TaxStats for postcode 3087 FY2013

Postcode 3087 includes Watsonia, Watsonia, Watsonia North, Watsonia North in Victoria, and is in the federal electorate of Jagajaga.

In FY 2013 the ATO recorded 4,960 individuals in postcode 3087. Of these people, 4,940 made a taxable income or loss. 4,125 of the population paid a gross amount of tax. After tax offsets, 3,810 people actually paid a net amount of tax. There were 1,130 non-taxable people who paid net tax of $0.

Compare TaxStats of 3087 with VIC

3087 TaxStats FY2013%Ppl#Ppl3087
Total Individuals100%4,960
Salary or Wage 83%4,110$53,078$218,148,559
Gross Interest62%3,065$1,769$5,422,909
Unfranked Dividends11%525$484$254,158
Franked Dividends26%1,300$4,048$5,262,974
Dividend Franking Credit26%1,295$1,739$2,252,302
Capital Gains4%190$12,882$2,447,579
Termination Payouts2%90$10,881$979,287
Tips/Directors Fees etc20%980$2,965$2,905,251
Business Income7%370$15,847$5,863,444
Foreign Income5%250$544$135,944
Government payments6%285$4,880$1,390,915
Government pensions5%250$9,374$2,343,482
Total Income or Loss100%4,945$52,771$260,954,523
Charitable Gifts44%2,170$286$621,269
Cost of Tax Affairs51%2,505$216$541,045
Work Car expenses30%1,470$2,448$3,598,783
Work Travel expenses11%530$1,123$595,163
Self Education expenses4%215$1,831$393,680
Total Deductions84%4,175$2,602$10,863,454
Taxable Income100%4,940$50,594$249,935,827
Medicare Levy 74%3,680$924$3,401,431
Medicare Surcharge 1%50$850$42,521
Gross Tax 83%4,125$11,463$47,283,027
Net Tax 77%3,810$12,732$48,509,448
Average Tax 100%4,960 $9,780$48,509,448
Gross Tax Rate 83%4,125 23%$47,283,027
Net Tax Rate 77%3,810 25%$48,509,448
Average Tax Rate 100%4,960 19%$48,509,448
%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 $50,594. It is estimated that the average taxable income for people who paid a net amount of tax was $62041.

The average net tax paid was $12,732. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,680 people for an average of $924. 50 people paid $850 on average more for the Medicare surcharge.

4,110 people earned a salary or wage and took home an average of $53,078 each.

Government allowance and payments were collected by 285 people for on average $4,880. 250 people received the pension or other allowance.

Charitable gifts and donations of an average of $286 were made by 2,170 people.

The costs of tax affairs for 2,505 people were claimed for $216 each.