Wednesday 29 June 2022 04:36 AM Census data reveals how much you need to earn to be rich in Australia trends now

Wednesday 29 June 2022 04:36 AM Census data reveals how much you need to earn to be rich in Australia trends now
Wednesday 29 June 2022 04:36 AM Census data reveals how much you need to earn to be rich in Australia trends now

Wednesday 29 June 2022 04:36 AM Census data reveals how much you need to earn to be rich in Australia trends now

Workers must earn $3,000 a week, or about $156,000 a year, to be considered one of the country's million wealthiest people, the 2021 Census has revealed.

That figure is well above the national middle income of $805-a-week or $41,860 a year.

With 13million people holding a job on Census night in August last year, that meant one out of every 13 workers earned at least $3,000 a week.

Australia's richest income earners, deriving income from wages or investments, made up 7.7 per cent of the workforce. 

More than half of Australia's 25,422,788 people weren't working, with the total population count including children, the elderly or those on welfare.

The most common income in the country was $1,000 to $1,249 a week, the Australian Bureau of Statistics data showed, which meant 1,866,801 people earned between $52,000 and $64,948 a year. 

The most common income in the country was $1,000 to $1,249 a week, the Australian Bureau of Statistics data showed, which meant 1,866,801 people earned between $52,000 and $64,948 a year (pictured is a Sydney waitress)

The most common income in the country was $1,000 to $1,249 a week, the Australian Bureau of Statistics data showed, which meant 1,866,801 people earned between $52,000 and $64,948 a year (pictured is a Sydney waitress)

Middle-income workers were among the 1,680,606 earning $800 to $999 a week or $41,600 to $51,948 a year.

By comparison, the minimum weekly wage is $772.60 or $40,175 a year, with a further 5.2 per cent Fair Work Commission increase kicking on July 1.

What Australians really earned

RICHEST: 1,029,073 earned $3,000 or more a week ($156,000 a year)

COMMON : 1,866,801 earned $1,000 to $1,249 a week ($52,000 to $64,948 a year)

MIDDLE:  1,680,606 earned $800 to $999 a week ($41,600 to $51,948 a year)

LOWEST: 1,669,570 no income

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Some 1.02millions Australians are in the 'rich' category, while more than 1.6 million workers are in the 'middle' income category - earning $800 or $999 per week. 

A similar number - 1,669,570 - earned no income at all on Census night in August last year. 

A much smaller number, or 146,805, had a negative income. 

Richest part of Australia 

The Australian Capital Territory covering Canberra has the highest median weekly household income of $2,373, new Census data for 2021 has revealed. 

There, a couple who earn less than

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