Central Coast NSWEconomic profile
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Central Coast Council area

Sources of income

Households in the Central Coast Council area have a lower amount of disposable income compared to New South Wales.

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
Central Coast Council area2015/162010/11Change
Name$New South Wales $$New South Wales $2010/11 to 2015/16
Wages & salaries72,663.9485,651.6265,242.6583,369.06+7,421
Property income17,786.4119,920.9617,098.2921,023.86+688
Business income15,088.0521,247.8910,967.6815,857.92+4,120
Cash benefits24,347.4616,932.0121,101.4615,844.29+3,246
Total income before tax141,723.56155,584.86124,655.94147,109.12+17,068
Tax paid-18,195.09-24,413.74-14,091.41-20,560.10-4,104
Interest paid-7,375.58-9,135.35-10,554.44-12,904.10+3,179
Other payments/statistical discrepancy11,903.8516,793.5410,768.7015,917.23+1,135
Total disposable income128,056.74138,929.31110,778.79129,662.15+17,278
Ratio of cash benefits to tax paid1.340.691.500.77--

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2014-15 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 New South Wales, Cash benefits: 10.9% New South Wales, Superannuation: 7.6% New South Wales, Business income: 13.7% New South Wales, Property income: 12.8% New South Wales, Wages & salaries: 55.1% Central Coast Council area, Cash benefits: 17.2% Central Coast Council area, Superannuation: 8.4% Central Coast Council area, Business income: 10.6% Central Coast Council area, Property income: 12.6% Central Coast Council area, Wages & salaries: 51.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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