King Island Council area
Resident workers - Individual income
King Island Council area labour force have a similar proportion of people with high incomes ($1,750 or more per week) as 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|
|King Island Council area||2016|
|Gross weekly individual income||Number||%||Tasmania%|
|Negative Income/ Nil income||3||0.4||0.7||3101|
|$1 - $149||8||1.0||3.7||3102|
|$150 - $299||29||3.7||4.5||3103|
|$300 - $399||34||4.3||5.0||3104|
|$400 - $499||45||5.7||6.4||3105|
|$500 - $649||79||10.0||10.2||3106|
|$650 - $799||122||15.4||12.2||3107|
|$800 - $999||113||14.2||13.6||3108|
|$1,000 - $1,249||99||12.5||13.6||3109|
|$1,250 - $1,499||75||9.5||8.9||3110|
|$1,500 - $1,749||68||8.6||7.3||3111|
|$1,750 - $1,999||33||4.2||4.8||3112|
|$2,000 - $2,999||47||5.9||5.3||3113|
|$3,000 or more||17||2.1||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 King Island Council area in 2016 compared to Tasmania shows that there was a similar proportion earning a high income (those earning $1,750 per week or more) and a lower proportion of low income persons (those earning less than $500 per week).
Overall, 12.2% of the resident workers earned a high income, and 15.0% 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 King Island Council area and Tasmania were:
- A larger percentage of resident workers earned $650 - $799 (15.4% compared to 12.2%)
- A larger percentage of resident workers earned $1,500 - $1,749 (8.6% compared to 7.3%)
- A larger percentage of resident workers earned Not stated (2.6% compared to 1.4%)
- A smaller percentage of resident workers earned $1 - $149 (1.0% compared to 3.7%)