City of Launceston
Resident workers - Individual income
City of Launceston labour force (Transport, Postal and Warehousing) have a lower proportion of people with high incomes ($1,750 or more per week) than Financial and Insurance Services.
The Individual Income levels of the local resident workers are directly linked to their knowledge, experience, qualifications, occupation and skill levels.
Income statistics in Northern Tasmania 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 Northern Tasmania 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|
|City of Launceston||2016|
|Gross weekly individual income||Number||%||Financial and Insurance Services%|
|Negative Income/ Nil income||3||0.3||0.4||3101|
|$1 - $149||10||0.9||0.4||3102|
|$150 - $299||44||3.8||0.7||3103|
|$300 - $399||57||4.9||2.2||3104|
|$400 - $499||58||5.0||1.6||3105|
|$500 - $649||103||8.8||7.3||3106|
|$650 - $799||164||14.0||10.3||3107|
|$800 - $999||185||15.8||16.1||3108|
|$1,000 - $1,249||212||18.1||19.1||3109|
|$1,250 - $1,499||99||8.5||12.0||3110|
|$1,500 - $1,749||90||7.7||10.5||3111|
|$1,750 - $1,999||53||4.5||5.1||3112|
|$2,000 - $2,999||36||3.1||8.6||3113|
|$3,000 or more||47||4.0||4.6||3114|
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: 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.
Analysis of the resident workers (Transport, Postal and Warehousing) individual income levels in City of Launceston in 2016 compared to Financial and Insurance Services shows that there was a lower proportion earning a high income (those earning $1,750 per week or more) and a higher proportion of low income persons (those earning less than $500 per week).
Overall, 11.6% of the resident workers (Transport, Postal and Warehousing) earned a high income, and 14.7% earned a low income, compared with 18.3% and 5.2% respectively for Financial and Insurance Services.
The major differences between the weekly income of the resident workers (Transport, Postal and Warehousing) in City of Launceston and Financial and Insurance Services were:
- A larger percentage of resident workers (Transport, Postal and Warehousing) earned $650 - $799 (14.0% compared to 10.3%)
- A larger percentage of resident workers (Transport, Postal and Warehousing) earned $400 - $499 (5.0% compared to 1.6%)
- A smaller percentage of resident workers (Transport, Postal and Warehousing) earned $2,000 - $2,999 (3.1% compared to 8.6%)
- A smaller percentage of resident workers (Transport, Postal and Warehousing) earned $1,250 - $1,499 (8.5% compared to 12.0%)