TaxStats for postcode 3051 FY2013

Postcode 3051 includes Hotham Hill, North Melbourne, North Melbourne in Victoria, and is in the federal electorate of Melbourne.

In FY 2013 the ATO recorded 7,200 individuals in postcode 3051. Of these people, 7,150 made a taxable income or loss. 5,570 of the population paid a gross amount of tax. After tax offsets, 5,200 people actually paid a net amount of tax. There were 1,950 non-taxable people who paid net tax of $0.

Compare TaxStats of 3051 with VIC

3051 TaxStats FY2013%Ppl#Ppl3051
Total Individuals100%7,200
Salary or Wage 85%6,125$51,933$318,088,290
Gross Interest59%4,265$1,840$7,846,692
Unfranked Dividends7%470$772$362,701
Franked Dividends17%1,245$6,622$8,244,706
Dividend Franking Credit17%1,240$2,850$3,533,633
Capital Gains3%230$45,604$10,488,930
Termination Payouts1%100$16,284$1,628,378
Tips/Directors Fees etc15%1,060$3,744$3,968,699
Business Income12%870$24,715$21,502,447
Foreign Income4%320$2,385$763,045
Government payments11%795$5,981$4,754,977
Government pensions2%140$9,616$1,346,245
Total Income or Loss100%7,165$56,763$406,710,468
Charitable Gifts33%2,400$619$1,485,277
Cost of Tax Affairs40%2,845$373$1,060,613
Work Car expenses17%1,255$2,368$2,972,070
Work Travel expenses14%1,025$1,333$1,365,865
Self Education expenses7%485$3,317$1,608,650
Total Deductions76%5,445$3,212$17,487,618
Taxable Income99%7,150$54,372$388,760,175
Medicare Levy 67%4,835$1,071$5,180,515
Medicare Surcharge 2%140$1,027$143,762
Gross Tax 77%5,570$14,955$83,299,388
Net Tax 72%5,200$16,499$85,795,914
Average Tax 100%7,200 $11,916$85,795,914
Gross Tax Rate 77%5,570 28%$83,299,388
Net Tax Rate 72%5,200 30%$85,795,914
Average Tax Rate 100%7,200 22%$85,795,914
%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 $54,372. It is estimated that the average taxable income for people who paid a net amount of tax was $70262.

The average net tax paid was $16,499. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 4,835 people for an average of $1,071. 140 people paid $1,027 on average more for the Medicare surcharge.

6,125 people earned a salary or wage and took home an average of $51,933 each.

Government allowance and payments were collected by 795 people for on average $5,981. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $619 were made by 2,400 people.

The costs of tax affairs for 2,845 people were claimed for $373 each.