CCBR Business Review

Population and other demographic data Incomepro le The number of people with incomes less than $1,000 per week is 174,816 or 65.4% of the population. Those with an income of more than $2,000 per week 15,195. The population table on Pages 32 and 33 contains the median personal income for each suburb with comparisons from the 2011 Census. It shows the suburbs where personal income has increased at a higher rate than others and indicates that a more affluent group are moving into the region. Weekly Persons Nil income 20,840 $1-$149 11,137 $150-$299 18,916 $300-$399 27,707 $400-$499 27,871 $500-$649 23,588 $650-$799 22,122 $800--$999 22,635 $1,000-$1,249 21,490 $1,250-$1,499 13,717 $1,500-$1,749 11,450 $1,750-$1,999 7,987 $2,000-$2,999 10,253 $3,000 or more 4,942 Personal income not stated 22,674 Total 267,307 HousingA ordability Central Coast NSW Median personal income $ weekly 600 664 Median household income $ weekly 1,258 1,486 Median mortgage payment $ monthly 1,750 1,986 Median rent $ weekly 350 380 CommunityPro le Population Estimated population of the Central Coast at 30 June 2017 was 339,196. Average annual population growth on the Central Coast over the past 8 years has been around .08%. In earlier years the growth rate was over 1.0% per annum. This compares with a NSW state growth rate of about 1.4% over the past ten years. The NSW Government’s Central Coast Regional Plan 2036, announced in 2016, projects population to grow by 75,000 over the next 20 years. Annual EstimatedResident Population Year Number Growth % 2017 339,196 +0.77% 2016 337,739* +1.24% 2015 332,491 +0.81% 2014 329,815 +0.76% 2013 327,336 +071% 2012 325,022 +0.73% 2011 322,657 +0.72% 2010 320,361 +1.13% 2009 316,796 +1.43% 2008 312,338 +1.91% Source: economy.id , ABS *2016 population Number appears to be an adjustment based on the 2016 Census The population of each suburb on the Central Coast appears on Pages 32 and 33. AgePro le The age structure of the Central Coast population at the time of the 2016 Census shows that the population continues to age with 68,566 people over the age of 65 years representing 21% of the total population – up from 19% in 2011. Those in the 0-34 age group now represents 40.8% compared with 42.5% in 2011. AgeDistribution 2016 2011 Median Age 42 years 40 years 0-19 years 90,360 24.60% 81,775 26.50% 20-34 years 53,447 16.20% 49,517 16.0% 35-64 years 125,366 38.20% 121,602 38.50% 65 years + 68,566 21.0% 59,292 19.0% TOTAL 337,739 100% 312,186 100% The Central Coast Ultimate Guide to Business 2018-19 38