The Inner West Council area labour force have a higher proportion of persons with high incomes ($1,750 or more per week) than New South Wales.
The Individual Income levels of the local resident workers are directly linked to their knowledge, experience, qualifications, occupation and skill levels.
Income statistics the Inner West Council area, when analysed with other data sources, such as Age structure, Qualification , Hours worked and Occupations , help to evaluate the economic opportunities and socio-economic status of the Inner West Council area. 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|
|Inner West Council area - Persons||2016|
|Gross weekly individual income||Number||%||New South Wales%|
|Negative Income/ Nil income||507||0.5||0.7|
|$1 - $149||1,809||1.8||3.2|
|$150 - $299||2,586||2.6||3.8|
|$300 - $399||3,091||3.1||4.3|
|$400 - $499||3,791||3.8||5.2|
|$500 - $649||5,867||5.9||8.1|
|$650 - $799||7,403||7.4||10.2|
|$800 - $999||9,775||9.8||12.3|
|$1,000 - $1,249||12,046||12.1||13.0|
|$1,250 - $1,499||9,910||10.0||9.2|
|$1,500 - $1,749||9,402||9.4||8.0|
|$1,750 - $1,999||7,287||7.3||5.8|
|$2,000 - $2,999||13,862||13.9||9.0|
|$3,000 or more||11,038||11.1||5.8|
Please refer to specific data notes for more information
Analysis of the resident workers individual income levels in the Inner West Council area in 2016 compared to New South Wales shows that there was a higher proportion earning a high income (those earning $1,750 per week or more) as well as a similar proportion of low income persons (those earning less than $500 per week).
Overall, 32.3% of the resident workers earned a high income, and 11.8% earned a low income, compared with 20.6% and 17.1% respectively for Victoria.
The major differences between the weekly income of the resident workers in the Inner West Council area and New South Wales were:
- A larger percentage of resident workers earned $3,000 or more (11.1% compared to 5.8%)
- A larger percentage of resident workers earned $2,000 - $2,999 (13.9% compared to 9.0%)
- A smaller percentage of resident workers earned $650 - $799 (7.4% compared to 10.2%)
- A smaller percentage of resident workers earned $800 - $999 (9.8% compared to 12.3%)