TaxStats for postcode 3170 FY2013

Postcode 3170 includes Mulgrave, Mulgrave, Waverley Gardens in Victoria, and is in the federal electorate of Bruce.

In FY 2013 the ATO recorded 10,945 individuals in postcode 3170. Of these people, 10,855 made a taxable income or loss. 8,720 of the population paid a gross amount of tax. After tax offsets, 8,050 people actually paid a net amount of tax. There were 2,805 non-taxable people who paid net tax of $0.

Compare TaxStats of 3170 with VIC

3170 TaxStats FY2013%Ppl#Ppl3170
Avg
3170
Total
Total Individuals100%10,945
Income
Salary or Wage 79%8,630$51,785$446,908,264
Gross Interest60%6,570$1,973$12,964,080
Unfranked Dividends9%1,000$434$433,552
Franked Dividends24%2,635$6,130$16,151,743
Dividend Franking Credit24%2,625$2,629$6,900,428
Capital Gains3%365$16,504$6,024,076
Termination Payouts2%195$10,911$2,127,631
Tips/Directors Fees etc18%1,930$4,479$8,645,403
Business Income9%940$19,956$18,758,923
Foreign Income4%465$902$419,205
Government payments5%575$5,082$2,922,338
Government pensions5%575$9,614$5,527,841
Total Income or Loss99%10,875$52,241$568,124,814
Deducations
Charitable Gifts38%4,115$363$1,492,009
Cost of Tax Affairs49%5,335$332$1,772,379
Work Car expenses28%3,010$2,679$8,063,917
Work Travel expenses10%1,110$1,208$1,340,941
Self Education expenses4%465$2,053$954,519
Total Deductions80%8,775$2,745$24,090,717
Taxation
Taxable Income99%10,855$50,067$543,476,537
Medicare Levy 70%7,690$953$7,332,029
Medicare Surcharge 1%130$1,279$166,269
Gross Tax 80%8,720$12,178$106,195,190
Net Tax 74%8,050$13,568$109,225,222
Average Tax 100%10,945 $9,979$109,225,222
Gross Tax Rate 80%8,720 24%$106,195,190
Net Tax Rate 74%8,050 27%$109,225,222
Average Tax Rate 100%10,945 20%$109,225,222
%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 $50,067. It is estimated that the average taxable income for people who paid a net amount of tax was $63331.

The average net tax paid was $13,568. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 7,690 people for an average of $953. 130 people paid $1,279 on average more for the Medicare surcharge.

8,630 people earned a salary or wage and took home an average of $51,785 each.

Government allowance and payments were collected by 575 people for on average $5,082. 575 people received the pension or other allowance.

Charitable gifts and donations of an average of $363 were made by 4,115 people.

The costs of tax affairs for 5,335 people were claimed for $332 each.