TaxStats for postcode 5089 FY2013

Postcode 5089 includes Highbury in South Australia, and is in the federal electorate of Sturt.

In FY 2013 the ATO recorded 4,125 individuals in postcode 5089. Of these people, 4,105 made a taxable income or loss. 3,340 of the population paid a gross amount of tax. After tax offsets, 3,095 people actually paid a net amount of tax. There were 1,010 non-taxable people who paid net tax of $0.

Compare TaxStats of 5089 with SA

5089 TaxStats FY2013%Ppl#Ppl5089
Avg
5089
Total
Total Individuals100%4,125
Income
Salary or Wage 76%3,145$53,401$167,946,272
Gross Interest61%2,530$1,742$4,406,358
Unfranked Dividends11%470$584$274,603
Franked Dividends27%1,100$5,306$5,836,403
Dividend Franking Credit27%1,095$2,279$2,495,389
Capital Gains4%185$9,259$1,712,892
Termination Payouts1%30$32,632$978,946
Tips/Directors Fees etc15%625$3,729$2,330,314
Business Income9%385$18,610$7,164,983
Foreign Income6%260$1,506$391,487
Government payments5%210$4,886$1,026,099
Government pensions6%255$8,035$2,048,867
Total Income or Loss100%4,110$54,114$222,409,459
Deducations
Charitable Gifts36%1,500$330$494,534
Cost of Tax Affairs44%1,835$297$545,787
Work Car expenses25%1,035$2,403$2,487,054
Work Travel expenses6%265$1,442$382,097
Self Education expenses3%125$1,858$232,239
Total Deductions82%3,380$2,709$9,157,497
Taxation
Taxable Income100%4,105$51,877$212,954,065
Medicare Levy 73%3,010$970$2,920,885
Medicare Surcharge 1%35$1,146$40,097
Gross Tax 81%3,340$12,523$41,828,153
Net Tax 75%3,095$13,659$42,276,119
Average Tax 100%4,125 $10,249$42,276,119
Gross Tax Rate 81%3,340 24%$41,828,153
Net Tax Rate 75%3,095 26%$42,276,119
Average Tax Rate 100%4,125 20%$42,276,119
%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 $51,877. It is estimated that the average taxable income for people who paid a net amount of tax was $64890.

The average net tax paid was $13,659. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 3,010 people for an average of $970. 35 people paid $1,146 on average more for the Medicare surcharge.

3,145 people earned a salary or wage and took home an average of $53,401 each.

Government allowance and payments were collected by 210 people for on average $4,886. 255 people received the pension or other allowance.

Charitable gifts and donations of an average of $330 were made by 1,500 people.

The costs of tax affairs for 1,835 people were claimed for $297 each.