The Individual Income levels of the local resident workers are directly linked to their knowledge, experience, qualifications, occupation and skill levels.
Income statistics King Island 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 King Island Council area. This also indicates what knowledge and skill levels industry can draw upon locally.
Data source
Australian Bureau of Statistics (ABS) – Census 2021 – by usual residence
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| Resident workers individual income | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| King Island Council area - Persons | 2021 | ||||||||
| Gross weekly individual income | Number | % | Tasmania% | ||||||
| Negative Income/ Nil income | 18 | 2.2 | 0.6 | ||||||
| $1 - $149 | 13 | 1.6 | 2.7 | ||||||
| $150 - $299 | 17 | 2.0 | 3.1 | ||||||
| $300 - $399 | 21 | 2.5 | 3.5 | ||||||
| $400 - $499 | 34 | 4.1 | 4.7 | ||||||
| $500 - $649 | 66 | 7.9 | 8.0 | ||||||
| $650 - $799 | 84 | 10.1 | 10.0 | ||||||
| $800 - $999 | 115 | 13.8 | 12.9 | ||||||
| $1,000 - $1,249 | 137 | 16.5 | 15.1 | ||||||
| $1,250 - $1,499 | 89 | 10.7 | 10.6 | ||||||
| $1,500 - $1,749 | 75 | 9.0 | 8.9 | ||||||
| $1,750 - $1,999 | 34 | 4.1 | 6.4 | ||||||
| $2,000 - $2,999 | 67 | 8.1 | 8.9 | ||||||
| $3,000 - $3,499 | 18 | 2.2 | 1.5 | ||||||
| $3,500 or more | 26 | 3.1 | 2.5 | ||||||
| Not stated | 17 | 2.0 | 0.8 | ||||||
| Total Persons | 831 | 100.0 | 100.0 | ||||||
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Compiled and presented by .id (informed decisions) Please refer to specific data notes for more information | |||||||||
Dominant groups
Analysis of the resident workers individual income levels in King Island Council area in 2021 compared to Tasmania shows that there was a similar 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, 16.4% of the resident workers earned a high income, and 12.4% earned a low income, compared with 17.5% and 14.6% respectively for Victoria.
The major differences between the weekly income of the resident workers in King Island Council area and Tasmania were:
- A smaller percentage of resident workers earned $1,750 - $1,999 (4.1% compared to 6.4%)
- A larger percentage of resident workers earned Negative Income/ Nil income (2.2% compared to 0.6%)
- A larger percentage of resident workers earned $1,000 - $1,249 (16.5% compared to 15.1%)
- A larger percentage of resident workers earned Not stated (2.0% compared to 0.8%)