Bankstown City CouncilEconomic profile

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Bankstown City

Resident workers (Local) - Individual income

Bankstown City local resident workers have a lower proportion of people with high incomes ($1500 or more per week) than Greater Sydney.

The Individual Income levels of the local resident workers are directly linked to their knowledge, experience, qualifications, occupation and skill levels.

Income statistics in Bankstown City, when analysed with other data sources, such as Age structure, Qualifications, Hours worked and Occupations, help to evaluate the economic opportunities and socio-economic status of Bankstown City.  This also indicates what knowledge and skill levels industry can draw upon locally.

Australian Bureau of Statistics (ABS) – Census 2006 and 2011 – by usual residence

Local resident workers individual income
Bankstown City2011
Gross weekly individual incomeNumber%Greater Sydney %
Negative Income/ Nil income8551.21.0
$1-$1993,2464.64.5
$200-$2993,3244.83.8
$300-$3994,4046.35.0
$400-$5999,64213.810.8
$600-$79912,15817.413.9
$800-$99910,14314.512.5
$1,000-$1,2498,83312.612.6
$1,250-$1,4995,7488.29.3
$1,500-$1,9996,2038.911.7
$2,000 or more3,8785.613.2
Not stated1,4222.01.6

Source: Australian Bureau of Statistics, Census of Population and Housing 2011. Compiled and presented in profile.id by .id , the population experts.

Local resident workers individual income, 2011
Local resident workers individual income, 2011 $2,000 or more, Greater Sydney: 13.2% $1,500-$1,999, Greater Sydney: 11.7% $1,250-$1,499, Greater Sydney: 9.3% $1,000-$1,249, Greater Sydney: 12.6% $800-$999, Greater Sydney: 12.5% $600-$799, Greater Sydney: 13.9% $400-$599, Greater Sydney: 10.8% $300-$399, Greater Sydney: 5.0% $200-$299, Greater Sydney: 3.8% $1-$199, Greater Sydney: 4.5% Negative Income/ Nil income, Greater Sydney: 1.0% $2,000 or more, Bankstown City: 5.6% $1,500-$1,999, Bankstown City: 8.9% $1,250-$1,499, Bankstown City: 8.2% $1,000-$1,249, Bankstown City: 12.6% $800-$999, Bankstown City: 14.5% $600-$799, Bankstown City: 17.4% $400-$599, Bankstown City: 13.8% $300-$399, Bankstown City: 6.3% $200-$299, Bankstown City: 4.8% $1-$199, Bankstown City: 4.6% Negative Income/ Nil income, Bankstown City: 1.2%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011
Compiled and presented in economy.id by .id, the population experts.

Dominant groups

Analysis of the local resident workers individual income levels in Bankstown City in 2011 compared to Greater Sydney shows that there was a lower proportion earning a high income (those earning $1,500 per week or more) and a higher proportion of low income persons (those earning less than $400 per week).

Overall, 14.4% of the local resident workers earned a high income, and 16.9% earned a low income, compared with 25.0% and 14.3% respectively for Greater Sydney.

The major differences between the weekly income of the local resident workers in Bankstown City and Greater Sydney were:

  • A larger percentage of local resident workers who earned $600-$799 (17.4% compared to 13.9%)
  • A larger percentage of local resident workers who earned $400-$599 (13.8% compared to 10.8%)
  • A smaller percentage of local resident workers who earned $2,000 or more (5.6% compared to 13.2%)
  • A smaller percentage of local resident workers who earned $1,500-$1,999 (8.9% compared to 11.7%)

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