Central Coast Council area
Age groups - Household income quartiles
In Central Coast Council area, 28.2% of people aged 55 to 64 years in households with income were in the 'medium lowest' quartile.
Households form the common 'economic unit' in our society. Central Coast Council area's Household Income is one of the most important indicators of socio-economic status. When related to age, this shows the household income of the household in which the individual of that age group was counted.
This helps to reveal the socio-economic opportunities available to people of a particular age group, and the resources available to them. It can answer questions such as whether the wealth of an area is being shared equally among all ages, or particular groups, eg. children or retirees, have access to significantly higher or lower incomes than the general population.
Note that, particularly for children, this does not mean that the person in the age group actually receives the income, just that they are in a household with that income.
The incomes presented on this page are in quartiles, which are defined as four groups containing an equal number of households across New South Wales. They may not contain an equal number of persons in each group, and in fact, more people are generally counted in households in the highest income quartile because income is correlated with household size. However, using income quartiles effectively adjusts for inflation, allowing changes in income for the chosen age groups to be benchmarked to the state, the wider population, and shows change over time. A detailed explanation of how Household 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?'
People aged 55 to 64 years, counted in private dwellings
| Household income quartiles | ||||||||
|---|---|---|---|---|---|---|---|---|
| Central Coast Council area - 55 to 64 years | 2021 | 2011 | Change | |||||
| Quartile group | Number | % | New South Wales | Number | % | New South Wales | 2011 to 2021 | |
| Lowest group | 8,174 | 20.2 | 18.2 | 901 | 7,290 | 22.5 | 19.6 | +884 |
| Medium lowest | 11,422 | 28.2 | 24.8 | 902 | 9,843 | 30.3 | 26.3 | +1,579 |
| Medium highest | 11,271 | 27.9 | 26.8 | 903 | 8,858 | 27.3 | 26.7 | +2,413 |
| Highest group | 9,591 | 23.7 | 30.2 | 904 | 6,459 | 19.9 | 27.5 | +3,132 |
| Total people | 40,460 | 100.0 | 100.0 | 32,452 | 100.0 | 100.0 | +8,008 | |
Source: Australian Bureau of Statistics, Census of Population and Housing (opens a new window) 2011 and 2021. Compiled and presented by .id (opens a new window)(informed decisions).
| Household income - Quartile group dollar ranges | |||||||
|---|---|---|---|---|---|---|---|
| Calculated from income data for New South Wales | Weekly income by Census year | ||||||
| Household income ranges | 2021 | 2016 | 2011 | 2006 | 2001 | 1996 | 1991 |
| Lowest group | $0 to $886 | $0 to $750 | $0 to $614 | $0 to $530 | $0 to $418 | $0 to $337 | $0 to $303 |
| Medium lowest | $887 to $1,824 | $751 to $1,481 | $615 to $1,233 | $531 to $1,034 | $419 to $828 | $338 to $652 | $304 to $587 |
| Medium highest | $1,825 to $3,134 | $1,482 to $2,554 | $1,234 to $2,272 | $1,035 to $1,788 | $829 to $1,462 | $653 to $1,146 | $588 to $981 |
| Highest group | $3,135 and over | $2,555 and over | $2,273 and over | $1,789 and over | $1,463 and over | $1,147 and over | $982 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 people aged 55 to 64 years by households income quartile in Central Coast Council area compared to New South Wales shows that there was lesser proportion of people aged 55 to 64 years in the highest income quartile, and a greater proportion in the lowest income quartile.
Emerging groups
The most significant change in Central Coast Council area between 2011 and 2021 for people aged 55 to 64 years was in the highest quartile which showed an increase of 3,132 persons.