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Waratah-Wynyard Council area

Sources of income

Households in Waratah-Wynyard Council area have a lower amount of disposable income compared to Greater Hobart.

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
Waratah-Wynyard Council area2018/192013/14Change
Name$Greater Hobart $$Greater Hobart $2013/14 to 2018/19
Wages & salaries52,895.3865,251.9153,863.8160,389.44-968
Property income12,211.4516,131.5014,204.3815,431.12-1,993
Business income18,518.6614,615.4014,022.863,925.74+4,496
Superannuation7,753.719,181.248,523.918,374.75-770
Cash benefits17,232.3817,567.8919,072.4719,556.55-1,840
Total income before tax108,611.59122,747.93109,687.43107,677.59-1,076
Tax paid-13,823.48-16,702.96-13,763.13-13,098.44-60
Interest paid-4,041.83-5,450.91-5,264.44-6,194.11+1,223
Other payments/statistical discrepancy11,124.0112,645.1411,543.2211,461.04-419
Total disposable income101,870.28113,339.20102,203.0899,946.08-333
Ratio of cash benefits to tax paid1.251.051.391.49--

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

Sources of income per household
Sources of income per household Waratah-Wynyard Council area, Cash benefits: 15.9% Waratah-Wynyard Council area, Superannuation: 7.1% Waratah-Wynyard Council area, Business income: 17.1% Waratah-Wynyard Council area, Property income: 11.2% Waratah-Wynyard Council area, Wages & salaries: 48.7% Greater Hobart, Cash benefits: 14.3% Greater Hobart, Superannuation: 7.5% Greater Hobart, Business income: 11.9% Greater Hobart, Property income: 13.1% Greater Hobart, Wages & salaries: 53.2%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

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