TaxStats for postcode 3174 FY2013

Postcode 3174 includes Noble Park, Noble Park North in Victoria, and is in the federal electorate of Bruce.

In FY 2013 the ATO recorded 17,600 individuals in postcode 3174. Of these people, 17,505 made a taxable income or loss. 14,065 of the population paid a gross amount of tax. After tax offsets, 12,825 people actually paid a net amount of tax. There were 4,680 non-taxable people who paid net tax of $0.

Compare TaxStats of 3174 with VIC

3174 TaxStats FY2013%Ppl#Ppl3174
Avg
3174
Total
Total Individuals100%17,600
Income
Salary or Wage 84%14,740$42,225$622,397,028
Gross Interest46%8,135$1,260$10,246,626
Unfranked Dividends4%785$332$260,954
Franked Dividends12%2,025$2,783$5,634,701
Dividend Franking Credit11%2,020$1,190$2,404,172
Capital Gains2%290$10,060$2,917,340
Termination Payouts2%310$5,455$1,691,181
Tips/Directors Fees etc18%3,090$2,300$7,108,124
Business Income10%1,810$16,372$29,634,013
Foreign Income2%310$553$171,450
Government payments10%1,675$5,623$9,419,006
Government pensions5%875$9,923$8,682,517
Total Income or Loss99%17,510$41,325$723,602,959
Deducations
Charitable Gifts34%5,930$243$1,440,193
Cost of Tax Affairs54%9,445$184$1,740,011
Work Car expenses24%4,200$2,290$9,619,740
Work Travel expenses8%1,375$1,037$1,425,935
Self Education expenses4%670$1,963$1,315,225
Total Deductions80%14,105$1,981$27,946,830
Taxation
Taxable Income99%17,505$39,727$695,423,304
Medicare Levy 66%11,570$745$8,617,530
Medicare Surcharge 1%115$1,119$128,660
Gross Tax 80%14,065$7,471$105,078,889
Net Tax 73%12,825$8,337$106,927,298
Average Tax 100%17,600 $6,075$106,927,298
Gross Tax Rate 80%14,065 19%$105,078,889
Net Tax Rate 73%12,825 21%$106,927,298
Average Tax Rate 100%17,600 15%$106,927,298
%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 $39,727. It is estimated that the average taxable income for people who paid a net amount of tax was $49845.

The average net tax paid was $8,337. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 11,570 people for an average of $745. 115 people paid $1,119 on average more for the Medicare surcharge.

14,740 people earned a salary or wage and took home an average of $42,225 each.

Government allowance and payments were collected by 1,675 people for on average $5,623. 875 people received the pension or other allowance.

Charitable gifts and donations of an average of $243 were made by 5,930 people.

The costs of tax affairs for 9,445 people were claimed for $184 each.