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


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