Murchison AreaEconomic profile
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Murchison Area

Resident workers - Individual income quartiles

In the Murchison Area, the 'lowest' quartile is the largest group, comprising 26% of the resident workers .

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
Murchison Area20162011Change
Quartile groupNumber%Tasmania %Number%Tasmania %2011 to 2016
Lowest group2,91426.425.03,07426.025.0-160
Medium lowest2,88726.125.02,99225.325.0-106
Medium highest2,68924.325.02,86424.225.0-175
Highest group2,55623.125.02,88224.425.0-326

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, Tasmania : 25.0% Medium highest, Tasmania : 25.0% Medium lowest, Tasmania : 25.0% Lowest group, Tasmania : 25.0% Highest group, Murchison Area - All industries : 23.1% Medium highest, Murchison Area - All industries : 24.3% Medium lowest, Murchison Area - All industries : 26.1% Lowest group, Murchison Area - All industries : 26.4%
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, Murchison Area - All industries : -326 Medium highest, Murchison Area - All industries : -175 Medium lowest, Murchison Area - All industries : -106 Lowest group, Murchison Area - All industries : -160
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 by income quartile in Murchison Area compared to Tasmania shows that there was lesser proportion of people in the highest income quartile, and a greater proportion in the lowest income quartile.

Emerging groups

The most significant change for the resident workers in Murchison Area between 2011 and 2016 was in the highest quartile which showed a slight decrease of -326 people.

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