Bankstown Balance
Individual income quartiles
In Bankstown Balance, the 'lowest' income quartile was the largest group in 2016, comprising 36% of people aged 15 and over.
Bankstown Balance's income statistics are an indicator of socio-economic status. With other data sources, such as Household Income, Qualifications and Occupation, they help tell the story of the area's economic opportunities and socio-economic status. Individual income levels are not comparable over time because of the influences of economic change such as wage level fluctuations and inflation. The income quartile method is the most objective method of comparing change in the income profile of a community over time.
A detailed explanation of how Individual Income quartiles are calculated and interpreted is available in specific data notes.
Derived from the Census question:
'What is the total of all wages/salaries, government benefits, pensions, allowances and other income the person usually receives?'
Gross amount for persons aged 15 years and over
| Individual income quartiles | ||||||||
|---|---|---|---|---|---|---|---|---|
| Bankstown Balance - Persons aged 15+ (Usual residence) | 2016 | 2011 | Change | |||||
| Quartile group | Number | % | Chester Hill % | Number | % | Chester Hill % | 2011 to 2016 | |
| Lowest group | 3,496 | 36.4 | 34.9 | 3,245 | 36.6 | 32.7 | +251 | 30001 |
| Medium lowest | 2,594 | 27.0 | 29.0 | 2,435 | 27.5 | 29.5 | +159 | 30002 |
| Medium highest | 2,264 | 23.6 | 23.1 | 2,024 | 22.8 | 24.0 | +240 | 30003 |
| Highest group | 1,242 | 12.9 | 12.9 | 1,165 | 13.1 | 13.8 | +77 | 30004 |
| Total persons aged 15+ | 9,599 | 100.0 | 100.0 | 8,871 | 100.0 | 100.0 | +728 | |
Source: Australian Bureau of Statistics, Census of Population and Housing (opens a new window) 2011 and 2016. Compiled and presented by .id (opens a new window)(informed decisions).
(Usual residence data)
| Individual income - Quartile group dollar ranges | |||||
|---|---|---|---|---|---|
| Calculated from income data for [theQBMQuartile] - Total persons aged 15+ | Weekly income by Census year | ||||
| Individual quartile ranges | 2021 | 2016 | 2011 | 2006 | 2001 |
| Lowest group | $0 to $384 | $0 to $324 | $0 to $266 | $0 to $207 | $0 to $183 |
| Medium lowest | $385 to $813 | $325 to $663 | $267 to $560 | $208 to $460 | $184 to $386 |
| Medium highest | $814 to $1,520 | $664 to $1,244 | $561 to $1,093 | $461 to $895 | $387 to $719 |
| Highest group | $1,521 and over | $1,245 and over | $1,094 and over | $896 and over | $720 and over |
Compiled and presented in profile.id by .id (informed decisions).
Compiled and presented in profile.id by .id (informed decisions).
Dominant groups
Income quartiles allow us to compare relative income-earning capabilities across time. Analysis of the distribution of the population by income quartile in Bankstown Balance compared to Chester Hill shows that there was similar proportion of persons in the highest income quartile and a greater proportion in the lowest income quartile.
Emerging groups
The most significant change in Bankstown Balance in persons between 2011 and 2016 was in the lowest quartile which showed an increase of 251 persons.