Income Percentile Analysis
$120,000 in Australia
Discover where $120,000 ranks in Australia's income distribution, calculate your take-home pay, and see how you compare to other earners.
Top 25%
79th
Percentile
With a $120,000 salary in Australia, you earn more than 79% of all workers. Only 21% earn more than you.
0%50%100%
Take-Home Pay
Gross Salary$120,000
Total Tax$29,467
Net Income$88,133
Effective Rate
26.6%
Monthly Net
$7,344
Australia Income Distribution
Median Income
$76,000
50th percentile
75th Percentile
$113,000
75th percentile
90th Percentile
$136,000
90th percentile
95th Percentile
$144,000
95th percentile
Frequently Asked Questions
Is $120,000 a good salary in Australia?↓
A $120,000 salary puts you in the 79th percentile in Australia, meaning you earn more than 79% of workers. This is considered an above-average income.
What percentile is $120,000 in Australia?↓
$120,000 places you at approximately the 79th income percentile in Australia. This means 79% of workers earn less than you, and 21% earn more.
How much will I take home from $120,000 in Australia?↓
After Australia taxes and social contributions, a $120,000 gross salary results in approximately $88,133 net income. This represents an effective tax rate of 26.6%.
How much do I need to earn to be in the top 10% in Australia?↓
To reach the top 10% of earners in Australia, you typically need an income of approximately $136,134 or higher.