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Cairns

Local workers - Individual income - Financial and Insurance Services

In Cairns, 21.1% of the Financial and Insurance Services earned $1,750 or more per week.

Individual Income is an indicator of socio-economic status, skills and occupations required in a particular industry. With other data sources, such as Qualifications and Occupation, it helps to evaluate the economic opportunities of people in an industry.

The amount of income an individual receives is linked to a number of factors including the person's employment status, age, qualifications and type of employment undertaken by the person.

Wages in Cairns can vary greatly across industry sectors. As well as being related to the type of jobs and qualifications required in a particular industry, income levels can be related to the level of part-time employment, Occupations, Qualifications and the Age structure of the local workers, so the data should be looked at in conjunction with these topics.

Australian Bureau of Statistics (ABS) – Census 2016 – by place of work

Local workers individual income
Cairns - Financial and Insurance Services2016
Gross weekly individual incomeNumber%Professional, Scientific and Technical Services %
Negative Income/ Nil income60.60.9
$1 - $14930.31.5
$150 - $299171.62.5
$300 - $399222.13.3
$400 - $499393.64.0
$500 - $649757.05.8
$650 - $7991069.99.8
$800 - $99915014.013.6
$1,000 - $1,24918317.115.0
$1,250 - $1,4991039.611.1
$1,500 - $1,74912912.09.1
$1,750 - $1,999666.26.1
$2,000 - $2,9991039.69.7
$3,000 or more575.36.6
Not stated131.20.9

Source: Australian Bureau of Statistics, Census of Population and Housing 2016. Compiled and presented by .id , the population experts.

Local workers individual income, 2016
Local workers individual income, 2016 Not stated, Professional, Scientific and Technical Services: 0.9% $3,000 or more, Professional, Scientific and Technical Services: 6.6% $2,000 - $2,999, Professional, Scientific and Technical Services: 9.7% $1,750 - $1,999, Professional, Scientific and Technical Services: 6.1% $1,500 - $1,749, Professional, Scientific and Technical Services: 9.1% $1,250 - $1,499, Professional, Scientific and Technical Services: 11.1% $1,000 - $1,249, Professional, Scientific and Technical Services: 15.0% $800 - $999, Professional, Scientific and Technical Services: 13.6% $650 - $799, Professional, Scientific and Technical Services: 9.8% $500 - $649, Professional, Scientific and Technical Services: 5.8% $400 - $499, Professional, Scientific and Technical Services: 4.0% $300 - $399, Professional, Scientific and Technical Services: 3.3% $150 - $299, Professional, Scientific and Technical Services: 2.5% $1 - $149, Professional, Scientific and Technical Services: 1.5% Negative Income/ Nil income, Professional, Scientific and Technical Services: 0.9% Not stated, Financial and Insurance Services: 1.2% $3,000 or more, Financial and Insurance Services: 5.3% $2,000 - $2,999, Financial and Insurance Services: 9.6% $1,750 - $1,999, Financial and Insurance Services: 6.2% $1,500 - $1,749, Financial and Insurance Services: 12.0% $1,250 - $1,499, Financial and Insurance Services: 9.6% $1,000 - $1,249, Financial and Insurance Services: 17.1% $800 - $999, Financial and Insurance Services: 14.0% $650 - $799, Financial and Insurance Services: 9.9% $500 - $649, Financial and Insurance Services: 7.0% $400 - $499, Financial and Insurance Services: 3.6% $300 - $399, Financial and Insurance Services: 2.1% $150 - $299, Financial and Insurance Services: 1.6% $1 - $149, Financial and Insurance Services: 0.3% Negative Income/ Nil income, Financial and Insurance Services: 0.6%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2016
Compiled and presented in economy.id by .id, the population experts.

Dominant groups

Analysis of the Financial and Insurance Services individual income levels in Cairns in 2016 compared to the Professional, Scientific and Technical Services workforce within Cairns shows that there was a lower proportion earning a high income (those earning $1,750 per week or more) as well as a lower proportion of low income persons (those earning less than $500 per week).

Overall, 21.1% of the Financial and Insurance Services earned a high income, and 8.1% earned a low income, compared with 22.5% and 12.2% respectively for the Professional, Scientific and Technical Services workforce within Cairns.

The major differences between the weekly income of the Financial and Insurance Services in Cairns and the Professional, Scientific and Technical Services workforce were:

  • A larger percentage of local workers who earned $1,500 - $1,749 (12.0% compared to 9.1%)
  • A larger percentage of local workers who earned $1,000 - $1,249 (17.1% compared to 15.0%)
  • A smaller percentage of local workers who earned $1,250 - $1,499 (9.6% compared to 11.1%)
  • A smaller percentage of local workers who earned $3,000 or more (5.3% compared to 6.6%)

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