12 March 2012, 120312, annual income, Australian society, class, finances, income, Polling, polls, Social Class, society, wealthy, well off
Q. What annual income level would you say was the minimum to be “well off” for a single person?
What annual income level would you say was the minimum to be “well off” for a family of 2 parents and 2 children?
|
Single Person |
Family |
|||||||
|
Total |
Income under $1,000pw |
Income $1,000 – $1,600pw |
Income $1,600+ |
Total |
Income under $1,000pw |
Income $1,000 – $1,600pw |
Income $1,600+ |
|
| $40,000 |
9% |
15% |
7% |
5% |
1% |
2% |
* |
1% |
| $60,000 |
26% |
28% |
31% |
23% |
6% |
13% |
5% |
2% |
| $80,000 |
28% |
25% |
27% |
33% |
15% |
21% |
17% |
10% |
| $100,000 |
19% |
15% |
20% |
24% |
17% |
19% |
19% |
15% |
| $120,000 |
7% |
5% |
6% |
9% |
16% |
12% |
19% |
17% |
| $150,000 |
3% |
3% |
3% |
5% |
21% |
16% |
18% |
29% |
| $200,000 |
1% |
* |
1% |
1% |
12% |
5% |
14% |
18% |
| $300,000 |
1% |
2% |
* |
1% |
3% |
3% |
2% |
5% |
| $500,000 |
* |
* |
1% |
– |
2% |
3% |
1% |
1% |
| $1 million |
1% |
1% |
– |
1% |
1% |
1% |
1% |
1% |
| Don’t know |
5% |
6% |
4% |
1% |
5% |
5% |
4% |
1% |
| median |
$69,000 |
$63,000 |
$67,000 |
$73,000 |
$111,000 |
$93,000 |
$107,000 |
$123,000 |
63% think that a single person earning $80,000 would be considered “well off”. The average (median) minimum income for a single person to be considered “well off” was $69,000.
55% think that a family earning $120,000 would be considered “well off”. The average (median) minimum income for a family to be considered “well off” was $111,000.