Redland City CouncilEconomic profile

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Households in Redland City have a higher 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
Redland City2014/152009/10Change
Name$Queensland $$Queensland $2009/10 to 2014/15
Wages & salaries84,136.0877,565.1979,238.0673,265.23+4,898
Property income16,477.3217,965.4916,479.0917,086.18-2
Ownership of dwellings16,995.3615,284.7316,037.6714,286.72+958
Business income8,413.999,756.4314,325.0115,721.86-5,911
Cash benefits20,488.8117,063.6311,207.7616,014.67+9,281
Total income before tax155,685.31148,175.94145,188.67145,560.74+10,497
Tax paid-19,972.92-20,137.57-16,437.68-16,233.15-3,535
Interest paid-8,681.57-8,124.94-11,555.78-10,407.10+2,874
Other payments/statistical discrepancy-282.27-1,542.63790.5788.85-1,073
Total disposable income126,748.55118,470.81117,985.79119,109.34+8,763
Ratio of cash benefits to tax paid1.030.850.680.99--

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in 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% Redland City, Cash benefits: 13.2% Redland City, Superannuation: 5.9% Redland City, Business income: 5.4% Redland City, Ownership of dwellings: 10.9% Redland City, Property income: 10.6% Redland City, Wages & salaries: 54.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in by .id the population experts

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