Gympie Regional CouncilEconomic profile

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Gympie Regional Council

Sources of income

Households in the Gympie Regional Council have a lower amount of disposable income compared to Queensland.

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
Gympie Regional Council2014/152009/10Change
Name$Queensland $$Queensland $2009/10 to 2014/15
Wages & salaries42,460.9077,565.1947,086.5673,265.23-4,626
Property income14,052.7517,965.4913,651.8817,086.18+401
Ownership of dwellings11,293.9615,284.7311,476.6814,286.72-183
Business income7,334.809,756.4311,537.7915,721.86-4,203
Superannuation8,353.4510,540.478,764.349,186.08-411
Cash benefits22,316.1417,063.6316,896.0216,014.67+5,420
Total income before tax105,812.00148,175.94109,413.27145,560.74-3,601
Tax paid-9,233.63-20,137.57-9,247.59-16,233.15+14
Interest paid-6,236.50-8,124.94-8,347.39-10,407.10+2,111
Other payments/statistical discrepancy-4,615.72-1,542.63-3,684.9988.85-931
Total disposable income85,726.16118,470.8188,133.30119,109.34-2,407
Ratio of cash benefits to tax paid2.420.851.830.99--

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 Queensland, Cash benefits: 11.5% Queensland, Superannuation: 7.1% Queensland, Business income: 6.6% Queensland, Ownership of dwellings: 10.3% Queensland, Property income: 12.1% Queensland, Wages & salaries: 52.3% Gympie Regional Council, Cash benefits: 21.1% Gympie Regional Council, Superannuation: 7.9% Gympie Regional Council, Business income: 6.9% Gympie Regional Council, Ownership of dwellings: 10.7% Gympie Regional Council, Property income: 13.3% Gympie Regional Council, Wages & salaries: 40.1%
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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