TaxStats for postcode 2322 FY2013

Postcode 2322 includes Beresfield, Black Hill, Black Hill, Hexham, Hexham, Lenaghan, Lenaghan, Stockrington, Stockrington, Tarro, Tarro, Thornton, Tomago, Tomago, Woodberry, Woodberry in New South Wales, and is in the federal electorate of Newcastle.

In FY 2013 the ATO recorded 9,505 individuals in postcode 2322. Of these people, 9,480 made a taxable income or loss. 7,765 of the population paid a gross amount of tax. After tax offsets, 7,255 people actually paid a net amount of tax. There were 2,225 non-taxable people who paid net tax of $0.

Compare TaxStats of 2322 with NSW

2322 TaxStats FY2013%Ppl#Ppl2322
Total Individuals100%9,505
Salary or Wage 86%8,180$53,916$441,032,024
Gross Interest54%5,145$1,175$6,044,427
Unfranked Dividends8%745$270$201,440
Franked Dividends27%2,545$3,691$9,394,290
Dividend Franking Credit27%2,535$1,585$4,017,826
Capital Gains3%295$10,112$2,982,920
Termination Payouts2%235$10,184$2,393,193
Tips/Directors Fees etc24%2,290$2,178$4,986,786
Business Income5%495$18,761$9,286,603
Foreign Income3%320$230$73,694
Government payments7%690$5,165$3,564,174
Government pensions5%485$9,391$4,554,478
Total Income or Loss100%9,485$54,165$513,756,800
Charitable Gifts42%3,965$309$1,224,765
Cost of Tax Affairs50%4,770$236$1,123,537
Work Car expenses29%2,760$2,219$6,124,211
Work Travel expenses7%690$1,989$1,372,721
Self Education expenses5%500$1,572$786,090
Total Deductions86%8,185$2,371$19,405,490
Taxable Income100%9,480$52,119$494,092,670
Medicare Levy 73%6,960$964$6,708,827
Medicare Surcharge 1%100$1,025$102,487
Gross Tax 82%7,765$12,546$97,422,515
Net Tax 76%7,255$13,845$100,444,113
Average Tax 100%9,505 $10,568$100,444,113
Gross Tax Rate 82%7,765 24%$97,422,515
Net Tax Rate 76%7,255 27%$100,444,113
Average Tax Rate 100%9,505 20%$100,444,113
%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 $52,119. It is estimated that the average taxable income for people who paid a net amount of tax was $64424.

The average net tax paid was $13,845. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 6,960 people for an average of $964. 100 people paid $1,025 on average more for the Medicare surcharge.

8,180 people earned a salary or wage and took home an average of $53,916 each.

Government allowance and payments were collected by 690 people for on average $5,165. 485 people received the pension or other allowance.

Charitable gifts and donations of an average of $309 were made by 3,965 people.

The costs of tax affairs for 4,770 people were claimed for $236 each.