Between 2016 and 2021, Sydney was home to the largest number of ultra-high-net-worth individuals (UHNWIs) in Australia, and is expected to maintain this status until at least 2026. An UHNWI is defined as an individual with net investable assets worth at least 30 million U.S. dollars. The number of UHNWIs living in Australia is above the global average.

Australia had over 20 thousand ultra-high-net-worth individuals (UHNWI) in 2021, more than double the number of UHNWIs reported five years earlier in 2016. This number was estimated to rise to over 27 thousand individuals by 2026 in the country.

A multi-millionaire is defined as someone owning 10 million U.S. dollars or more. It was forecasted that there would be almost 18 thousand individuals in Australia defined as multi-millionaires by 2026. This is in line with the country’s growing economy over the years as well as the growing wealth inequality that was becoming a cause for concern in the island nation.

Distribution of the wealthy

As a rich country with plenty of natural resources and a high Human Development Index, Australia had always had a large number of high net-worth individuals or HNWIs. There were over ten thousand millionaires including a couple dozen of billionaires, with these figures expected to grow significantly over the next few years.

Income inequality

Despite the increase of wealth and economic growth, there was a concern at the level of poverty and homelessness due to the rising wealth inequality nationally. The number of homeless people living in Australia had only been increasing with more than a hundred thousand people currently without shelter. Furthermore, most of the wealth was being pushed from the country to the cities, affecting the livelihood of those living in the countryside or outback.

Australia Household: Net Worth data was reported at 16,951.800 AUD bn in Dec 2024. This records an increase from the previous number of 16,808.100 AUD bn for Sep 2024. Australia Household: Net Worth data is updated quarterly, averaging 5,222.650 AUD bn from Sep 1988 (Median) to Dec 2024, with 146 observations. The data reached an all-time high of 16,951.800 AUD bn in Dec 2024 and a record low of 1,204.100 AUD bn in Sep 1988. Australia Household: Net Worth 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.AB045: SNA08: SESCA08: Balance Sheet: Households.

According to a survey conducted among over 500 private bankers, wealth advisors, and family office representatives of ultra-high-net-worth individuals (UHNWI) worldwide, almost 50 percent of UHNWIs in Australasia expected to see a marginal (less than ten percent) increase in their wealth in 2023. Close to one-fifth of UHNWIs in the region expected a significant increase (above ten percent) in their wealth in the same year.

Australia Account: Income: Richest 60%: % Aged 15+ data was reported at 99.159 % in 2014. This records a decrease from the previous number of 99.729 % for 2011. Australia Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 99.444 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 99.729 % in 2011 and a record low of 99.159 % in 2014. Australia Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

This statistic depicts the inflows as share of high-net-worth individual (HNWI) population in selected cities in Australia in 2016. That year, four percent of all HNWI inflows were seen in Sydney.

Australia Household Net Worth: 2013-14p: Mean: Non Family: Lone Person data was reported at 536,800.000 AUD in 2014. Australia Household Net Worth: 2013-14p: Mean: Non Family: Lone Person data is updated yearly, averaging 536,800.000 AUD from Jun 2014 (Median) to 2014, with 1 observations. The data reached an all-time high of 536,800.000 AUD in 2014 and a record low of 536,800.000 AUD in 2014. Australia Household Net Worth: 2013-14p: Mean: Non Family: Lone Person 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.H032: Survey of Income and Housing: Household Net Worth: by Family Composition.

This report analyses the proportion of after-tax disposable income that is generated by households that are classified as high income earners. High income earners are defined as households that fall into the highest quintile for disposable income. To calculate the share of income that is made by high income earners, the mean income of all households in the highest quintile is divided by the sum of the mean income of each quintile. Data for this report is sourced from the Australian Bureau of Statistics and is presented in financial years.

Australia Households: Net Worth data was reported at 11,381,211.000 AUD mn in 2020. This records an increase from the previous number of 10,591,732.000 AUD mn for 2019. Australia Households: Net Worth data is updated yearly, averaging 6,615,598.500 AUD mn from Dec 2005 (Median) to 2020, with 16 observations. The data reached an all-time high of 11,381,211.000 AUD mn in 2020 and a record low of 4,372,832.000 AUD mn in 2005. Australia Households: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Australia – Table AU.IMF.FSI: 2006 Methodology: Sectoral Financial Statement: Balance Sheet: Annual.

