City of Albany

economic profile

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City of Albany

Sources of income

Households in the City of Albany have a lower amount of disposable income compared to Western Australia.

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.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Sources of income per household
City of Albany2019/202014/15Change
Economic measure$Western Australia$$ Western Australia$2014/15 to 2019/20
Wages & salaries75,127.06104,158.3974,133.98112,446.83+993
Property income15,053.5017,580.7717,740.9022,198.20-2,687
Business income17,680.9417,328.2619,737.9422,681.82-2,057
Superannuation8,699.8210,261.159,911.5913,024.81-1,212
Cash benefits23,531.3215,768.3120,613.5414,364.57+2,918
Total income before tax140,092.64165,096.87142,137.95184,716.23-2,045
Tax paid-18,684.39-28,030.75-17,063.80-29,317.60-1,621
Interest paid-6,606.75-7,895.20-8,303.73-11,080.07+1,697
Other payments/statistical discrepancy13,718.4017,335.6414,545.9720,042.89-828
Total disposable income128,519.91146,606.55131,316.39164,461.45-2,796
Ratio of cash benefits to tax paid1.260.561.210.490

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id informed decisions.Data are based on a 2018-19 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Please refer to specific data notes for more information

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City of Albany

economic profile