Disposable Household Income
The median equivalised disposable household income per week of all households in the ACT.
What do we measure?
Household income consists of all current receipts, whether monetary or in kind, that are received by the household or by individual members of the household, and which are available for, or intended to support current consumption.
Equivalised disposable household income is derived using an equivalence scale to standardise households, taking into account the size and composition of the household. This allows direct comparisons between households.
This is an indicator of the economic resources available to each member of a household when surveyed.
Why is this important?
Disposable household income is a major determinant of economic wellbeing for most households. Low household disposable income can negatively impact access to appropriate housing, sufficient nutrition, medical care and negatively impact a child's health, education and self-esteem.
How is the ACT Progressing?
Source: ABS cat. No. 6523.0; Table 1.1, Table 24.1 and Table 16.1.
As at 2015-16, the median equivalised disposable household income was $1,075 per week in the ACT, compared to the national average of $853 per week. The weekly median equivalised disposable household income in the ACT has fallen since 2011-12, down by 0.9 per cent compared to 2013-14 and by a further 6.4 per cent to 2015-16. Nationally, the weekly median equivalised disposable household income fell by 2.0 per cent from 2013-14 to 2015-16.
Greater capital city comparisons show that the ACT recorded the highest median equivalised household disposable income and is 18.8 per cent higher than the national average.
Historical estimates of weekly median equivalised disposable household income have been adjusted to 2015-16 dollars.