Disposable Personal Income in Australia increased to 424884 AUD Million in the first quarter of 2025 from 415014 AUD Million in the fourth quarter of 2024. This dataset provides - Australia Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Au Sable, New York, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 18,502, while the mean income for the highest quintile (20% of households with the highest income) is 208,499. This indicates that the top earners earn 11 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 370,673, which is 177.78% higher compared to the highest quintile, and 2003.42% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2022 inflation-adjusted dollars for the specific income level.

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 Au Sable town median household income. You can refer the same here

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Au Sable charter Township, Michigan, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 11,250, while the mean income for the highest quintile (20% of households with the highest income) is 149,114. This indicates that the top earners earn 13 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 228,608, which is 153.31% higher compared to the highest quintile, and 2032.07% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

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 Au Sable charter township median household income. You can refer the same here

Merchandise imports from high-income economies (% of total merchandise imports) in Australia was reported at 54.02 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Merchandise imports from high-income economies (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on April of 2025.

About this dataset

Context

The dataset presents the median household income across different racial categories in Au Gres. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Au Gres population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 88.54% of the total residents in Au Gres. Notably, the median household income for White households is $62,693. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $62,693.

https://i.neilsberg.com/ch/au-gres-mi-median-household-income-by-race.jpeg" alt="Au Gres median household income diversity across racial categories">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Au Gres.
• Median household income: Median household income, adjusting for inflation, presented in 2022-inflation-adjusted dollars

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 Au Gres median household income by race. You can refer the same here

This dataset provides values for INCOME SHARE HELD BY HIGHEST 10PERCENT WB DATA.HTML. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Australian luxury residential property market is estimated to have a market size of 23.88 million in 2025, with a projected CAGR of 5.75% from 2025 to 2033. The market is driven by the increasing demand for luxury properties from wealthy individuals and families, both domestic and international. Other key drivers include low interest rates, strong economic growth, and a growing population of high-net-worth individuals. Key trends in the market include the increasing popularity of apartments and condominiums, the rise of eco-friendly luxury developments, and the growing demand for properties in regional areas. Constraints to the market include the lack of affordable housing, government regulations, and rising construction costs. The market is segmented by type (apartments and condominiums, villas and landed houses) and city (Sydney, Perth, Melbourne, Brisbane, other cities). Major companies in the market include Stunning Homes, Medallion Homes, Summit South West, Atrium Homes, and James Michael Homes. Recent developments include: August 2023: Sydney-based boutique developer Made Property laid plans for a new apartment project along Sydney Harbour amid sustained demand for luxury waterfront properties. The Corsa Mortlake development, positioned on Majors Bay in the harbor city’s inner west, will deliver 20 three-bedroom apartments offering house-sized living spaces and ready access to a 23-berth marina accommodating yachts up to 20 meters. With development approval secured for the project, the company is moving quickly to construction. Made Property expects construction to be completed in late 2025., September 2023: A luxurious collection of private apartment residences planned for a prime double beachfront site in North Burleigh was released to the market for the first time with the official launch of ultra-premium apartment development Burly Residences, being delivered by leading Australian developer David Devine and his team at DD Living. The first stage of Burly Residences released to the market includes prestigious two and three-bedroom apartments – with or without multipurpose rooms – and four-bedroom plus multipurpose room apartments that deliver luxury and space with expansive ocean and beach views.. Key drivers for this market are: 4., Increasing Number of High Net-Worth Individuals (HNWIs). Potential restraints include: 4., Rising Interest Rates. Notable trends are: Ultra High Net Worth Population Driving the Demand for Prime Properties.

Household Saving Rate in Australia increased to 5.20 percent in the first quarter of 2025 from 3.90 percent in the fourth quarter of 2024. This dataset provides - Australia Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Au Gres, MI, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 10,590, while the mean income for the highest quintile (20% of households with the highest income) is 126,154. This indicates that the top earners earn 12 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 167,162, which is 132.51% higher compared to the highest quintile, and 1578.49% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2022 inflation-adjusted dollars for the specific income level.

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 Au Gres median household income. You can refer the same here

About this dataset

Context

The dataset presents the median household income across different racial categories in Au Sable charter township. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Au Sable charter township population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 94.09% of the total residents in Au Sable charter township. Notably, the median household income for White households is $46,614. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $46,614.

https://i.neilsberg.com/ch/au-sable-charter-township-mi-median-household-income-by-race.jpeg" alt="Au Sable charter township median household income diversity across racial categories">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Au Sable charter township.
• Median household income: Median household income, adjusting for inflation, presented in 2022-inflation-adjusted dollars

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 Au Sable charter township median household income by race. You can refer the same here