TaxStats for postcode 3161 FY2013

Postcode 3161 includes Caulfield North, Caulfield North in Victoria, and is in the federal electorate of Melbourne Ports.

In FY 2013 the ATO recorded 9,730 individuals in postcode 3161. Of these people, 9,655 made a taxable income or loss. 8,050 of the population paid a gross amount of tax. After tax offsets, 7,515 people actually paid a net amount of tax. There were 2,140 non-taxable people who paid net tax of $0.

Compare TaxStats of 3161 with VIC

3161 TaxStats FY2013%Ppl#Ppl3161
Avg
3161
Total
Total Individuals100%9,730
Income
Salary or Wage 70%6,790$61,416$417,014,174
Gross Interest68%6,650$4,543$30,208,928
Unfranked Dividends13%1,230$1,072$1,318,185
Franked Dividends34%3,330$14,155$47,137,240
Dividend Franking Credit34%3,320$6,084$20,197,457
Capital Gains7%705$43,882$30,936,916
Termination Payouts1%130$28,758$3,738,512
Tips/Directors Fees etc13%1,265$6,288$7,954,387
Business Income11%1,090$56,659$61,758,126
Foreign Income10%930$4,448$4,136,902
Government payments5%450$5,127$2,307,217
Government pensions3%305$9,767$2,978,803
Total Income or Loss99%9,665$86,597$836,958,139
Deducations
Charitable Gifts39%3,780$2,047$7,737,166
Cost of Tax Affairs43%4,180$3,740$15,632,416
Work Car expenses21%2,070$3,271$6,770,059
Work Travel expenses10%940$1,407$1,322,611
Self Education expenses3%325$2,906$944,296
Total Deductions78%7,555$7,423$56,081,769
Taxation
Taxable Income99%9,655$80,771$779,848,379
Medicare Levy 73%7,130$1,557$11,098,252
Medicare Surcharge 1%110$1,565$172,168
Gross Tax 83%8,050$26,736$215,227,226
Net Tax 77%7,515$29,433$221,187,679
Average Tax 100%9,730 $22,733$221,187,679
Gross Tax Rate 83%8,050 33%$215,227,226
Net Tax Rate 77%7,515 36%$221,187,679
Average Tax Rate 100%9,730 28%$221,187,679
%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 $80,771. It is estimated that the average taxable income for people who paid a net amount of tax was $100355.

The average net tax paid was $29,433. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 7,130 people for an average of $1,557. 110 people paid $1,565 on average more for the Medicare surcharge.

6,790 people earned a salary or wage and took home an average of $61,416 each.

Government allowance and payments were collected by 450 people for on average $5,127. 305 people received the pension or other allowance.

Charitable gifts and donations of an average of $2,047 were made by 3,780 people.

The costs of tax affairs for 4,180 people were claimed for $3,740 each.