TaxStats for postcode 5031 FY2013

Postcode 5031 includes Mile End, Mile End South, Thebarton, Torrensville, Torrensville Plaza in South Australia, and is in the federal electorate of Adelaide.

In FY 2013 the ATO recorded 5,395 individuals in postcode 5031. Of these people, 5,370 made a taxable income or loss. 4,460 of the population paid a gross amount of tax. After tax offsets, 4,205 people actually paid a net amount of tax. There were 1,165 non-taxable people who paid net tax of $0.

Compare TaxStats of 5031 with SA

5031 TaxStats FY2013%Ppl#Ppl5031
Total Individuals100%5,395
Salary or Wage 84%4,535$50,727$230,047,080
Gross Interest57%3,080$1,402$4,319,457
Unfranked Dividends6%310$1,095$339,388
Franked Dividends17%920$5,395$4,963,398
Dividend Franking Credit17%920$2,311$2,125,899
Capital Gains3%155$10,477$1,623,950
Termination Payouts2%85$15,648$1,330,053
Tips/Directors Fees etc15%815$2,853$2,325,125
Business Income10%565$21,609$12,209,080
Foreign Income4%220$1,199$263,829
Government payments10%515$5,279$2,718,882
Government pensions3%180$9,322$1,677,917
Total Income or Loss100%5,375$52,938$284,543,779
Charitable Gifts36%1,920$341$654,535
Cost of Tax Affairs43%2,305$307$708,506
Work Car expenses25%1,350$2,254$3,043,250
Work Travel expenses8%450$1,197$538,648
Self Education expenses4%215$2,163$465,125
Total Deductions82%4,425$2,771$12,261,563
Taxable Income100%5,370$50,680$272,151,308
Medicare Levy 75%4,020$922$3,705,446
Medicare Surcharge 1%70$1,089$76,250
Gross Tax 83%4,460$11,677$52,081,058
Net Tax 78%4,205$12,757$53,644,280
Average Tax 100%5,395 $9,943$53,644,280
Gross Tax Rate 83%4,460 23%$52,081,058
Net Tax Rate 78%4,205 25%$53,644,280
Average Tax Rate 100%5,395 20%$53,644,280
%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 $50,680. It is estimated that the average taxable income for people who paid a net amount of tax was $61396.

The average net tax paid was $12,757. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 4,020 people for an average of $922. 70 people paid $1,089 on average more for the Medicare surcharge.

4,535 people earned a salary or wage and took home an average of $50,727 each.

Government allowance and payments were collected by 515 people for on average $5,279. 180 people received the pension or other allowance.

Charitable gifts and donations of an average of $341 were made by 1,920 people.

The costs of tax affairs for 2,305 people were claimed for $307 each.