TaxStats for postcode 3122 FY2013

Postcode 3122 includes Auburn South, Glenferrie South, Hawthorn, Hawthorn, Hawthorn North, Hawthorn West in Victoria, and is in the federal electorate of Kooyong.

In FY 2013 the ATO recorded 15,085 individuals in postcode 3122. Of these people, 14,980 made a taxable income or loss. 12,425 of the population paid a gross amount of tax. After tax offsets, 11,700 people actually paid a net amount of tax. There were 3,280 non-taxable people who paid net tax of $0.

Compare TaxStats of 3122 with VIC

3122 TaxStats FY2013%Ppl#Ppl3122
Avg
3122
Total
Total Individuals100%15,085
Income
Salary or Wage 76%11,530$68,910$794,530,553
Gross Interest68%10,225$3,260$33,335,691
Unfranked Dividends13%1,970$1,686$3,321,931
Franked Dividends32%4,810$23,994$115,411,698
Dividend Franking Credit32%4,785$10,335$49,452,846
Capital Gains7%1,045$38,279$40,001,960
Termination Payouts1%200$43,093$8,618,658
Tips/Directors Fees etc13%2,005$5,243$10,512,730
Business Income11%1,645$63,831$105,001,963
Foreign Income9%1,425$6,222$8,866,251
Government payments5%735$5,295$3,891,614
Government pensions2%350$9,754$3,413,781
Total Income or Loss99%15,005$95,509$1,433,114,119
Deducations
Charitable Gifts37%5,610$2,772$15,550,896
Cost of Tax Affairs45%6,825$710$4,844,700
Work Car expenses22%3,350$3,032$10,156,170
Work Travel expenses12%1,875$1,414$2,651,036
Self Education expenses5%705$2,543$1,792,952
Total Deductions80%12,095$5,821$70,405,472
Taxation
Taxable Income99%14,980$90,777$1,359,845,659
Medicare Levy 72%10,895$1,760$19,171,932
Medicare Surcharge 1%215$1,282$275,720
Gross Tax 82%12,425$31,887$396,191,764
Net Tax 78%11,700$34,815$407,334,314
Average Tax 100%15,085 $27,003$407,334,314
Gross Tax Rate 82%12,425 35%$396,191,764
Net Tax Rate 78%11,700 38%$407,334,314
Average Tax Rate 100%15,085 30%$407,334,314
%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 $90,777. It is estimated that the average taxable income for people who paid a net amount of tax was $112862.

The average net tax paid was $34,815. This equates to an average tax of 38 cents in the dollar on taxable income.

The Medicare levy was paid by 10,895 people for an average of $1,760. 215 people paid $1,282 on average more for the Medicare surcharge.

11,530 people earned a salary or wage and took home an average of $68,910 each.

Government allowance and payments were collected by 735 people for on average $5,295. 350 people received the pension or other allowance.

Charitable gifts and donations of an average of $2,772 were made by 5,610 people.

The costs of tax affairs for 6,825 people were claimed for $710 each.