TaxStats for postcode 5081 FY2013

Postcode 5081 includes Collinswood, Collinswood, Gilberton, Gilberton, Medindie, Medindie, Medindie Gardens, Medindie Gardens, Vale Park, Vale Park, Walkerville, Walkerville in South Australia, and is in the federal electorate of Adelaide.

In FY 2013 the ATO recorded 5,780 individuals in postcode 5081. Of these people, 5,755 made a taxable income or loss. 4,730 of the population paid a gross amount of tax. After tax offsets, 4,390 people actually paid a net amount of tax. There were 1,365 non-taxable people who paid net tax of $0.

Compare TaxStats of 5081 with SA

5081 TaxStats FY2013%Ppl#Ppl5081
Avg
5081
Total
Total Individuals100%5,780
Income
Salary or Wage 69%3,995$61,219$244,569,292
Gross Interest67%3,880$3,687$14,305,571
Unfranked Dividends16%905$1,478$1,337,735
Franked Dividends37%2,135$19,708$42,076,282
Dividend Franking Credit37%2,130$8,465$18,030,590
Capital Gains8%445$25,287$11,252,862
Termination Payouts1%60$29,166$1,749,964
Tips/Directors Fees etc13%725$5,395$3,911,209
Business Income11%640$63,162$40,423,462
Foreign Income11%630$2,360$1,486,953
Government payments4%260$5,199$1,351,778
Government pensions5%305$9,078$2,768,695
Total Income or Loss100%5,760$85,523$492,611,317
Deducations
Charitable Gifts37%2,140$909$1,945,297
Cost of Tax Affairs44%2,545$673$1,712,038
Work Car expenses21%1,200$2,750$3,299,770
Work Travel expenses7%400$1,670$667,840
Self Education expenses3%185$2,149$397,609
Total Deductions80%4,640$5,108$23,702,928
Taxation
Taxable Income100%5,755$81,257$467,634,550
Medicare Levy 73%4,210$1,564$6,586,035
Medicare Surcharge 1%60$1,525$91,510
Gross Tax 82%4,730$27,147$128,403,340
Net Tax 76%4,390$29,855$131,063,194
Average Tax 100%5,780 $22,675$131,063,194
Gross Tax Rate 82%4,730 33%$128,403,340
Net Tax Rate 76%4,390 37%$131,063,194
Average Tax Rate 100%5,780 28%$131,063,194
%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 $81,257. It is estimated that the average taxable income for people who paid a net amount of tax was $102791.

The average net tax paid was $29,855. This equates to an average tax of 37 cents in the dollar on taxable income.

The Medicare levy was paid by 4,210 people for an average of $1,564. 60 people paid $1,525 on average more for the Medicare surcharge.

3,995 people earned a salary or wage and took home an average of $61,219 each.

Government allowance and payments were collected by 260 people for on average $5,199. 305 people received the pension or other allowance.

Charitable gifts and donations of an average of $909 were made by 2,140 people.

The costs of tax affairs for 2,545 people were claimed for $673 each.