Australian Householder Income Over 65 years

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Householder Income Over 65 years
Income
Poverty
Unemployment
Labor Participation
Family Structure
Vehicle Availability
Education Level
Disability

Australian Householder Income Over 65 years
Exceptional

$66,891
HOUSEHOLD INCOME | AGE > 65
99.8/ 100
METRIC RATING
47th/ 347
METRIC RANK

Australian Householder Income Over 65 years Correlation Chart

The statistical analysis conducted on geographies consisting of 223,634,987 people shows a weak negative correlation between the proportion of Australians and household income with householder over the age of 65 in the United States with a correlation coefficient (R) of -0.250 and weighted average of $66,891. On average, for every 1% (one percent) increase in Australians within a typical geography, there is a decrease of $3,485 in household income with householder over the age of 65.
Australian Householder Income Over 65 years
It is essential to understand that the correlation between the percentage of Australians and household income with householder over the age of 65 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Australians influences an upward or downward trend in the level of household income with householder over the age of 65 within an area, or if Australians simply ended up residing in those areas with higher or lower levels of household income with householder over the age of 65 due to other factors.

Demographics Similar to Australians by Householder Income Over 65 years

In terms of householder income over 65 years, the demographic groups most similar to Australians are Cambodian ($66,892, a difference of 0.0%), Immigrants from France ($66,826, a difference of 0.10%), Immigrants from Afghanistan ($67,007, a difference of 0.17%), Immigrants from Indonesia ($66,694, a difference of 0.29%), and Immigrants from Turkey ($66,672, a difference of 0.33%).
DemographicsRating | RankHouseholder Income Over 65 years
Immigrants from Asia
99.9
/100
|
#40
Exceptional
$67,594
Koreans
99.9
/100
|
#41
Exceptional
$67,472
New Zealanders
99.9
/100
|
#42
Exceptional
$67,333
Latvians
99.9
/100
|
#43
Exceptional
$67,326
Immigrants from South Africa
99.9
/100
|
#44
Exceptional
$67,234
Immigrants from Afghanistan
99.8
/100
|
#45
Exceptional
$67,007
Cambodians
99.8
/100
|
#46
Exceptional
$66,892
Australians
99.8
/100
|
#47
Exceptional
$66,891
Immigrants from France
99.8
/100
|
#48
Exceptional
$66,826
Immigrants from Indonesia
99.8
/100
|
#49
Exceptional
$66,694
Immigrants from Turkey
99.7
/100
|
#50
Exceptional
$66,672
Israelis
99.7
/100
|
#51
Exceptional
$66,636
Immigrants from Scotland
99.7
/100
|
#52
Exceptional
$66,620
Immigrants from Pakistan
99.7
/100
|
#53
Exceptional
$66,617
Immigrants from Netherlands
99.7
/100
|
#54
Exceptional
$66,463

Australian Householder Income Over 65 years Correlation Summary

MeasurementAustralian DataHouseholder Income Over 65 years Data
Minimum0.037%$13,929
Maximum6.7%$156,341
Range6.7%$142,412
Mean2.6%$67,933
Median2.3%$66,111
Interquartile 25% (IQ1)1.1%$49,254
Interquartile 75% (IQ3)3.6%$80,198
Interquartile Range (IQR)2.5%$30,944
Standard Deviation (Sample)1.9%$25,877
Standard Deviation (Population)1.8%$25,612

Correlation Details

Australian PercentileSample SizeHouseholder Income Over 65 years
[
0.0%
-
0.5%
]
0.037%
176,631,220$58,577
[
0.0%
-
0.5%
]
0.13%
27,394,936$70,728
[
0.0%
-
0.5%
]
0.22%
9,366,387$67,828
[
0.0%
-
0.5%
]
0.32%
3,993,656$74,399
[
0.0%
-
0.5%
]
0.40%
2,213,871$71,744
[
0.5%
-
1.0%
]
0.50%
1,288,657$77,486
[
0.5%
-
1.0%
]
0.58%
821,468$70,698
[
0.5%
-
1.0%
]
0.68%
572,992$80,806
[
0.5%
-
1.0%
]
0.77%
422,923$77,451
[
0.5%
-
1.0%
]
0.87%
287,637$65,373
[
0.5%
-
1.0%
]
0.96%
119,750$66,213
[
1.0%
-
1.5%
]
1.06%
38,776$79,590
[
1.0%
-
1.5%
]
1.14%
49,753$64,866
[
1.0%
-
1.5%
]
1.20%
36,982$119,547
[
1.0%
-
1.5%
]
1.32%
80,741$88,705
[
1.0%
-
1.5%
]
1.42%
26,880$63,485
[
1.5%
-
2.0%
]
1.51%
35,795$62,207
[
1.5%
-
2.0%
]
1.62%
54,509$107,047
[
1.5%
-
2.0%
]
1.71%
21,205$90,490
[
1.5%
-
2.0%
]
1.80%
41,528$48,723
[
1.5%
-
2.0%
]
1.87%
14,716$67,152
[
1.5%
-
2.0%
]
1.95%
36,816$81,016
[
2.0%
-
2.5%
]
2.06%
7,725$66,683
[
2.0%
-
2.5%
]
2.17%
3,458$47,558
[
2.0%
-
2.5%
]
2.26%
5,181$44,043
[
2.0%
-
2.5%
]
2.35%
14,985$48,834
[
2.0%
-
2.5%
]
2.40%
2,288$81,251
[
2.5%
-
3.0%
]
2.51%
716$54,238
[
2.5%
-
3.0%
]
2.61%
5,297$109,780
[
2.5%
-
3.0%
]
2.69%
2,566$62,270
[
2.5%
-
3.0%
]
2.75%
1,670$38,393
[
2.5%
-
3.0%
]
3.00%
1,469$60,985
[
3.0%
-
3.5%
]
3.04%
2,827$49,962
[
3.0%
-
3.5%
]
3.23%
3,286$156,341
[
3.0%
-
3.5%
]
3.34%
10,228$46,599
[
3.0%
-
3.5%
]
3.42%
10,047$49,675
[
3.5%
-
4.0%
]
3.51%
313$46,635
[
3.5%
-
4.0%
]
3.75%
774$26,635
[
3.5%
-
4.0%
]
3.89%
180$66,111
[
4.0%
-
4.5%
]
4.35%
828$92,000
[
4.5%
-
5.0%
]
4.73%
825$82,060
[
4.5%
-
5.0%
]
4.83%
3,190$125,875
[
5.0%
-
5.5%
]
5.15%
1,494$31,754
[
5.0%
-
5.5%
]
5.26%
114$64,531
[
5.5%
-
6.0%
]
5.92%
710$30,833
[
6.0%
-
6.5%
]
6.02%
1,396$47,500
[
6.0%
-
6.5%
]
6.31%
301$13,929
[
6.5%
-
7.0%
]
6.51%
614$70,500
[
6.5%
-
7.0%
]
6.73%
1,307$59,628