TaxStats for postcode 2017 FY2013

Postcode 2017 includes Waterloo, Zetland in New South Wales, and is in the federal electorate of Sydney.

In FY 2013 the ATO recorded 9,155 individuals in postcode 2017. Of these people, 9,105 made a taxable income or loss. 7,720 of the population paid a gross amount of tax. After tax offsets, 7,340 people actually paid a net amount of tax. There were 1,765 non-taxable people who paid net tax of $0.

Compare TaxStats of 2017 with NSW

2017 TaxStats FY2013%Ppl#Ppl2017
Total Individuals100%9,155
Salary or Wage 89%8,115$61,231$496,887,501
Gross Interest59%5,420$1,532$8,300,837
Unfranked Dividends4%400$600$240,133
Franked Dividends14%1,255$4,303$5,400,595
Dividend Franking Credit14%1,250$1,851$2,313,435
Capital Gains2%205$14,973$3,069,368
Termination Payouts2%200$11,882$2,376,454
Tips/Directors Fees etc17%1,570$5,123$8,042,444
Business Income9%855$22,725$19,430,008
Foreign Income3%295$1,680$495,708
Government payments5%490$5,586$2,736,949
Government pensions2%160$10,172$1,627,497
Total Income or Loss100%9,115$61,678$562,191,933
Charitable Gifts33%3,035$385$1,168,170
Cost of Tax Affairs46%4,185$283$1,183,203
Work Car expenses23%2,090$3,188$6,663,501
Work Travel expenses19%1,785$1,826$3,259,184
Self Education expenses8%765$2,902$2,220,251
Total Deductions82%7,480$3,492$26,121,636
Taxable Income99%9,105$58,811$535,472,563
Medicare Levy 72%6,575$1,070$7,036,448
Medicare Surcharge 2%195$990$193,016
Gross Tax 84%7,720$14,669$113,247,522
Net Tax 80%7,340$16,056$117,854,242
Average Tax 100%9,155 $12,873$117,854,242
Gross Tax Rate 84%7,720 25%$113,247,522
Net Tax Rate 80%7,340 27%$117,854,242
Average Tax Rate 100%9,155 22%$117,854,242
%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 $58,811. It is estimated that the average taxable income for people who paid a net amount of tax was $70067.

The average net tax paid was $16,056. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 6,575 people for an average of $1,070. 195 people paid $990 on average more for the Medicare surcharge.

8,115 people earned a salary or wage and took home an average of $61,231 each.

Government allowance and payments were collected by 490 people for on average $5,586. 160 people received the pension or other allowance.

Charitable gifts and donations of an average of $385 were made by 3,035 people.

The costs of tax affairs for 4,185 people were claimed for $283 each.