Cradle Coast RegionEconomic profile
Skip to content

Cradle Coast Region

Resident workers - Individual income quartiles

In the Cradle Coast Region, the 'medium highest' quartile is the largest group, comprising 32% of the resident workers (Manufacturing).

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.

Income quartiles are used to condense income categories into manageable units, adjust for the effects of inflation, and allow areas to be compared over time relative to a benchmark. The incomes for the state are split into four equal groups, each containing 25% of the local labour force, and the quartiles allow users to compare changes in the local area to changes statewide, or against another benchmark. For more information on how quartiles are calculated please refer to the data notes.

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, Occupation, Qualification and the Age structure of the local resident workers, so the data should be looked at in conjunction with these topics.

Australian Bureau of Statistics (ABS) – Census 2011 and 2016 – by usual residence

Resident workers individual income quartiles
Cradle Coast Region20162011Change
Quartile groupNumber%Arts and Recreation Services %Number%Arts and Recreation Services %2011 to 2016
Lowest group53613.556.380014.939.0-264
Medium lowest97324.619.21,49027.828.4-517
Medium highest1,28232.414.71,79833.519.7-516
Highest group1,16529.59.71,28123.912.9-116

Source: Derived from the Australian Bureau of Statistics, Census of Population and Housing 2011 and 2016. Compiled and presented in profile.id by .id , the population experts.

Quartile group dollar ranges (Individuals)
Calculated from income data for Tasmania Weekly income by Census year
Individual quartile ranges
2016
2011
Lowest group $0 to $563 $0 to $495
Medium lowest $564 to $897 $496 to $793
Medium highest $898 to $1,364 $794 to $1,203
Highest group $1,365 and over $1,204 and over

Resident workers individual income quartiles, 2016
Resident workers individual income quartiles, 2016 Highest group, Cradle Coast Region - Arts and Recreation Services : 9.7% Medium highest, Cradle Coast Region - Arts and Recreation Services : 14.7% Medium lowest, Cradle Coast Region - Arts and Recreation Services : 19.2% Lowest group, Cradle Coast Region - Arts and Recreation Services : 56.3% Highest group, Cradle Coast Region - Manufacturing : 29.5% Medium highest, Cradle Coast Region - Manufacturing : 32.4% Medium lowest, Cradle Coast Region - Manufacturing : 24.6% Lowest group, Cradle Coast Region - Manufacturing : 13.5%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2016
Compiled and presented in economy.id by .id, the population experts.
Change in resident workers individual income quartiles, 2011 to 2016
Change in resident workers individual income quartiles, 2011 to 2016 Highest group, Cradle Coast Region - Manufacturing : -116 Medium highest, Cradle Coast Region - Manufacturing : -516 Medium lowest, Cradle Coast Region - Manufacturing : -517 Lowest group, Cradle Coast Region - Manufacturing : -264
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 and 2016
Compiled and presented in economy.id by .id, the population experts.

Dominant groups

Income quartiles allow us to compare relative income-earning capabilities across time. Analysis of the distribution of the resident workers (Manufacturing) by income quartile in Cradle Coast Region compared to Arts and Recreation Services shows that there was greater proportion of people in the highest income quartile, and a lesser proportion in the lowest income quartile.

Emerging groups

The most significant change for the resident workers (Manufacturing) in Cradle Coast Region between 2011 and 2016 was in the medium lowest quartile which showed a slight decrease of -517 people.

To continue building your economic story go to...

v19.09.08-1.0.0