City of WyndhamEconomic profile

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City of Wyndham

Sources of income

Households in the City of Wyndham 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 Wyndham2014/152009/10Change
Name$Victoria $$Victoria $2009/10 to 2014/15
Wages & salaries84,940.3070,232.5584,585.6671,201.56+355
Property income14,613.9616,879.0112,393.7916,232.48+2,220
Ownership of dwellings10,123.8514,537.799,148.7413,435.05+975
Business income10,023.0617,307.648,324.3313,913.44+1,699
Cash benefits10,761.8215,547.5316,315.3615,504.05-5,554
Total income before tax140,554.29144,407.54139,282.41139,012.85+1,272
Tax paid-19,816.76-19,269.77-17,868.23-17,590.74-1,949
Interest paid-9,073.27-8,042.95-11,213.13-9,976.55+2,140
Other payments/statistical discrepancy2,704.80-2,194.145,048.07-131.31-2,343
Total disposable income114,369.06115,000.68115,249.12111,414.25-880
Ratio of cash benefits to tax paid0.540.810.910.88--

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 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 Wyndham, Cash benefits: 7.7% City of Wyndham, Superannuation: 7.2% City of Wyndham, Business income: 7.1% City of Wyndham, Ownership of dwellings: 7.2% City of Wyndham, Property income: 10.4% City of Wyndham, Wages & salaries: 60.4%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in by .id the population experts

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