About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Melbourne Beach. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Melbourne Beach. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Melbourne Beach, the median household income stands at $170,114 for householders within the 25 to 44 years age group, followed by $90,125 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $75,438.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Melbourne Beach median household income by age. You can refer the same here

Between 1975 and 2023, the mean weekly earnings of male full-time employees in Australia have exceeded those of their female equivalents. In August 2023, at 1,991.2 Australian dollars, the mean weekly earnings of a male full-time employee in Australia was 257 Australian dollars more than an equivalent female's weekly earnings, at 1734.2 Australian dollars.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Melbourne. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Melbourne. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Melbourne, the median household income stands at $81,964 for householders within the 45 to 64 years age group, followed by $66,250 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $55,625.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Melbourne median household income by age. You can refer the same here

In 2024, the average annual wage in Australia had reached ******* Australian dollars. Since 2000, the average wage in Australia has increased by around ****** Australian dollars. Since 2018, the average wage in Australia has remained fairly stagnant.

The 1991 Census Basic Community profiles present 57 tables containing summary characteristics of persons and/or dwellings for Census Collection Districts (CD) in Australia. This table contains data relating to annual individual income by age. Counts are of persons aged 15 years or more, based on place of enumeration on census night which; includes overseas visitors; excludes Australians overseas; and excludes adjustment for under-enumeration. The data is by CD 1991 boundaries. Periodicity: 5-Yearly. This data is ABS data (cat. no. 2101.0 & original geographic boundary cat. no. 1261.0.30.001) used with permission from the Australian Bureau of Statistics. The tabular data was extracted from CDATA91 which was supplied to AURIN by the University of Melbourne. The cleaned, high resolution 1991 geographic boundaries are available from data.gov.au For more information please refer to the 1991 Census Dictionary

As of August 2023, the mean weekly earnings of full-time employees in Australia were 1,885.6 Australian dollars. This is an increase of 62 Australian dollars a week.

About this dataset

Context

The dataset tabulates the Melbourne household income by age. The dataset can be utilized to understand the age-based income distribution of Melbourne income.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Melbourne, AR annual median income by age groups dataset (in 2022 inflation-adjusted dollars)
• Age-wise distribution of Melbourne, AR household incomes: Comparative analysis across 16 income brackets

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Melbourne income distribution by age. You can refer the same here

Average Number of Persons in Household: Non Family: Lone Person: Age: Under 18 Years data was reported at 0.000 Person in 2020. This stayed constant from the previous number of 0.000 Person for 2018. Average Number of Persons in Household: Non Family: Lone Person: Age: Under 18 Years data is updated yearly, averaging 0.000 Person from Jun 2006 (Median) to 2020, with 8 observations. The data reached an all-time high of 0.000 Person in 2020 and a record low of 0.000 Person in 2020. Average Number of Persons in Household: Non Family: Lone Person: Age: Under 18 Years data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.H037: Survey of Income and Housing: Average Number of Persons in Household: by Age.

Average Number of Persons in Household: Multiple Family data was reported at 5.300 Person in 2020. This records a decrease from the previous number of 5.500 Person for 2018. Average Number of Persons in Household: Multiple Family data is updated yearly, averaging 5.300 Person from Jun 2004 (Median) to 2020, with 9 observations. The data reached an all-time high of 5.500 Person in 2018 and a record low of 5.100 Person in 2008. Average Number of Persons in Household: Multiple Family data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.H037: Survey of Income and Housing: Average Number of Persons in Household: by Age.

Australia Average Number of Persons in Household: Non Family: Group Households data was reported at 2.400 Person in 2020. This records a decrease from the previous number of 2.500 Person for 2018. Australia Average Number of Persons in Household: Non Family: Group Households data is updated yearly, averaging 2.400 Person from Jun 2001 (Median) to 2020, with 11 observations. The data reached an all-time high of 2.600 Person in 2016 and a record low of 2.200 Person in 2001. Australia Average Number of Persons in Household: Non Family: Group Households data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.H037: Survey of Income and Housing: Average Number of Persons in Household: by Age.

Australia Average Number of Persons in Household: Multiple Family: Age: Under 18 Years data was reported at 1.100 Person in 2020. This records a decrease from the previous number of 1.200 Person for 2018. Australia Average Number of Persons in Household: Multiple Family: Age: Under 18 Years data is updated yearly, averaging 1.200 Person from Jun 2004 (Median) to 2020, with 9 observations. The data reached an all-time high of 1.400 Person in 2016 and a record low of 1.100 Person in 2020. Australia Average Number of Persons in Household: Multiple Family: Age: Under 18 Years data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.H037: Survey of Income and Housing: Average Number of Persons in Household: by Age.

The 1991 Census Basic Community profiles present 57 tables containing summary characteristics of persons and/or dwellings for Statistical Local Areas (SLA) in Australia. This table contains data relating to annual individual income by age. Counts are of persons aged 15 years or more, based on place of enumeration on census night which; includes overseas visitors; excludes Australians overseas; and excludes adjustment for under-enumeration. The data is by SLA 1991 boundaries. Periodicity: 5-Yearly. This data is ABS data (cat. no. 2101.0 & original geographic boundary cat. no. 1261.0.30.001) used with permission from the Australian Bureau of Statistics. The tabular data was processed and supplied to AURIN by the Australian Data Archives. The cleaned, high resolution 1991 geographic boundaries are available from data.gov.au. For more information please refer to the 1991 Census Dictionary.

