Mean Average Household Income in Australia 2009-10

According to the ABS, the mean average gross household income per week, for 2009-10 was $1,688.

However, this can be analysed a bit more closely, into Five Quintiles, each with 20% of total households, using Table 8 of the ABS Household Expenditure Survey 2009-10, based on the Mean household net worth quintiles.

The top 20% of Households had an average Household income of $2,684 pw, and 24.3% of all these households were shown as having their source of income as other than employment or own business income. Not your average worker.

The bottom 20%, with an average Household income of $1,015 per week, showed that 43.3% of these households showed their source of income as Government pensions and allowances. Also not your average worker.

The middle three groups, each with 20% of total households, had average household incomes of: $1,522, $1,567 and $1,650 pw.

This appears to be the more ‘normal’ working household, with about 70% of all these households either employed or small self employed.


Agoda Hotel Bookings
Sponsor ai10

81.37% of this middle group own their own homes, either outright (41.5%), or mortgaged (58.5%).

95.6% of the highest income group own their own homes, either outright (63.9%), or mortgaged (36.1%).

89.8% of the lowest income group are renters.

A few of the specific features of each group of households:

Largest Household composition of each group:

Quintile 1: Single person
Quintile 2: Couple with dependent children
Quintile 3: Couple with dependent children
Quintile 4: Couple only
Quintile 5: Couple only

 

Source:

ABS 6530.0 – Household Expenditure Survey 2009-10 Table 8

 

0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x