TaxStats for postcode 3215 FY2013

Postcode 3215 includes Bell Park, Bell Post Hill, Drumcondra, Geelong North, Hamlyn Heights, North Geelong, Rippleside in Victoria, and is in the federal electorate of Corio.

In FY 2013 the ATO recorded 10,525 individuals in postcode 3215. Of these people, 10,475 made a taxable income or loss. 8,460 of the population paid a gross amount of tax. After tax offsets, 7,700 people actually paid a net amount of tax. There were 2,775 non-taxable people who paid net tax of $0.

Compare TaxStats of 3215 with VIC

3215 TaxStats FY2013%Ppl#Ppl3215
Total Individuals100%10,525
Salary or Wage 81%8,500$47,946$407,545,192
Gross Interest53%5,535$2,006$11,105,546
Unfranked Dividends8%890$351$312,264
Franked Dividends21%2,190$3,619$7,926,335
Dividend Franking Credit21%2,180$1,552$3,383,185
Capital Gains3%365$12,469$4,551,208
Termination Payouts3%300$9,905$2,971,597
Tips/Directors Fees etc22%2,320$2,357$5,467,132
Business Income8%790$16,332$12,902,430
Foreign Income4%445$350$155,659
Government payments10%1,020$5,357$5,463,789
Government pensions7%705$9,653$6,805,059
Total Income or Loss100%10,480$49,241$516,050,548
Charitable Gifts41%4,275$281$1,199,233
Cost of Tax Affairs54%5,735$265$1,518,737
Work Car expenses31%3,230$2,357$7,612,426
Work Travel expenses8%890$1,422$1,265,791
Self Education expenses4%415$1,607$666,708
Total Deductions82%8,665$2,653$22,984,966
Taxable Income100%10,475$47,030$492,638,251
Medicare Levy 70%7,400$890$6,582,664
Medicare Surcharge 1%105$1,128$118,440
Gross Tax 80%8,460$10,702$90,538,034
Net Tax 73%7,700$11,985$92,287,722
Average Tax 100%10,525 $8,768$92,287,722
Gross Tax Rate 80%8,460 23%$90,538,034
Net Tax Rate 73%7,700 25%$92,287,722
Average Tax Rate 100%10,525 19%$92,287,722
%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 $47,030. It is estimated that the average taxable income for people who paid a net amount of tax was $59654.

The average net tax paid was $11,985. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 7,400 people for an average of $890. 105 people paid $1,128 on average more for the Medicare surcharge.

8,500 people earned a salary or wage and took home an average of $47,946 each.

Government allowance and payments were collected by 1,020 people for on average $5,357. 705 people received the pension or other allowance.

Charitable gifts and donations of an average of $281 were made by 4,275 people.

The costs of tax affairs for 5,735 people were claimed for $265 each.