TaxStats for postcode 5008 FY2013

Postcode 5008 includes Croydon, Croydon, Croydon Park, Croydon Park, Croydon Park South, Croydon Park South, Devon Park, Devon Park, Dudley Park, Dudley Park, Renown Park, Renown Park, Ridleyton, Ridleyton, West Croydon, West Croydon in South Australia, and is in the federal electorate of Port Adelaide.

In FY 2013 the ATO recorded 6,775 individuals in postcode 5008. Of these people, 6,745 made a taxable income or loss. 5,500 of the population paid a gross amount of tax. After tax offsets, 5,075 people actually paid a net amount of tax. There were 1,670 non-taxable people who paid net tax of $0.

Compare TaxStats of 5008 with SA

5008 TaxStats FY2013%Ppl#Ppl5008
Total Individuals100%6,775
Salary or Wage 83%5,630$46,487$261,719,834
Gross Interest53%3,620$1,453$5,260,137
Unfranked Dividends6%395$265$104,854
Franked Dividends15%1,025$2,268$2,324,953
Dividend Franking Credit15%1,015$979$994,013
Capital Gains2%140$8,363$1,170,840
Termination Payouts1%85$12,331$1,048,128
Tips/Directors Fees etc14%975$2,863$2,791,304
Business Income11%715$17,791$12,720,382
Foreign Income3%225$434$97,759
Government payments10%700$5,624$3,936,773
Government pensions4%270$9,768$2,637,409
Total Income or Loss100%6,750$46,796$315,870,760
Charitable Gifts33%2,205$268$591,633
Cost of Tax Affairs44%2,990$246$736,674
Work Car expenses23%1,575$2,008$3,163,133
Work Travel expenses7%490$1,385$678,645
Self Education expenses4%295$1,573$464,067
Total Deductions81%5,465$2,128$11,629,813
Taxable Income100%6,745$45,069$303,987,149
Medicare Levy 71%4,785$837$4,005,048
Medicare Surcharge 1%75$1,061$79,554
Gross Tax 81%5,500$9,548$52,513,868
Net Tax 75%5,075$10,605$53,817,988
Average Tax 100%6,775 $7,944$53,817,988
Gross Tax Rate 81%5,500 21%$52,513,868
Net Tax Rate 75%5,075 24%$53,817,988
Average Tax Rate 100%6,775 18%$53,817,988
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $45,069. It is estimated that the average taxable income for people who paid a net amount of tax was $55950.

The average net tax paid was $10,605. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 4,785 people for an average of $837. 75 people paid $1,061 on average more for the Medicare surcharge.

5,630 people earned a salary or wage and took home an average of $46,487 each.

Government allowance and payments were collected by 700 people for on average $5,624. 270 people received the pension or other allowance.

Charitable gifts and donations of an average of $268 were made by 2,205 people.

The costs of tax affairs for 2,990 people were claimed for $246 each.