TaxStats for postcode 3153 FY2013

Postcode 3153 includes Bayswater, Bayswater North in Victoria, and is in the federal electorate of Aston.

In FY 2013 the ATO recorded 11,380 individuals in postcode 3153. Of these people, 11,330 made a taxable income or loss. 9,400 of the population paid a gross amount of tax. After tax offsets, 8,680 people actually paid a net amount of tax. There were 2,650 non-taxable people who paid net tax of $0.

Compare TaxStats of 3153 with VIC

3153 TaxStats FY2013%Ppl#Ppl3153
Total Individuals100%11,380
Salary or Wage 85%9,665$48,138$465,250,416
Gross Interest56%6,325$1,356$8,576,077
Unfranked Dividends7%820$311$255,180
Franked Dividends19%2,165$3,545$7,675,134
Dividend Franking Credit19%2,160$1,523$3,288,794
Capital Gains3%325$14,866$4,831,600
Termination Payouts2%240$8,319$1,996,664
Tips/Directors Fees etc21%2,365$2,985$7,060,146
Business Income8%915$17,632$16,133,546
Foreign Income3%355$443$157,332
Government payments7%825$5,161$4,257,976
Government pensions5%615$9,291$5,713,686
Total Income or Loss100%11,345$48,614$551,527,797
Charitable Gifts41%4,645$269$1,247,841
Cost of Tax Affairs50%5,675$231$1,309,708
Work Car expenses29%3,340$2,514$8,398,242
Work Travel expenses11%1,200$995$1,193,951
Self Education expenses4%485$1,534$743,854
Total Deductions85%9,635$2,360$22,738,253
Taxable Income100%11,330$46,645$528,491,273
Medicare Levy 73%8,350$852$7,112,484
Medicare Surcharge 1%100$1,107$110,661
Gross Tax 83%9,400$9,900$93,063,525
Net Tax 76%8,680$11,006$95,528,555
Average Tax 100%11,380 $8,394$95,528,555
Gross Tax Rate 83%9,400 21%$93,063,525
Net Tax Rate 76%8,680 24%$95,528,555
Average Tax Rate 100%11,380 18%$95,528,555
%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 $46,645. It is estimated that the average taxable income for people who paid a net amount of tax was $57222.

The average net tax paid was $11,006. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 8,350 people for an average of $852. 100 people paid $1,107 on average more for the Medicare surcharge.

9,665 people earned a salary or wage and took home an average of $48,138 each.

Government allowance and payments were collected by 825 people for on average $5,161. 615 people received the pension or other allowance.

Charitable gifts and donations of an average of $269 were made by 4,645 people.

The costs of tax affairs for 5,675 people were claimed for $231 each.