TaxStats for postcode 3453 FY2013

Postcode 3453 includes Harcourt, Harcourt North, Ravenswood, Ravenswood South in Victoria, and is in the federal electorate of Bendigo.

In FY 2013 the ATO recorded 955 individuals in postcode 3453. Of these people, 950 made a taxable income or loss. 710 of the population paid a gross amount of tax. After tax offsets, 645 people actually paid a net amount of tax. There were 305 non-taxable people who paid net tax of $0.

Compare TaxStats of 3453 with VIC

3453 TaxStats FY2013%Ppl#Ppl3453
Avg
3453
Total
Total Individuals100%955
Income
Salary or Wage 76%725$44,424$32,207,113
Gross Interest59%560$1,586$888,309
Unfranked Dividends14%135$369$49,761
Franked Dividends29%275$5,000$1,375,025
Dividend Franking Credit29%275$2,139$588,158
Capital Gains5%50$15,198$759,899
Termination Payouts2%15$3,146$47,196
Tips/Directors Fees etc20%195$1,610$314,008
Business Income12%110$11,223$1,234,486
Foreign Income4%40$139$5,542
Government payments7%65$4,512$293,257
Government pensions6%55$9,319$512,566
Total Income or Loss100%955$45,751$43,692,587
Deducations
Charitable Gifts42%400$286$114,409
Cost of Tax Affairs49%470$279$130,983
Work Car expenses27%255$1,864$475,241
Work Travel expenses8%80$1,939$155,082
Self Education expenses4%40$1,253$50,109
Total Deductions78%745$2,783$2,073,660
Taxation
Taxable Income99%950$43,740$41,552,983
Medicare Levy 65%625$882$551,506
Medicare Surcharge 2%15$1,158$17,369
Gross Tax 74%710$10,604$7,528,597
Net Tax 68%645$11,863$7,651,557
Average Tax 100%955 $8,012$7,651,557
Gross Tax Rate 74%710 24%$7,528,597
Net Tax Rate 68%645 27%$7,651,557
Average Tax Rate 100%955 18%$7,651,557
%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 $43,740. It is estimated that the average taxable income for people who paid a net amount of tax was $58749.

The average net tax paid was $11,863. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 625 people for an average of $882. 15 people paid $1,158 on average more for the Medicare surcharge.

725 people earned a salary or wage and took home an average of $44,424 each.

Government allowance and payments were collected by 65 people for on average $4,512. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $286 were made by 400 people.

The costs of tax affairs for 470 people were claimed for $279 each.