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Median total household weekly income in Australia divided geographically by statistical local area, as of the 2011 census Australian total gross income per capita. Median household income is commonly used to measure the relative prosperity of populations in different geographical locations. It divides households into two equal segments with the ...
Median household income in Australia and New Zealand; States and territories of Australia; ... This page was last edited on 24 August 2024, at 04:50 (UTC).
Mean income is the amount obtained by dividing the total aggregate income of a group by the number of units in that group. Median income is the amount that divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount.
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Victoria's worst beach drowning event in twenty years occurs near Forrest Caves on Phillip Island when a total of four people from Melbourne's Indian community drown at an unpatrolled beach. [60] [61] 25 January – The statues of Captain James Cook and Queen Victoria in Melbourne are vandalised on the eve of Australia Day. The statue of Cook ...
Annual median equivalised disposable income per person, by OECD country. [2]The median equivalised disposable income is the median of the disposable income which is equivalised by dividing income by the square root of household size; the square root is used to acknowledge that people sharing accommodation benefit from pooling at least some of their living costs.
According to the Pew Research Center, middle-class households are those earning between two-thirds to double the median household income in an area. The upper middle class refers to the top 20% of...
In the report Australia was the second-wealthiest country in the world behind Switzerland based on average wealth per adult, and had the highest median wealth in the world (US$222,000, nearly four times the amount of each US adult) and a proportion of people with wealth above US$100,000 that was eight times the world average.