TaxStats for postcode 2502 FY2013

Postcode 2502 includes Cringila, Lake Heights, Primbee, Warrawong in New South Wales, and is in the federal electorate of Throsby.

In FY 2013 the ATO recorded 4,670 individuals in postcode 2502. Of these people, 4,655 made a taxable income or loss. 3,700 of the population paid a gross amount of tax. After tax offsets, 3,255 people actually paid a net amount of tax. There were 1,400 non-taxable people who paid net tax of $0.

Compare TaxStats of 2502 with NSW

2502 TaxStats FY2013%Ppl#Ppl2502
Total Individuals100%4,670
Salary or Wage 82%3,835$46,275$177,463,666
Gross Interest49%2,290$1,907$4,367,846
Unfranked Dividends7%315$204$64,285
Franked Dividends23%1,075$3,781$4,064,947
Dividend Franking Credit23%1,075$1,622$1,743,759
Capital Gains2%100$15,771$1,577,104
Termination Payouts2%110$9,322$1,025,417
Tips/Directors Fees etc23%1,060$2,196$2,327,464
Business Income8%385$16,459$6,336,689
Foreign Income2%100$210$21,035
Government payments12%575$5,817$3,344,850
Government pensions7%350$10,202$3,570,799
Total Income or Loss100%4,655$45,681$212,644,419
Charitable Gifts39%1,830$273$499,708
Cost of Tax Affairs61%2,860$215$613,472
Work Car expenses36%1,695$2,484$4,210,515
Work Travel expenses8%380$2,081$790,883
Self Education expenses5%245$2,010$492,509
Total Deductions82%3,835$2,989$11,462,145
Taxable Income100%4,655$43,071$200,496,375
Medicare Levy 65%3,040$839$2,551,459
Medicare Surcharge 1%35$1,216$42,576
Gross Tax 79%3,700$9,200$34,039,860
Net Tax 70%3,255$10,457$34,035,909
Average Tax 100%4,670 $7,288$34,035,909
Gross Tax Rate 79%3,700 21%$34,039,860
Net Tax Rate 70%3,255 24%$34,035,909
Average Tax Rate 100%4,670 17%$34,035,909
%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 $43,071. It is estimated that the average taxable income for people who paid a net amount of tax was $56435.

The average net tax paid was $10,457. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 3,040 people for an average of $839. 35 people paid $1,216 on average more for the Medicare surcharge.

3,835 people earned a salary or wage and took home an average of $46,275 each.

Government allowance and payments were collected by 575 people for on average $5,817. 350 people received the pension or other allowance.

Charitable gifts and donations of an average of $273 were made by 1,830 people.

The costs of tax affairs for 2,860 people were claimed for $215 each.