New South Wales Economy

Wages, jobs, earnings and the cost of living in New South Wales, from the Australian Bureau of Statistics.

Unemployment in NSW was 4.7% in Sep 2026, against 4.7% nationally. Its 200 most populous suburbs held 3,345,541 people at the 2021 Census, with a median weekly income of $845 and a median weekly rent of $455.

Source: ABS Labour Force (6202.0), Wage Price Index (6345.0), Average Weekly Earnings (6302.0) and Census 2021.

New South Wales economy at a glance

The average full-time worker in NSW earns $2,177/week (above the national average of $2,157/week). The unemployment rate sits at 4.7% (below the national 4.7%). Wages grew +3.1% over the past year (nationally +3.2%).

The median weekly rent across the NSW suburbs listed here is $455, which is 53.9% of median weekly income, above the 30% affordability benchmark.

Wage growth in NSW

The Wage Price Index measures the change in hourly rates of pay. NSW against the national index. Hover for detail.

160.0
Latest WPI Index
+3.1%
NSW WPI YoY
+3.2%
National WPI YoY
NSW WPI
National (dashed)

Employment in NSW

Unemployment rate and labour force participation for New South Wales.

4.7%
Unemployment Rate
4.7%
National Unemployment
65.7%
Participation Rate
NSW Unemployment
National (dashed)

What NSW earns

Full-time adult average weekly earnings by industry. ABS Cat. 6302.0.

$2,177
Weekly (NSW)
$113,220
Annual (NSW)
$2,157
National Weekly

Rent and income in NSW

Medians of suburb-level Census 2021 figures across the 200 most populous suburbs in New South Wales.

$455
Median Weekly Rent
$845
Median Weekly Income
$43,914
Median Annual Income
53.9%
Rent as % of Income
Above the 30% benchmark

Largest suburbs in NSW

Highest-population SA2 areas in New South Wales from ABS Census 2021.

Other state economies

Wages, jobs and earnings for each of the other states and territories.

Data sources

ABS Wage Price Index (6345.0)
Quarterly WPI by state. Total hourly rates of pay excluding bonuses.
ABS WPI
ABS Labour Force (6202.0)
Monthly unemployment rate and participation by state.
ABS Labour
ABS Average Weekly Earnings (6302.0)
Half-yearly earnings by state, industry and sex.
ABS AWE
ABS Census of Population and Housing (2021)
Suburb-level population, income and rent data from Census 2021.
ABS Census