TaxStats for postcode 3002 FY2013

Postcode 3002 includes East Melbourne, East Melbourne in Victoria, and is in the federal electorate of Melbourne.

In FY 2013 the ATO recorded 3,575 individuals in postcode 3002. Of these people, 3,550 made a taxable income or loss. 3,090 of the population paid a gross amount of tax. After tax offsets, 2,955 people actually paid a net amount of tax. There were 595 non-taxable people who paid net tax of $0.

Compare TaxStats of 3002 with VIC

3002 TaxStats FY2013%Ppl#Ppl3002
Total Individuals100%3,575
Salary or Wage 77%2,770$77,763$215,403,602
Gross Interest71%2,530$4,773$12,076,001
Unfranked Dividends13%470$3,340$1,569,793
Franked Dividends31%1,125$23,069$25,952,420
Dividend Franking Credit31%1,120$9,923$11,113,363
Capital Gains8%280$56,090$15,705,086
Termination Payouts1%50$17,200$859,990
Tips/Directors Fees etc14%485$8,175$3,964,887
Business Income13%455$65,349$29,733,917
Foreign Income11%385$8,776$3,378,660
Government payments4%140$5,111$715,513
Government pensions2%70$9,958$697,073
Total Income or Loss100%3,560$108,987$387,995,346
Charitable Gifts40%1,415$2,650$3,749,645
Cost of Tax Affairs46%1,635$1,031$1,686,223
Work Car expenses19%685$2,634$1,804,148
Work Travel expenses14%500$2,189$1,094,416
Self Education expenses6%230$3,237$744,493
Total Deductions83%2,950$6,568$19,376,784
Taxable Income99%3,550$103,522$367,504,837
Medicare Levy 79%2,830$1,828$5,174,115
Medicare Surcharge 2%80$1,130$90,427
Gross Tax 86%3,090$35,918$110,985,492
Net Tax 83%2,955$38,635$114,165,910
Average Tax 100%3,575 $31,935$114,165,910
Gross Tax Rate 86%3,090 35%$110,985,492
Net Tax Rate 83%2,955 37%$114,165,910
Average Tax Rate 100%3,575 31%$114,165,910
%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 $103,522. It is estimated that the average taxable income for people who paid a net amount of tax was $121951.

The average net tax paid was $38,635. This equates to an average tax of 37 cents in the dollar on taxable income.

The Medicare levy was paid by 2,830 people for an average of $1,828. 80 people paid $1,130 on average more for the Medicare surcharge.

2,770 people earned a salary or wage and took home an average of $77,763 each.

Government allowance and payments were collected by 140 people for on average $5,111. 70 people received the pension or other allowance.

Charitable gifts and donations of an average of $2,650 were made by 1,415 people.

The costs of tax affairs for 1,635 people were claimed for $1,031 each.