TaxStats for postcode 5000 FY2013
Postcode 5000 includes Adelaide, Adelaide Bc, City West Campus, Halifax Street, Hutt Street, Parliament House, Rundle Mall, Station Arcade, Sturt Street in South Australia, and is in the federal electorate of Adelaide.
In FY 2013 the ATO recorded 7,680 individuals in postcode 5000. Of these people, 7,605 made a taxable income or loss. 5,925 of the population paid a gross amount of tax. After tax offsets, 5,530 people actually paid a net amount of tax. There were 2,075 non-taxable people who paid net tax of $0.
Compare TaxStats of 5000 with SA
| 5000 TaxStats FY2013 | %Ppl | #Ppl | 5000 Avg | 5000 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,680 | ||
| Income | ||||
| Salary or Wage | 78% | 5,955 | $54,013 | $321,647,335 |
| Gross Interest | 61% | 4,675 | $2,163 | $10,111,648 |
| Unfranked Dividends | 8% | 580 | $1,077 | $624,584 |
| Franked Dividends | 19% | 1,445 | $13,770 | $19,897,077 |
| Dividend Franking Credit | 19% | 1,440 | $5,918 | $8,522,062 |
| Capital Gains | 4% | 345 | $24,647 | $8,503,206 |
| Termination Payouts | 1% | 85 | $16,795 | $1,427,589 |
| Tips/Directors Fees etc | 12% | 960 | $5,231 | $5,021,398 |
| Business Income | 11% | 820 | $40,425 | $33,148,168 |
| Foreign Income | 6% | 435 | $1,637 | $712,255 |
| Government payments | 7% | 530 | $6,092 | $3,228,760 |
| Government pensions | 3% | 200 | $8,775 | $1,754,974 |
| Total Income or Loss | 99% | 7,620 | $63,607 | $484,689,019 |
| Deducations | ||||
| Charitable Gifts | 29% | 2,230 | $938 | $2,092,493 |
| Cost of Tax Affairs | 36% | 2,800 | $560 | $1,567,404 |
| Work Car expenses | 17% | 1,310 | $2,357 | $3,088,138 |
| Work Travel expenses | 9% | 725 | $1,838 | $1,332,521 |
| Self Education expenses | 5% | 415 | $2,668 | $1,107,347 |
| Total Deductions | 73% | 5,630 | $3,804 | $21,417,969 |
| Taxation | ||||
| Taxable Income | 99% | 7,605 | $60,801 | $462,394,230 |
| Medicare Levy | 65% | 5,030 | $1,215 | $6,110,186 |
| Medicare Surcharge | 2% | 145 | $1,099 | $159,370 |
| Gross Tax | 77% | 5,925 | $18,540 | $109,846,643 |
| Net Tax | 72% | 5,530 | $20,345 | $112,505,756 |
| Average Tax | 100% | 7,680 | $14,649 | $112,505,756 |
| Gross Tax Rate | 77% | 5,925 | 30% | $109,846,643 |
| Net Tax Rate | 72% | 5,530 | 33% | $112,505,756 |
| Average Tax Rate | 100% | 7,680 | 24% | $112,505,756 |
| %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 $60,801. It is estimated that the average taxable income for people who paid a net amount of tax was $79113.
The average net tax paid was $20,345. This equates to an average tax of 33 cents in the dollar on taxable income.
The Medicare levy was paid by 5,030 people for an average of $1,215. 145 people paid $1,099 on average more for the Medicare surcharge.
5,955 people earned a salary or wage and took home an average of $54,013 each.
Government allowance and payments were collected by 530 people for on average $6,092. 200 people received the pension or other allowance.
Charitable gifts and donations of an average of $938 were made by 2,230 people.
The costs of tax affairs for 2,800 people were claimed for $560 each.