TaxStats for postcode 3207 FY2013

Postcode 3207 includes Garden City, Port Melbourne, Port Melbourne in Victoria, and is in the federal electorate of Melbourne Ports.

In FY 2013 the ATO recorded 10,440 individuals in postcode 3207. Of these people, 10,360 made a taxable income or loss. 8,935 of the population paid a gross amount of tax. After tax offsets, 8,510 people actually paid a net amount of tax. There were 1,850 non-taxable people who paid net tax of $0.

Compare TaxStats of 3207 with VIC

3207 TaxStats FY2013%Ppl#Ppl3207
Total Individuals100%10,440
Salary or Wage 80%8,330$80,483$670,420,626
Gross Interest65%6,745$2,739$18,474,110
Unfranked Dividends11%1,145$1,054$1,206,760
Franked Dividends28%2,940$17,902$52,630,972
Dividend Franking Credit28%2,930$7,695$22,547,255
Capital Gains6%625$48,840$30,525,158
Termination Payouts3%285$24,521$6,988,567
Tips/Directors Fees etc16%1,695$8,735$14,805,960
Business Income10%1,050$29,011$30,461,181
Foreign Income8%825$3,368$2,778,212
Government payments4%400$5,497$2,198,747
Government pensions2%250$9,357$2,339,300
Total Income or Loss100%10,390$93,373$970,149,809
Charitable Gifts41%4,275$601$2,571,312
Cost of Tax Affairs52%5,480$598$3,276,212
Work Car expenses30%3,135$4,004$12,552,595
Work Travel expenses18%1,830$1,627$2,977,896
Self Education expenses5%475$2,950$1,401,361
Total Deductions84%8,755$5,155$45,128,899
Taxable Income99%10,360$89,120$923,282,839
Medicare Levy 78%8,150$1,602$13,052,437
Medicare Surcharge 3%305$1,290$393,511
Gross Tax 86%8,935$28,470$254,382,125
Net Tax 82%8,510$30,838$262,433,541
Average Tax 100%10,440 $25,137$262,433,541
Gross Tax Rate 86%8,935 32%$254,382,125
Net Tax Rate 82%8,510 35%$262,433,541
Average Tax Rate 100%10,440 28%$262,433,541
%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 $89,120. It is estimated that the average taxable income for people who paid a net amount of tax was $105885.

The average net tax paid was $30,838. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 8,150 people for an average of $1,602. 305 people paid $1,290 on average more for the Medicare surcharge.

8,330 people earned a salary or wage and took home an average of $80,483 each.

Government allowance and payments were collected by 400 people for on average $5,497. 250 people received the pension or other allowance.

Charitable gifts and donations of an average of $601 were made by 4,275 people.

The costs of tax affairs for 5,480 people were claimed for $598 each.