3070 VS VIC TaxStats FY2013

Postcode 3070 includes Northcote, Northcote, Northcote South in Victoria, and is in the federal electorate of Batman.

3070 VS vic
TaxStats FY2013
%Ppl#Ppl3070
Avg
%Ppl#PplVIC
Avg
Total Individuals100%13,985100%3,173,515
Income
Salary or Wage 84%11,735$59,51579%2,505,685$52,564
Gross Interest64%8,885$1,87157%1,809,890$2,083
Unfranked Dividends10%1,345$1,16510%308,960$778
Franked Dividends24%3,375$6,13923%738,985$7,146
Dividend Franking Credit24%3,365$2,63823%736,700$3,067
Capital Gains4%600$17,0844%132,920$19,666
Termination Payouts2%250$18,6142%60,565$14,313
Tips/Directors Fees etc15%2,120$4,34919%590,595$3,685
Business Income14%1,915$23,81710%302,500$21,832
Foreign Income7%975$1,7125%161,335$1,563
Government payments8%1,130$5,5107%223,345$5,314
Government pensions3%365$9,6785%160,790$9,397
Total Income or Loss100%13,945$64,382100%3,159,320$55,828
Deducations
Charitable Gifts44%6,110$58139%1,232,200$488
Cost of Tax Affairs49%6,865$36850%1,573,340$366
Work Car expenses24%3,395$2,43527%860,910$2,674
Work Travel expenses14%1,925$1,08710%327,430$1,389
Self Education expenses5%745$2,3614%134,315$2,007
Total Deductions83%11,665$3,27581%2,571,550$3,172
Taxation
Taxable Income100%13,925$61,66399%3,153,015$53,260
Medicare Levy 77%10,770$1,11870%2,215,495$1,022
Medicare Surcharge 2%295$1,1911%39,620$1,213
Gross Tax 84%11,695$16,29180%2,542,775$13,802
Net Tax 79%11,010$17,89273%2,332,460$15,400
Average Tax 100%13,985 $14,086100%3,173,515 $11,319
Gross Tax Rate 84%11,695 26%80%2,542,775 26%
Net Tax Rate 79%11,010 29%73%2,332,460 29%
Average Tax Rate 100%13,985 23%100%3,173,515 21%
%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.