TaxStats for postcode 3065 FY2013

Postcode 3065 includes Fitzroy, Fitzroy in Victoria, and is in the federal electorate of Melbourne.

In FY 2013 the ATO recorded 6,420 individuals in postcode 3065. Of these people, 6,380 made a taxable income or loss. 5,355 of the population paid a gross amount of tax. After tax offsets, 5,025 people actually paid a net amount of tax. There were 1,355 non-taxable people who paid net tax of $0.

Compare TaxStats of 3065 with VIC

3065 TaxStats FY2013%Ppl#Ppl3065
Avg
3065
Total
Total Individuals100%6,420
Income
Salary or Wage 84%5,380$60,026$322,940,509
Gross Interest60%3,855$2,118$8,163,174
Unfranked Dividends8%525$1,015$532,644
Franked Dividends21%1,365$9,789$13,362,521
Dividend Franking Credit21%1,355$4,221$5,719,092
Capital Gains4%265$21,161$5,607,666
Termination Payouts2%130$28,078$3,650,106
Tips/Directors Fees etc13%845$5,491$4,640,074
Business Income15%975$27,111$26,433,125
Foreign Income6%385$1,994$767,746
Government payments10%650$5,779$3,756,670
Government pensions2%150$10,791$1,618,724
Total Income or Loss100%6,390$69,350$443,148,383
Deducations
Charitable Gifts35%2,265$1,029$2,330,923
Cost of Tax Affairs45%2,890$656$1,894,408
Work Car expenses19%1,225$2,740$3,356,305
Work Travel expenses15%990$1,687$1,669,722
Self Education expenses6%360$3,644$1,311,968
Total Deductions80%5,130$4,069$20,875,914
Taxation
Taxable Income99%6,380$66,117$421,828,013
Medicare Levy 75%4,805$1,219$5,858,243
Medicare Surcharge 3%165$1,301$214,663
Gross Tax 83%5,355$18,797$100,658,654
Net Tax 78%5,025$20,681$103,922,603
Average Tax 100%6,420 $16,187$103,922,603
Gross Tax Rate 83%5,355 28%$100,658,654
Net Tax Rate 78%5,025 31%$103,922,603
Average Tax Rate 100%6,420 24%$103,922,603
%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 $66,117. It is estimated that the average taxable income for people who paid a net amount of tax was $80710.

The average net tax paid was $20,681. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 4,805 people for an average of $1,219. 165 people paid $1,301 on average more for the Medicare surcharge.

5,380 people earned a salary or wage and took home an average of $60,026 each.

Government allowance and payments were collected by 650 people for on average $5,779. 150 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,029 were made by 2,265 people.

The costs of tax affairs for 2,890 people were claimed for $656 each.