Create your own family
Drag and drop your family members into the house, and see what the HILDA data reveals, on average, about income, financial stress and housing for your "family type"
Note: We've only used the 8 "family types" that appear in the report*
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OLDER SINGLE PERSON (65+)
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* The eight types are: (1) non-elderly couples, defined to be couples (married or de facto) without dependent children with at least one member of the couple under 65 years of age; (2) couples with at least one dependent child living with them; (3) single parents living with at least one dependent child; (4) non-elderly single males (under 65 years of age); (5) non-elderly single females; (6) elderly couples, where both persons are over 65 years of age; (7) elderly single males (aged 65 and over); and (8) elderly single females.
** A dependent child is (a) any child under 15 years of age or (b) a child aged 15 to 24 who is engaged in full-time study, living with one or both parents, not living with a partner, and who does not have a resident child of their own.
1. Equivalised income is a measure of material living standards, obtained by adjusting household disposable income for the household's 'needs'. HILDA uses the 'modified OECD' scale, where equivalised income is determined using the number of people in the household. All dollar values are at December 2016 prices.
2. Financial stress is when two or more indicators (out of 7) of 'financial stress' were experienced in a given year.
3. Housing stress is when housing costs are more than 30% of household income AND the household is in the bottom 40% of the income distribution.