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Upper Lachlan Shire

Sources of income

Households in Upper Lachlan Shire have a higher 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
Upper Lachlan Shire2015/162010/11Change
Name$Regional NSW $$Regional NSW $2010/11 to 2015/16
Wages & salaries63,399.7166,142.9559,745.6263,683.26+3,654
Property income15,578.5616,601.5415,259.6116,844.61+319
Business income22,691.6118,168.7117,437.1914,382.11+5,254
Superannuation9,591.1910,543.968,630.099,775.91+961
Cash benefits21,442.4521,023.4922,318.5519,542.46-876
Total income before tax132,703.52132,480.64123,391.06124,228.36+9,312
Tax paid-16,309.20-17,855.29-13,272.15-14,576.59-3,037
Interest paid-5,390.19-6,280.70-8,516.01-10,034.76+3,126
Other payments/statistical discrepancy14,699.4211,680.3613,875.2111,680.77+824
Total disposable income125,703.55120,125.02115,478.11111,397.77+10,225
Ratio of cash benefits to tax paid1.311.181.681.34--

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 2014-15 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 Upper Lachlan Shire, Cash benefits: 16.2% Upper Lachlan Shire, Superannuation: 7.2% Upper Lachlan Shire, Business income: 17.1% Upper Lachlan Shire, Property income: 11.7% Upper Lachlan Shire, Wages & salaries: 47.8% 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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