I would try http://www.abs.gov.au/ and ask for household income distributionHi,
Where would I find statistics about which % of the population you are in for a particular income.
For example, if I earned in round figures $100,000 would I be in the top 20%? 10%? 5%? Where would I find the latest information on that?
Brad, does it really matter? Would it make you feel so much better if you were at the 10% mark compared to the 15% mark? If you were to know the exact percentage, is it something that you then intend to brag about? No-one will CARE.
If you're on 6 figures (and good onya if you are) then all you need to know is that you are earning above the average. Isn't that good enough?
Agreed with what you're saying but $50K is wealthy compared to the situation faced by many.It really doesn't matter if you are on $100K or $50K as long as your spending is less than your income and your investments are positively geared, you will do fine.
Eventually your investments should realise a capital gain and you aren't going into debt with your spending.
The proviso is you keep your job and don't get too stressed.
Agreed with what you're saying but $50K is wealthy compared to the situation faced by many.
The wealth divide is much greater than many imagine and I say that as someone who has personally experienced both sides of it.
That would put the average income somewhere around $20-30k gross, just a guestimate, that's a far cry from the touted $60k+ average wage. Or is the touted $60k+ figure a household income not individual income?Cat. No. 2068.0 - 2006 Census Tables
2006 Census of Population and Housing
GROSS INDIVIDUAL INCOME (WEEKLY- INCLUDING ANNUAL RANGES)(a)
Count of persons aged 15 years and over
Based on place of usual residence
Negative Income 77,826
Nil Income 1,062,674
$1-$149 ($1-$7,799) 1,103,113
$150-$249 ($7,800-$12,999) 2,220,044
$250-$399 ($13,000-$20,799) 2,063,609
$400-$599 ($20,800-$31,199) 2,171,002
$600-$799 ($31,200-$41,599) 1,692,280
$800-$999 ($41,600-$51,999) 1,257,550
$1,000-$1,299 ($52,000-$67,599) 1,230,053
$1,300-$1,599 ($67,600-$83,199) 675,681
$1,600-$1,999 ($83,200-$103,999) 395,580
$2,000 or more ($104,000 or more) 551,753
Not stated 1,416,911
(a) Includes the gross income (including pensions and allowances) that the person usually receives each week.
© Commonwealth of Australia 2007
Don't know if this helps - quite out of date now of course, I was hoping that the most recent census info would be available, but no.
One thing I've noticed is that high income earners in general tend to overstate what an "average" wage is.
The $20k and below would be age pensioners and the unemployed.That would put the average income somewhere around $20-30k gross, just a guestimate, that's a far cry from the touted $60k+ average wage. Or is the touted $60k+ figure a household income not individual income?
Fashion industry. Small firm. Guess she is doing the hard yards now while she is young and doesn't have too many responsibilities (i.e., mortgage etc etc).