Cradle Coast Region
Resident workers - Individual income
The Cradle Coast Region labour force have a lower proportion of people with high incomes ($1,750 or more per week) than Tasmania.
The Individual Income levels of the local resident workers are directly linked to their knowledge, experience, qualifications, occupation and skill levels.
Income statistics in Cradle Coast Region, 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 Cradle Coast Region. 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|
|Cradle Coast Region||2016|
|Gross weekly individual income||Number||%||Tasmania%|
|Negative Income/ Nil income||374||0.8||0.7||3101|
|$1 - $149||1,708||3.9||3.7||3102|
|$150 - $299||2,070||4.7||4.5||3103|
|$300 - $399||2,390||5.4||5.0||3104|
|$400 - $499||3,164||7.1||6.4||3105|
|$500 - $649||4,873||11.0||10.2||3106|
|$650 - $799||5,749||13.0||12.2||3107|
|$800 - $999||6,094||13.7||13.6||3108|
|$1,000 - $1,249||5,841||13.2||13.6||3109|
|$1,250 - $1,499||3,643||8.2||8.9||3110|
|$1,500 - $1,749||3,001||6.8||7.3||3111|
|$1,750 - $1,999||1,976||4.5||4.8||3112|
|$2,000 - $2,999||1,980||4.5||5.3||3113|
|$3,000 or more||776||1.8||2.4||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.
Compiled and presented in economy.id by .id, the population experts.
Analysis of the resident workers individual income levels in the Cradle Coast Region in 2016 compared to Tasmania shows that there was a lower proportion earning a high income (those earning $1,750 per week or more) and a higher proportion of low income persons (those earning less than $500 per week).
Overall, 10.7% of the resident workers earned a high income, and 21.9% earned a low income, compared with 12.5% and 20.3% respectively for Tasmania.
The major differences between the weekly income of the resident workers in the Cradle Coast Region and Tasmania were:
- A larger percentage of resident workers earned $500 - $649 (11.0% compared to 10.2%)
- A larger percentage of resident workers earned $650 - $799 (13.0% compared to 12.2%)
- A larger percentage of resident workers earned $400 - $499 (7.1% compared to 6.4%)
- A smaller percentage of resident workers earned $2,000 - $2,999 (4.5% compared to 5.3%)