In June 2022, it was estimated that around 7.3 percent of Australians were aged between 25 and 29, and the same applied to people aged between 30 and 34. All in all, about 55 percent of Australia’s population was aged 35 years or older as of June 2022. At the same time, the age distribution of the country also shows that the share of children under 14 years old was still higher than that of people over 65 years old. A breakdown of Australia’s population growth Australia is the sixth-largest country in the world, yet with a population of around 26 million inhabitants, it is only sparsely populated. Since the 1970s, the population growth of Australia has remained fairly constant. While there was a slight rise in the Australian death rate in 2022, the birth rate of the country decreased after a slight rise in the previous year. The fact that the birth rate is almost double the size of its death rate gives the country one of the highest natural population growth rates of any high-income country.
National distribution of the population Australia’s population is expected to surpass 28 million people by 2028. The majority of its inhabitants live in the major cities. The most populated states are New South Wales, Victoria, and Queensland. Together, they account for over 75 percent of the population in Australia.

The 1991 Census Usual Residents Community Profiles present 25 tables containing summary characteristics of usual residents for Statistical Local Areas (SLA) in Australia. This table contains data relating to annual individual income by age and sex. Counts are of persons aged 15 years or more, based on their usual place of residence; excludes Australians overseas; and excludes adjustment for under-enumeration. The data is by SLA 1991 boundaries. Periodicity: 5-Yearly. This data is ABS data (cat. no. 2101.0 & original geographic boundary cat. no. 1261.0.30.001) used with permission from the Australian Bureau of Statistics. The tabular data was processed and supplied to AURIN by the Australian Data Archives. The cleaned, high resolution 1991 geographic boundaries are available from data.gov.au. For more information please refer to the 1991 Census Dictionary.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in West Melbourne. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in West Melbourne. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in West Melbourne, the median household income stands at $125,758 for householders within the 25 to 44 years age group, followed by $95,217 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $61,699.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for West Melbourne median household income by age. You can refer the same here

The 1991 Census Expanded Community Profiles present 44 tables comprising more detailed information than that of the basic community profiles which provide characteristics of persons and/or dwellings for Statistical Local Areas (SLA) in Australia. This table contains data relating to annual individual income by age and sex. Counts are of persons aged 15 years or more, based on place of enumeration on census night which; includes overseas visitors; excludes Australians overseas; and excludes adjustment for under-enumeration. The data is by SLA 1991 boundaries. Periodicity: 5-Yearly. This data is ABS data (cat. no. 2101.0 & original geographic boundary cat. no. 1261.0.30.001) used with permission from the Australian Bureau of Statistics. The tabular data was processed and supplied to AURIN by the Australian Data Archives. The cleaned, high resolution 1991 geographic boundaries are available from data.gov.au. For more information please refer to the 1991 Census Dictionary.

The most common poverty measures, including that used by the OECD, focus on income based approaches. One of the most common measures of income poverty is the proportion of households with income less than half median equivalised disposable household income (which is set as the poverty line); this is a relative income poverty measure as poverty is measured by reference to the income of others rather than in some absolute sense. Australia has one of the highest household disposable incomes in the world, which means that an Australian relative income poverty line is set at a high level of income compared to most other countries.

OECD statistics on Australian poverty 2015-16 (based on ABS Survey of Income and Housing data and applying a poverty line of 50% of median income) determined the Australian poverty rate was over 25% before taxes and transfers, but falls around 12% after taxes and transfers. Though measuring poverty through application of solely an income measure is not considered comprehensive for an Australian context, however, it does demonstrate that the Australian welfare system more than halves the number of Australians that would otherwise be considered as at risk of living in poverty under that measure.
It is important to consider a range of indicators of persistent disadvantage to understand poverty and hardship and its multidimensional nature. Different indicators point to different dimensions of poverty. While transient poverty is a problem, the experience of persistent poverty is of deeper concern, particularly where families experience intergenerational disadvantage and long-term welfare reliance. HILDA data from the Melbourne Institute of Applied Economic and Social Research shows the Distribution of number of years in poverty 2001–2015. The figure focuses on the longer term experience of working age adults and shows that while people do fall into poverty, only a small proportion of people are persistently poor.

Australia Average Number of Persons in Household: Age: 65 Years And Over data was reported at 0.400 Person in 2020. This stayed constant from the previous number of 0.400 Person for 2018. Australia Average Number of Persons in Household: Age: 65 Years And Over data is updated yearly, averaging 0.315 Person from Jun 1995 (Median) to 2020, with 16 observations. The data reached an all-time high of 0.400 Person in 2020 and a record low of 0.290 Person in 2003. Australia Average Number of Persons in Household: Age: 65 Years And Over data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.H037: Survey of Income and Housing: Average Number of Persons in Household: by Age.

Australia Average Number of Persons in Household: One Family: Other: Age: 65 Years And Over data was reported at 0.400 Person in 2020. This records a decrease from the previous number of 0.500 Person for 2018. Australia Average Number of Persons in Household: One Family: Other: Age: 65 Years And Over data is updated yearly, averaging 0.400 Person from Jun 2001 (Median) to 2020, with 11 observations. The data reached an all-time high of 0.500 Person in 2018 and a record low of 0.300 Person in 2003. Australia Average Number of Persons in Household: One Family: Other: Age: 65 Years And Over data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.H037: Survey of Income and Housing: Average Number of Persons in Household: by Age.

SA2 based data for Selected Medians and Averages, in Place of Enumeration Profile (PEP), 2016 Census. The median or average was calculated in the following categories: a person’s age, a person’s income, a family’s income, total household income, mortgage repayment, rental payments, number of persons per bedroom and household size. The data is by SA2 2016 boundaries. Periodicity: 5-Yearly. For more information visit the data source: http://www.abs.gov.au/census.