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 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.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Sources of income per household
City of Albany2018/192000/01Change
Economic measure$Regional WA$$ Regional WA$2000/01 to 2018/19
Wages & salaries72,854.4395,599.0044,497.4162,849.17+28,357
Property income16,756.0817,731.678,986.359,991.68+7,770
Business income18,382.6534,064.4411,995.5221,844.44+6,387
Superannuation9,683.1310,557.354,646.345,340.38+5,037
Cash benefits21,161.1015,768.4414,053.9414,069.51+7,107
Total income before tax138,837.39173,720.8984,179.55114,095.18+54,658
Tax paid-18,948.17-30,519.03-11,682.80-19,173.57-7,265
Interest paid-7,424.85-8,094.80-5,340.38-7,522.81-2,084
Other payments/statistical discrepancy13,156.3217,668.439,587.0013,330.99+3,569
Total disposable income125,620.70152,875.4976,743.37100,829.79+48,877
Ratio of cash benefits to tax paid1.120.521.200.730

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. 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

Please refer to specific data notes for more information

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City of Albany

economic profile