TaxStats for postcode 3206 FY2013

Postcode 3206 includes Albert Park, Albert Park, Middle Park, Middle Park in Victoria, and is in the federal electorate of Melbourne Ports.

In FY 2013 the ATO recorded 6,920 individuals in postcode 3206. Of these people, 6,870 made a taxable income or loss. 5,890 of the population paid a gross amount of tax. After tax offsets, 5,540 people actually paid a net amount of tax. There were 1,330 non-taxable people who paid net tax of $0.

Compare TaxStats of 3206 with VIC

3206 TaxStats FY2013%Ppl#Ppl3206
Total Individuals100%6,920
Salary or Wage 72%4,985$95,083$473,986,704
Gross Interest68%4,705$3,912$18,404,438
Unfranked Dividends16%1,080$5,849$6,317,371
Franked Dividends36%2,505$24,315$60,910,016
Dividend Franking Credit36%2,490$10,482$26,100,145
Capital Gains8%565$44,032$24,878,144
Termination Payouts2%125$48,159$6,019,921
Tips/Directors Fees etc14%975$10,897$10,624,708
Business Income13%890$48,469$43,137,607
Foreign Income10%715$7,203$5,150,214
Government payments3%220$5,374$1,182,321
Government pensions3%225$9,186$2,066,763
Total Income or Loss100%6,890$121,881$839,761,661
Charitable Gifts42%2,920$3,165$9,240,989
Cost of Tax Affairs52%3,630$1,040$3,775,668
Work Car expenses25%1,715$4,074$6,986,862
Work Travel expenses14%970$1,991$1,930,972
Self Education expenses4%250$3,336$833,976
Total Deductions83%5,745$7,530$43,258,231
Taxable Income99%6,870$115,589$794,096,094
Medicare Levy 77%5,350$2,126$11,372,841
Medicare Surcharge 2%150$1,492$223,860
Gross Tax 85%5,890$42,156$248,296,098
Net Tax 80%5,540$45,968$254,661,884
Average Tax 100%6,920 $36,801$254,661,884
Gross Tax Rate 85%5,890 36%$248,296,098
Net Tax Rate 80%5,540 40%$254,661,884
Average Tax Rate 100%6,920 32%$254,661,884
%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 $115,589. It is estimated that the average taxable income for people who paid a net amount of tax was $140458.

The average net tax paid was $45,968. This equates to an average tax of 40 cents in the dollar on taxable income.

The Medicare levy was paid by 5,350 people for an average of $2,126. 150 people paid $1,492 on average more for the Medicare surcharge.

4,985 people earned a salary or wage and took home an average of $95,083 each.

Government allowance and payments were collected by 220 people for on average $5,374. 225 people received the pension or other allowance.

Charitable gifts and donations of an average of $3,165 were made by 2,920 people.

The costs of tax affairs for 3,630 people were claimed for $1,040 each.