Resident workers - Individual income
The Cook Shire labour force have a higher proportion of people with high incomes ($1,750 or more per week) than Financial and Insurance Services.
The Individual Income levels of the local resident workers are directly linked to their knowledge, experience, qualifications, occupation and skill levels.
Income statistics in Cook Shire Council, 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 Cook Shire Council. This also indicates what knowledge and skill levels industry can draw upon locally.
Australian Bureau of Statistics (ABS) – Census 2016 – by usual residence
|Resident workers individual income|
|Gross weekly individual income||Number||%||Financial and Insurance Services%|
|Negative Income/ Nil income||28||1.6||0.0||3101|
|$1 - $149||31||1.8||0.0||3102|
|$150 - $299||76||4.5||0.0||3103|
|$300 - $399||95||5.6||0.0||3104|
|$400 - $499||115||6.7||0.0||3105|
|$500 - $649||174||10.2||0.0||3106|
|$650 - $799||230||13.5||0.0||3107|
|$800 - $999||226||13.2||0.0||3108|
|$1,000 - $1,249||237||13.9||0.0||3109|
|$1,250 - $1,499||147||8.6||0.0||3110|
|$1,500 - $1,749||113||6.6||0.0||3111|
|$1,750 - $1,999||70||4.1||0.0||3112|
|$2,000 - $2,999||81||4.7||0.0||3113|
|$3,000 or more||24||1.4||0.0||3114|
Source: Australian Bureau of Statistics, Census of Population and Housing (opens a new window) 2016. Compiled and presented in profile.id by .id (opens a new window), the population experts.
Analysis of the resident workers individual income levels in the Cook Shire in 2016 compared to Financial and Insurance Services shows that there was a higher proportion earning a high income (those earning $1,750 per week or more) as well as a higher proportion of low income persons (those earning less than $500 per week).
Overall, 10.3% of the resident workers earned a high income, and 20.2% earned a low income, compared with 0.0% and 0.0% respectively for Financial and Insurance Services.
The major differences between the weekly income of the resident workers in the Cook Shire and Financial and Insurance Services were:
- A larger percentage of resident workers earned $1,000 - $1,249 (13.9% compared to 0.0%)
- A larger percentage of resident workers earned $650 - $799 (13.5% compared to 0.0%)
- A larger percentage of resident workers earned $800 - $999 (13.2% compared to 0.0%)
- A larger percentage of resident workers earned $500 - $649 (10.2% compared to 0.0%)