How Does Your Income Compare To Other People With The Same Post Code?

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According to the most recent ABS data, the average Australian income is $60,892 per year. However, this number is pretty meaningless if you're trying to work out the mode or median: the wages at the very top and bottom invariably skew the results.

If you really want to know how your income compares to the Australian average, you need to focus on people in similar circumstances to yourself. The WageSage website attempts to do the hard work for you: it limits the results to people who share your age, location and gender for much higher accuracy.

Most official income statistics fail to account for age and geographic location, which are important considerations. For example, a 19-year old who lives in Penrith, NSW is technically "below average" if they earn $60,000 - but this is significantly more money than most people in their age bracket or location earn. Subsequently, the aforementioned Penrith teenager should be pretty damned chuffed!

WageSage calculates a meaningful average income by focusing on age, gender and geography. The results are all based on existing income data from the Australian Tax Office (ATO).

To find out how your income compares to other Australians, simply type in your yearly income, age and postcode. The site will then automatically spit out the results. You can play around with the sliders to see how your income compares to other states and age groups if you're curious. (Interestingly, my annual income is bang on the median for NSW, but nearly $20,000 higher than average for my specific post code.)

The site also does a pretty good job of revealing the gender pay gap - selecting 'Female' results in a lower average income than a male who shares the same age and location. Again, these are official ATO figures.

What Is The Average Australian Weekly Wage?

The Australian Bureau of Statistics (ABS) has released its average weekly earnings report which does exactly what it says on the tin. By taking the average weekly earnings and multiplying them by 52, it's possible to work out the average annual wage in Australia. Here's how much you should be earning.

Read more

[WageSage]

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Comments

    Says I'm $9,000 above average for my postcode. I call bullshit, because the view from my rented one-bedroom apartment is two-storey McMansions in all directions.

    On the other hand, all of my neighbours would be rich enough that they can afford accountants who can bring their declarable income down to $15,000 a year.

    "The site also does a pretty good job of revealing the gender pay gap - selecting 'Female' results in a lower average income than a male who shares the same age and location. Again, these are official ATO figures."

    No...just bloody stop it already. This isn't an accurate representation of the "gender pay gap"
    This sort of bullshit is the reason feminist still believe it exists

      People like you combat statistics and maths with anecdotes and feelings are the reason the wage gap still exists.

        The only way you can clearly demonstrate a wage gap is to compare 2 people with the same age, same experience, same time in the workplace and working the same hours. looking at a community as a whole is a terrible way to compare, as it is skewed by many things. Women that have taken maternity will have less experience than some who started in the same role at the same time who has worked without breaks, there fore less pay. Maybe a young women is more likely to travel in their teens and early twenties, while there male equivalent is doing an apprenticeship, therefore, even 10 years later, they are still behind the duration they were out of the work force. Maybe women work a lower EFT (This is big in my area), therefore they have slower progress for things like yearly experience based pay rises.

        Right now my Wife and i work the same job, with the same EFT and the same experience. we earn the exact same amount. Next year she will take a year off for maternity leave. Therefore, I will progress to a year 7 experience wage, whereas she will stay on year 6 until she returns. This has nothing to do with sexism at all, but i will make it look like a female is earning less than a male, which simply isn't the case.

          Shenanigans again. This is an anecdote. The studies you speak of exist and again, statistically women are paid less for the same job. Every time, same outcome. One study compared same jobs with 95 percent confidence interval so simply by the numbers you should see the same results but no, minimum of 10 percent less across all sectors and all roles. Change occurs when we stop using anecdotes, react to the science and demand better. I have a daughter, I speak up because I want her to be equal.

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