TaxStats for postcode 5602 FY2013

Postcode 5602 includes Cowell, Lucky Bay, Mangalo, Midgee, Miltalie, Minbrie, Mitalie, Mitchellville, Port Gibbon in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 745 individuals in postcode 5602. Of these people, 735 made a taxable income or loss. 570 of the population paid a gross amount of tax. After tax offsets, 520 people actually paid a net amount of tax. There were 215 non-taxable people who paid net tax of $0.

Compare TaxStats of 5602 with SA

5602 TaxStats FY2013%Ppl#Ppl5602
Total Individuals100%745
Salary or Wage 70%525$51,668$27,125,938
Gross Interest62%460$2,377$1,093,258
Unfranked Dividends16%120$213$25,617
Franked Dividends25%185$1,398$258,543
Dividend Franking Credit25%185$599$110,758
Capital Gains10%75$11,446$858,460
Termination Payouts3%20$14,079$281,586
Tips/Directors Fees etc16%120$1,299$155,911
Business Income7%50$14,349$717,429
Foreign Income8%60$142$8,502
Government payments9%65$5,287$343,676
Government pensions6%45$9,725$437,623
Total Income or Loss100%745$51,366$38,268,042
Charitable Gifts23%170$468$79,529
Cost of Tax Affairs39%290$448$129,801
Work Car expenses17%130$1,815$235,934
Work Travel expenses9%65$1,955$127,077
Self Education expenses3%20$1,628$32,569
Total Deductions74%555$2,628$1,458,286
Taxable Income99%735$49,849$36,639,159
Medicare Levy 68%505$994$501,833
Medicare Surcharge 5%35$1,117$39,088
Gross Tax 77%570$12,803$7,297,925
Net Tax 70%520$14,014$7,287,119
Average Tax 100%745 $9,781$7,287,119
Gross Tax Rate 77%570 26%$7,297,925
Net Tax Rate 70%520 28%$7,287,119
Average Tax Rate 100%745 20%$7,287,119
%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 $49,849. It is estimated that the average taxable income for people who paid a net amount of tax was $65498.

The average net tax paid was $14,014. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 505 people for an average of $994. 35 people paid $1,117 on average more for the Medicare surcharge.

525 people earned a salary or wage and took home an average of $51,668 each.

Government allowance and payments were collected by 65 people for on average $5,287. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $468 were made by 170 people.

The costs of tax affairs for 290 people were claimed for $448 each.