Northern Tasmania RegionEconomic profile
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City of Launceston

Resident workers - Individual income quartiles

In City of Launceston, the 'highest' quartile is the largest group, comprising 36% of the resident workers (Financial and Insurance Services).

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
City of Launceston20162011Change
Quartile groupNumber%Tasmania %Number%Tasmania %2011 to 2016
Lowest group628.49.5839.012.0-21
Medium lowest16622.620.918119.720.5-15
Medium highest24433.232.035839.134.4-114
Highest group26235.737.529532.233.2-33

The Northern Tasmania region includes the following 8 LGAs; Break O'Day (M), Dorset (M), Flinders (M), George Town (M), Launceston (C), Meander Valley (M), Northern Midlands (M) & West Tamar (M).

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 - Financial and Insurance Services  : 37.5% Medium highest, Tasmania - Financial and Insurance Services  : 32.0% Medium lowest, Tasmania - Financial and Insurance Services  : 20.9% Lowest group, Tasmania - Financial and Insurance Services  : 9.5% Highest group, City of Launceston - Financial and Insurance Services : 35.7% Medium highest, City of Launceston - Financial and Insurance Services : 33.2% Medium lowest, City of Launceston - Financial and Insurance Services : 22.6% Lowest group, City of Launceston - Financial and Insurance Services : 8.4%
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, City of Launceston - Financial and Insurance Services : -33 Medium highest, City of Launceston - Financial and Insurance Services : -114 Medium lowest, City of Launceston - Financial and Insurance Services : -15 Lowest group, City of Launceston - Financial and Insurance Services : -21
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 (Financial and Insurance Services) by income quartile in City of Launceston compared to Tasmania shows that there was lesser proportion of people in the highest income quartile, as well as a lesser proportion in the lowest income quartile.

Emerging groups

The most significant change for the resident workers (Financial and Insurance Services) in City of Launceston between 2011 and 2016 was in the medium highest quartile which showed a slight decrease of -114 people.

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