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Snowy Monaro Regional Council area

Sources of income

Households in Snowy Monaro Regional Council area have a lower amount of disposable income compared to Regional NSW.

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
Snowy Monaro Regional Council area2015/162010/11Change
Name$Regional NSW $$Regional NSW $2010/11 to 2015/16
Wages & salaries64,306.1866,142.9558,196.7463,683.26+6,109
Property income16,466.9716,601.5416,894.9416,844.61-428
Business income17,649.0018,168.7114,224.6014,382.11+3,424
Superannuation10,669.2010,543.969,442.899,775.91+1,226
Cash benefits20,615.5921,023.4916,681.4519,542.46+3,934
Total income before tax129,706.94132,480.64115,440.62124,228.36+14,266
Tax paid-16,391.17-17,855.29-13,112.41-14,576.59-3,279
Interest paid-6,138.30-6,280.70-9,100.87-10,034.76+2,963
Other payments/statistical discrepancy6,511.3211,680.367,372.3511,680.77-861
Total disposable income113,688.79120,125.02100,599.70111,397.77+13,089
Ratio of cash benefits to tax paid1.261.181.271.34--

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 2015-16 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 Snowy Monaro Regional Council area, Cash benefits: 15.9% Snowy Monaro Regional Council area, Superannuation: 8.2% Snowy Monaro Regional Council area, Business income: 13.6% Snowy Monaro Regional Council area, Property income: 12.7% Snowy Monaro Regional Council area, Wages & salaries: 49.6% Regional NSW, Cash benefits: 15.9% Regional NSW, Superannuation: 8.0% Regional NSW, Business income: 13.7% Regional NSW, Property income: 12.5% Regional NSW, Wages & salaries: 49.9%
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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