$43,994
Queensland3,904,532$68,276$44,918
Western Australia1,959,084$72,800$47,894
South Australia1,514,377$55,848$36,742
Australian Capital Territory324,034$91,624$60,278
Northern Territory192,898$86,788$57,097
Tasmania476,481$50,705
New Zealand4,100,000url=http://www.stats.govt.nz/browse_for_stats/income-and-work/Income/NZIncomeSurvey_HOTPJun11qtr.aspxtitle=June 2011 Income Surveydate=1 June 2011work=Statistics New Zealandaccess-date=10 December 2011}} (Average, not median)$44,985

Main source: Australian Bureau of Statistics, Household Income and Income Distribution, Australia 2007–08 .

  • Note : The NZ figure is Average Household Income and not Median Household Income. No source for Median Income found. The figure for NZ Median Household Income is likely to be slightly less. Note: GDP per capita cannot be used to predict median household income (See median household income).*

Median household income in 2011–2012

There were no significant changes in income between 2009–10 and 2011–12.

LocationPopulationtitle=Household Income and Income Distribution, Australia, 2011–12url=http://www.ausstats.abs.gov.au/Ausstats/subscriber.nsf/0/B0530ECF7A48B909CA257BC80016E4D3/$File/65230_2011-12.pdfpublisher=Australian Bureau of Statisticsaccess-date=9 April 2015}}Median household income (PPP US$)
AustraliaA$47,736
Australian Capital Territory
Northern Territory
Western Australia
Queensland
Victoria
New South Wales
South Australia
Tasmania
New Zealand

Median gross household income in 2013–2014

The median gross household income in 2013–2014 was $80,704.

Median gross household income in 2017–2018

The median gross household income in 2017-2018 is A$1,701 per week or A$88,695 per year. As of 30 June 2018 (end of fiscal year), one Australia dollar is equivalent of 0.7406 U.S. dollar. Using this exchange rate, the median gross household income in Australia is US$65,687 in 2017–18.

References

References

  1. (2015-09-10). "Australia's rich are getting richer. Everyone else is stagnating". The Guardian.
  2. "New Zealand Income Survey (June 2004 quarter)".
  3. "Archived copy".
  4. "Archived copy".
  5. "Archived copy".
  6. "Archived copy".
  7. "New Zealand Income Survey: June 2010 quarter".
  8. "Archived copy".
  9. "Archived copy".
  10. [http://stats.oecd.org/Index.aspx?datasetcode=SNA_TABLE4 PPPs and exchange rates]
  11. (1 June 2011). "June 2011 Income Survey". Statistics New Zealand.
  12. (20 August 2009). "Household Income and Income Distribution, Australia, 2007–08".
  13. "Household Income and Income Distribution, Australia, 2011–12 - Summary of Findings". Australian Bureau of Statistics.
  14. "Household Income and Income Distribution, Australia, 2011–12". Australian Bureau of Statistics.
  15. "New Zealand Income Survey: June 2012 quarter". Statistics New Zealand.
  16. Statistics, c=AU; o=Commonwealth of Australia; ou=Australian Bureau of. (2019-07-12). "Main Features - Key Findings".
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