TaxStats for postcode 2151 FY2013
Postcode 2151 includes North Parramatta, North Rocks in New South Wales, and is in the federal electorate of Parramatta.
In FY 2013 the ATO recorded 11,385 individuals in postcode 2151. Of these people, 11,305 made a taxable income or loss. 9,315 of the population paid a gross amount of tax. After tax offsets, 8,620 people actually paid a net amount of tax. There were 2,685 non-taxable people who paid net tax of $0.
Compare TaxStats of 2151 with NSW
| 2151 TaxStats FY2013 | %Ppl | #Ppl | 2151 Avg | 2151 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 11,385 | ||
| Income | ||||
| Salary or Wage | 81% | 9,240 | $57,379 | $530,181,240 |
| Gross Interest | 61% | 6,920 | $2,089 | $14,454,988 |
| Unfranked Dividends | 9% | 1,030 | $654 | $673,536 |
| Franked Dividends | 27% | 3,100 | $4,979 | $15,435,765 |
| Dividend Franking Credit | 27% | 3,090 | $2,139 | $6,609,151 |
| Capital Gains | 4% | 455 | $11,282 | $5,133,170 |
| Termination Payouts | 2% | 175 | $14,992 | $2,623,686 |
| Tips/Directors Fees etc | 18% | 2,045 | $4,411 | $9,020,957 |
| Business Income | 8% | 950 | $19,382 | $18,412,820 |
| Foreign Income | 5% | 570 | $950 | $541,393 |
| Government payments | 6% | 630 | $5,609 | $3,533,860 |
| Government pensions | 4% | 500 | $9,404 | $4,701,813 |
| Total Income or Loss | 99% | 11,325 | $56,894 | $644,324,900 |
| Deducations | ||||
| Charitable Gifts | 36% | 4,055 | $501 | $2,032,426 |
| Cost of Tax Affairs | 47% | 5,395 | $311 | $1,679,935 |
| Work Car expenses | 24% | 2,705 | $2,634 | $7,125,116 |
| Work Travel expenses | 11% | 1,250 | $1,104 | $1,380,316 |
| Self Education expenses | 6% | 720 | $2,126 | $1,530,545 |
| Total Deductions | 80% | 9,060 | $2,853 | $25,852,157 |
| Taxation | ||||
| Taxable Income | 99% | 11,305 | $54,640 | $617,702,112 |
| Medicare Levy | 72% | 8,220 | $1,023 | $8,407,634 |
| Medicare Surcharge | 1% | 135 | $1,041 | $140,504 |
| Gross Tax | 82% | 9,315 | $13,569 | $126,393,948 |
| Net Tax | 76% | 8,620 | $15,119 | $130,329,525 |
| Average Tax | 100% | 11,385 | $11,447 | $130,329,525 |
| Gross Tax Rate | 82% | 9,315 | 25% | $126,393,948 |
| Net Tax Rate | 76% | 8,620 | 28% | $130,329,525 |
| Average Tax Rate | 100% | 11,385 | 21% | $130,329,525 |
| %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 $54,640. It is estimated that the average taxable income for people who paid a net amount of tax was $67921.
The average net tax paid was $15,119. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 8,220 people for an average of $1,023. 135 people paid $1,041 on average more for the Medicare surcharge.
9,240 people earned a salary or wage and took home an average of $57,379 each.
Government allowance and payments were collected by 630 people for on average $5,609. 500 people received the pension or other allowance.
Charitable gifts and donations of an average of $501 were made by 4,055 people.
The costs of tax affairs for 5,395 people were claimed for $311 each.