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.
The amount of income an individual receives is linked to a number of factors including the person's employment status, age, qualifications and type of employment undertaken by the person.
Wages in Randwick City can vary greatly across industry sectors. 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, Occupations, Qualification and the Age structure of the local workers, so the data should be looked at in conjunction with these topics.
Australian Bureau of Statistics (ABS) – Census 2021 – by place of work
|Local workers individual income|
|Randwick City - All industries||2021|
|Gross weekly individual income||Number||%||New South Wales%|
|Negative Income/ Nil income||253||0.5||0.6|
|$1 - $149||829||1.6||2.2|
|$150 - $299||1,061||2.1||2.4|
|$300 - $399||1,188||2.4||2.7|
|$400 - $499||1,442||2.9||3.5|
|$500 - $649||2,615||5.2||6.1|
|$650 - $799||3,269||6.5||8.1|
|$800 - $999||4,547||9.0||10.9|
|$1,000 - $1,249||6,055||12.0||13.1|
|$1,250 - $1,499||5,314||10.5||10.4|
|$1,500 - $1,749||5,360||10.6||9.2|
|$1,750 - $1,999||4,775||9.5||7.2|
|$2,000 - $2,999||8,211||16.3||13.3|
|$3,000 - $3,499||1,794||3.6||3.2|
|$3,500 or more||3,174||6.3||6.2|
Please refer to specific data notes for more information
Analysis of the individual income levels in Randwick City in 2021 compared to New South Wales shows that there was a higher 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, 30.3% of the local workers earned a high income, and 9.5% earned a low income, compared with 24.6% and 11.5% respectively for New South Wales.
The major differences between the weekly income of the local workers in Randwick City and New South Wales were:
- A larger percentage of local workers who earned $2,000 - $2,999 (16.3% compared to 13.3%)
- A larger percentage of local workers who earned $1,750 - $1,999 (9.5% compared to 7.2%)
- A smaller percentage of local workers who earned $800 - $999 (9.0% compared to 10.9%)
- A smaller percentage of local workers who earned $650 - $799 (6.5% compared to 8.1%)