Australian cities by income

Australia is a high-income country, with its gross domestic product (GDP) ranking 14th in the world and its per capita GDP ranking 18th. Australia's economy mainly relies on mining, agriculture, services and manufacturing. Different cities have different economic characteristics and income levels. This article will sort out the recent Australian city income rankings based on Internet information for readers' reference.

1. Criteria for ranking Australian cities by income

This article uses the personal income tax data for the 2019-20 fiscal year released by the Australian Bureau of Statistics (ABS) and ranks cities (metropolitan areas) by median income. The median income refers to the value in the middle after sorting the income of all taxpayers from high to low. It can reflect the income level of more than half of the taxpayers in a region and is more resistant to the impact of extreme values than the average.

2. Australian city income rankings

According to ABS data, in the 2019-2020 fiscal year, the income rankings of Australian cities are as follows:

As can be seen from the table above, Kalbarri is the city with the highest income in Australia, with a median income of AUD 100,000, much higher than other cities. Kalbarri is located in the north of Western Australia and is a major mining town with rich iron ore, nickel ore and copper ore resources. Mining workers in Kalbarri usually enjoy high salaries and generous benefits.

Ashburton and Rockhampton ranked second and third respectively, and are also cities with mining as their main industry. Ashburton is located on the northwest coast of Western Australia and is a natural gas development base with one of the world's largest liquefied natural gas projects. Rockhampton is located in central Queensland and is an agricultural, animal husbandry and coal mining center, known as the "Beef Capital".

Gold Coast-Tweed Coast and Adelaide followed closely behind, ranking fourth and fifth respectively. Gold Coast-Tweed Coast is a tourist destination with beautiful beaches, surfing, theme parks and nightlife. Adelaide is the capital of South Australia and a cultural and educational center with many famous universities and museums.

Brisbane, Perth, Sydney and Canberra-Quanbian are all large cities in Australia and the capitals of their respective states or territories. Their economies are diversified, covering finance, trade, education, technology, government and other fields. Their median incomes are all around A$80,000, with little difference.

Melbourne is the second largest city in Australia and the capital of Victoria. Its economic strength is second only to Sydney, but its median income ranks tenth, lower than other major cities. This may be related to Melbourne's population structure, employment distribution and cost of living.

The income ranking of Australian cities reflects the economic characteristics and development level of different regions, and is also related to the industrial structure, population size and lifestyle of each region. High income does not necessarily mean high happiness, and other factors should also be considered, such as job satisfaction, health status, social relations, etc. No matter which city you live in, you must plan your income and expenditure reasonably and enjoy the beauty of life.

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