TaxStats for postcode 3052 FY2013

Postcode 3052 includes Melbourne University, Parkville, Parkville in Victoria, and is in the federal electorate of Melbourne.

In FY 2013 the ATO recorded 2,935 individuals in postcode 3052. Of these people, 2,915 made a taxable income or loss. 2,235 of the population paid a gross amount of tax. After tax offsets, 2,065 people actually paid a net amount of tax. There were 850 non-taxable people who paid net tax of $0.

Compare TaxStats of 3052 with VIC

3052 TaxStats FY2013%Ppl#Ppl3052
Avg
3052
Total
Total Individuals100%2,935
Income
Salary or Wage 83%2,450$55,041$134,849,589
Gross Interest69%2,020$2,735$5,524,989
Unfranked Dividends11%320$897$287,189
Franked Dividends25%720$9,547$6,874,163
Dividend Franking Credit25%720$4,084$2,940,809
Capital Gains5%135$14,393$1,943,024
Termination Payouts2%45$18,169$817,617
Tips/Directors Fees etc15%440$3,385$1,489,563
Business Income10%280$46,938$13,142,643
Foreign Income8%240$3,274$785,644
Government payments11%310$5,830$1,807,439
Government pensions2%50$10,061$503,050
Total Income or Loss99%2,920$65,698$191,837,213
Deducations
Charitable Gifts36%1,050$897$941,669
Cost of Tax Affairs38%1,115$597$665,164
Work Car expenses18%520$2,365$1,229,746
Work Travel expenses13%395$2,141$845,697
Self Education expenses6%190$2,561$486,626
Total Deductions74%2,165$4,093$8,861,846
Taxation
Taxable Income99%2,915$62,497$182,179,157
Medicare Levy 67%1,965$1,262$2,479,155
Medicare Surcharge 1%40$923$36,918
Gross Tax 76%2,235$19,713$44,058,016
Net Tax 70%2,065$21,903$45,229,455
Average Tax 100%2,935 $15,410$45,229,455
Gross Tax Rate 76%2,235 32%$44,058,016
Net Tax Rate 70%2,065 35%$45,229,455
Average Tax Rate 100%2,935 25%$45,229,455
%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 $62,497. It is estimated that the average taxable income for people who paid a net amount of tax was $83283.

The average net tax paid was $21,903. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 1,965 people for an average of $1,262. 40 people paid $923 on average more for the Medicare surcharge.

2,450 people earned a salary or wage and took home an average of $55,041 each.

Government allowance and payments were collected by 310 people for on average $5,830. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $897 were made by 1,050 people.

The costs of tax affairs for 1,115 people were claimed for $597 each.