City of BrimbankEconomic profile

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City of Brimbank

Sources of income

Households in the City of Brimbank have a lower amount of disposable income compared to Victoria.

Household disposable income is a measure of the amount of income available to an average household in the area. It varies depending on the jobs held by the residents, amount of property and business income, and cash benefits provided by government, which are related to the socio-economic status of the area. Areas with high unemployment, large numbers of retirees and others out of the workforce may have a high cash benefits component.

This information gives an insight into both the sources of income and how much your residents have available to spend in the area. This dataset should be viewed in conjunction with Worker productivity, Local workers income data, and Gross Regional Product data on the size of the residential economy.

National Economics (NIEIR) - Modelled series

Sources of income per household
City of Brimbank2014/152009/10Change
Name$Victoria $$Victoria $2009/10 to 2014/15
Wages & salaries67,374.7370,232.5567,544.4171,201.56-170
Property income14,384.4416,879.0112,246.5116,232.48+2,138
Ownership of dwellings10,842.7714,537.7910,114.4513,435.05+728
Business income10,768.1517,307.647,767.1113,913.44+3,001
Superannuation9,680.959,903.048,375.188,726.27+1,306
Cash benefits11,643.6115,547.5318,335.1815,504.05-6,692
Total income before tax124,694.66144,407.54124,382.84139,012.85+312
Tax paid-14,847.08-19,269.77-13,637.79-17,590.74-1,209
Interest paid-6,798.41-8,042.95-9,057.87-9,976.55+2,259
Other payments/statistical discrepancy-438.71-2,194.14961.44-131.31-1,400
Total disposable income102,610.46115,000.68102,648.61111,414.25-38
Ratio of cash benefits to tax paid0.780.811.340.88--

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Sources of income per household
Sources of income per household Victoria, Cash benefits: 10.8% Victoria, Superannuation: 6.9% Victoria, Business income: 12.0% Victoria, Ownership of dwellings: 10.1% Victoria, Property income: 11.7% Victoria, Wages & salaries: 48.6% City of Brimbank, Cash benefits: 9.3% City of Brimbank, Superannuation: 7.8% City of Brimbank, Business income: 8.6% City of Brimbank, Ownership of dwellings: 8.7% City of Brimbank, Property income: 11.5% City of Brimbank, Wages & salaries: 54.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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