Census 2016: ACT household income $300 a week above national median pay
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Census 2016: ACT household income $300 a week above national median pay

New census data reveals Canberra is the cash capital of Australia, with higher than national median weekly pay and growing average household income.

Released on Tuesday, the 2016 census figures showed Canberrans earn about $300 per week more than Australians nationally, with a median weekly income of $998.

The figure puts the ACT median income as the highest in the nation, above the national median of $662. The median weekly income in Australia increased from $577 in 2011.

Tasmania remained the state with the lowest median income at $573 per week.

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Median incomes are the highest in Canberra's inner south and inner north.

Median incomes are the highest in Canberra's inner south and inner north.Credit:Rohan Thomson

On average weekly gross household income, Canberrans have seen an increase from $1920 in 2011 to $2070 in 2016.

Nationally, median weekly incomes have increased nearly 15 per cent since 2011.

Australians' median weekly household income rose from $1234 in 2011 to $1438 in 2016, a 16.5 per cent increase over the past five years.

Taken from the August 9 national headcount, the census showed suburbs in Canberra's inner south and inner north led median weekly household income.

Canberra has the highest median weekly household income in Australia.

Canberra has the highest median weekly household income in Australia.

O'Malley topped the list, with weekly median household income of $3513.

Forrest recorded median income of $3145, followed by Forde at $2944, Red Hill at $2842 and Fadden at $2757.

Other suburbs in the top 10 included Weetangera at $2699, Chapman at $2697, Pialligo at $2687, Nicholls at $2684 and Macarthur at $2680.

Symonston recorded the lowest weekly median income in Canberra at $796 in 2016, below Oaks Estate at $860, Holt at $1427, Charnwood at $1486 and Lyons at $1488.

Holt was the closest ACT suburb to the national median.

Other suburbs at the lower end in the ACT included Reid at $1503, Page at $1514, Belconnen at $1587, Scullin at $1632 and Greenway at $1686.

Gungahlin, the second fasting growing location in Australia, had weekly median household income of $2066.

Canberra City residents have weekly median income of $2222.

Personal median weekly incomes for people in the ACT above 15 years-of-age were $988, up from $917 in 2011 and above the national level of $662.

Tom McIlroy is a political reporter for the Financial Review in the federal press gallery at Parliament House.

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