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Highest Income in Tasmania

Top 21 cities ranked by highest income

Highest Income — Tasmania

1 West Hobart $33,732
2 Lenah Valley $31,738
3 South Hobart $30,116
4 Sandy Bay $29,981
5 Blackmans Bay $29,981
6 Launceston $29,440
7 Howrah $29,237
8 Lindisfarne $27,919
9 New Town $26,905
10 Riverside $26,229
11 Kingston $25,384
12 Moonah $24,775
13 Burnie $23,998
14 Claremont $22,815
15 Hobart $22,545
16 Devonport $20,922
17 Glenorchy $20,821
18 Newnham $20,686
19 Ulverstone $20,246
20 Wynyard $20,145
21 New Norfolk $19,604

The highest-income cities in Tasmania represent areas where residents earn significantly above the national median. West Hobart leads with a median household income of $33,732. These cities are often home to concentrations of high-paying industries including technology, finance, and healthcare.

High median incomes typically correlate with strong local economies, educated workforces, and proximity to major employment centers. Many of these cities are suburbs or satellite communities of larger metro areas, where professionals live while commuting to nearby urban cores.

While high incomes are attractive, they often come with correspondingly higher costs of living, particularly in housing. The gap between income and housing costs varies significantly across these top-earning communities.

Did You Know?

  • 1. Households in West Hobart earn $33,732 — that's -55% above the national median of $75,000.
  • 2. Median household income has grown faster in suburban communities than in urban cores over the past decade.
  • 3. High-income cities often correlate with higher education levels — most of these cities have college attainment rates above 50%.
  • 4. 06 is well-represented with 10 cities in the top income rankings.

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