TaxStats for postcode 3114 FY2013

Postcode 3114 includes Park Orchards in Victoria, and is in the federal electorate of Menzies.

In FY 2013 the ATO recorded 2,410 individuals in postcode 3114. Of these people, 2,395 made a taxable income or loss. 1,915 of the population paid a gross amount of tax. After tax offsets, 1,785 people actually paid a net amount of tax. There were 610 non-taxable people who paid net tax of $0.

Compare TaxStats of 3114 with VIC

3114 TaxStats FY2013%Ppl#Ppl3114
Total Individuals100%2,410
Salary or Wage 71%1,720$70,258$120,844,586
Gross Interest67%1,605$2,909$4,668,641
Unfranked Dividends15%360$821$295,423
Franked Dividends39%945$12,948$12,235,526
Dividend Franking Credit39%945$5,549$5,244,036
Capital Gains7%180$14,915$2,684,748
Termination Payouts1%35$66,609$2,331,324
Tips/Directors Fees etc17%410$6,620$2,714,199
Business Income9%225$25,365$5,707,056
Foreign Income10%235$441$103,685
Government payments3%75$5,407$405,535
Government pensions4%95$9,135$867,811
Total Income or Loss100%2,400$79,899$191,757,060
Charitable Gifts35%845$933$788,346
Cost of Tax Affairs42%1,010$655$661,347
Work Car expenses22%520$3,738$1,943,616
Work Travel expenses9%205$939$192,445
Self Education expenses3%80$1,393$111,455
Total Deductions78%1,875$5,066$9,499,318
Taxable Income99%2,395$76,025$182,080,453
Medicare Levy 72%1,730$1,494$2,585,143
Medicare Surcharge 1%20$2,191$43,826
Gross Tax 79%1,915$25,254$48,360,715
Net Tax 74%1,785$27,748$49,530,528
Average Tax 100%2,410 $20,552$49,530,528
Gross Tax Rate 79%1,915 33%$48,360,715
Net Tax Rate 74%1,785 36%$49,530,528
Average Tax Rate 100%2,410 27%$49,530,528
%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 $76,025. It is estimated that the average taxable income for people who paid a net amount of tax was $97905.

The average net tax paid was $27,748. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 1,730 people for an average of $1,494. 20 people paid $2,191 on average more for the Medicare surcharge.

1,720 people earned a salary or wage and took home an average of $70,258 each.

Government allowance and payments were collected by 75 people for on average $5,407. 95 people received the pension or other allowance.

Charitable gifts and donations of an average of $933 were made by 845 people.

The costs of tax affairs for 1,010 people were claimed for $655 each.