City of AlbanyEconomic 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 Regional WA.

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 Albany2017/182012/13Change
Name$Regional WA $$Regional WA $2012/13 to 2017/18
Wages & salaries71,338.2691,490.1272,064.60106,570.35-726
Property income16,414.3317,562.7316,656.4818,278.22-242
Business income17,505.1531,517.5214,568.0727,988.68+2,937
Superannuation9,516.9010,372.218,166.939,900.64+1,350
Cash benefits20,269.0120,979.9021,042.7415,316.12-774
Total income before tax135,043.64171,922.47132,498.82178,054.01+2,545
Tax paid-18,289.70-28,596.62-16,349.22-29,997.60-1,940
Interest paid-8,231.91-8,983.04-12,053.55-12,122.67+3,822
Other payments/statistical discrepancy14,213.1917,509.1914,986.9321,814.03-774
Total disposable income122,735.22151,952.00119,082.98157,847.78+3,652
Ratio of cash benefits to tax paid1.110.731.290.51--

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2016-17 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

Sources of income per household
Sources of income per household Regional WA, Cash benefits: 12.2% Regional WA, Superannuation: 6.0% Regional WA, Business income: 18.3% Regional WA, Property income: 10.2% Regional WA, Wages & salaries: 53.2% City of Albany, Cash benefits: 15.0% City of Albany, Superannuation: 7.0% City of Albany, Business income: 13.0% City of Albany, Property income: 12.2% City of Albany, Wages & salaries: 52.8%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

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