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Greater Burnie Economic Region

Sources of income

Households in Greater Burnie Economic Region 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
Greater Burnie Economic Region2017/182012/13Change
Name$Greater Hobart $$Greater Hobart $2012/13 to 2017/18
Wages & salaries52,775.4761,716.4254,207.8759,536.49-1,432
Property income12,617.5714,840.8812,783.8615,145.70-166
Business income10,915.385,441.849,217.323,247.63+1,698
Superannuation7,834.208,367.427,368.737,704.27+465
Cash benefits17,763.6017,654.5418,586.6219,241.95-823
Total income before tax101,906.23108,021.09102,164.39104,876.05-258
Tax paid-13,558.50-14,202.97-13,012.55-12,904.95-546
Interest paid-4,290.90-5,323.05-5,683.09-7,039.50+1,392
Other payments/statistical discrepancy9,630.1810,632.8411,581.7311,025.73-1,952
Total disposable income93,687.0199,227.9295,050.4896,057.33-1,363
Ratio of cash benefits to tax paid1.311.241.431.49--

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 Greater Burnie Economic Region, Cash benefits: 17.4% Greater Burnie Economic Region, Superannuation: 7.7% Greater Burnie Economic Region, Business income: 10.7% Greater Burnie Economic Region, Property income: 12.4% Greater Burnie Economic Region, Wages & salaries: 51.8% Greater Hobart, Cash benefits: 16.3% Greater Hobart, Superannuation: 7.7% Greater Hobart, Business income: 5.0% Greater Hobart, Property income: 13.7% Greater Hobart, Wages & salaries: 57.1%
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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