3350 VS VIC TaxStats FY2013
Postcode 3350 includes Alfredton, Bakery Hill, Ballarat, Ballarat Central, Ballarat East, Ballarat North, Ballarat West, Black Hill, Brown Hill, Canadian, Eureka, Golden Point, Invermay Park, Lake Wendouree, Mount Clear, Mount Helen, Mount Pleasant, Nerrina, Newington, Redan, Soldiers Hill, Sovereign Hill in Victoria, and is in the federal electorate of Ballarat.
| 3350 VS vic TaxStats FY2013 | %Ppl | #Ppl | 3350 Avg | %Ppl | #Ppl | VIC Avg |
|---|---|---|---|---|---|---|
| Total Individuals | 100% | 31,245 | 100% | 3,173,515 | ||
| Income | ||||||
| Salary or Wage | 81% | 25,460 | $47,503 | 79% | 2,505,685 | $52,564 |
| Gross Interest | 56% | 17,630 | $1,676 | 57% | 1,809,890 | $2,083 |
| Unfranked Dividends | 10% | 3,245 | $483 | 10% | 308,960 | $778 |
| Franked Dividends | 25% | 7,710 | $5,762 | 23% | 738,985 | $7,146 |
| Dividend Franking Credit | 25% | 7,675 | $2,479 | 23% | 736,700 | $3,067 |
| Capital Gains | 5% | 1,460 | $11,658 | 4% | 132,920 | $19,666 |
| Termination Payouts | 2% | 495 | $7,895 | 2% | 60,565 | $14,313 |
| Tips/Directors Fees etc | 21% | 6,525 | $2,276 | 19% | 590,595 | $3,685 |
| Business Income | 8% | 2,515 | $23,671 | 10% | 302,500 | $21,832 |
| Foreign Income | 5% | 1,660 | $913 | 5% | 161,335 | $1,563 |
| Government payments | 10% | 3,135 | $5,429 | 7% | 223,345 | $5,314 |
| Government pensions | 6% | 1,925 | $9,205 | 5% | 160,790 | $9,397 |
| Total Income or Loss | 100% | 31,135 | $51,511 | 100% | 3,159,320 | $55,828 |
| Deducations | ||||||
| Charitable Gifts | 42% | 13,230 | $307 | 39% | 1,232,200 | $488 |
| Cost of Tax Affairs | 52% | 16,390 | $306 | 50% | 1,573,340 | $366 |
| Work Car expenses | 35% | 10,805 | $2,373 | 27% | 860,910 | $2,674 |
| Work Travel expenses | 11% | 3,525 | $1,464 | 10% | 327,430 | $1,389 |
| Self Education expenses | 5% | 1,440 | $1,718 | 4% | 134,315 | $2,007 |
| Total Deductions | 84% | 26,370 | $3,174 | 81% | 2,571,550 | $3,172 |
| Taxation | ||||||
| Taxable Income | 100% | 31,100 | $48,809 | 99% | 3,153,015 | $53,260 |
| Medicare Levy | 71% | 22,130 | $922 | 70% | 2,215,495 | $1,022 |
| Medicare Surcharge | 1% | 280 | $1,277 | 1% | 39,620 | $1,213 |
| Gross Tax | 81% | 25,250 | $11,497 | 80% | 2,542,775 | $13,802 |
| Net Tax | 73% | 22,965 | $12,916 | 73% | 2,332,460 | $15,400 |
| Average Tax | 100% | 31,245 | $9,493 | 100% | 3,173,515 | $11,319 |
| Gross Tax Rate | 81% | 25,250 | 24% | 80% | 2,542,775 | 26% |
| Net Tax Rate | 73% | 22,965 | 26% | 73% | 2,332,460 | 29% |
| Average Tax Rate | 100% | 31,245 | 19% | 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. |