Cumberland City

Sources of income

Households in Cumberland City 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.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
reset
Sources of income per household
Cumberland City2019/202014/15Change
Economic measure$New South Wales$$ New South Wales$2014/15 to 2019/20
Wages & salaries79,283.9094,093.2882,177.0587,994.80-2,893
Property income13,673.0220,398.5118,836.8322,783.21-5,164
Business income5,638.7918,903.9615,468.5318,593.70-9,830
Superannuation9,322.0811,907.3313,012.8613,369.02-3,691
Cash benefits15,480.5816,958.9613,859.3617,993.97+1,621
Total income before tax123,398.36162,262.04143,354.63160,734.70-19,956
Tax paid-16,652.47-27,791.52-19,969.22-25,025.13+3,317
Interest paid-7,131.71-7,731.02-10,329.10-10,260.42+3,197
Other payments/statistical discrepancy13,071.3017,688.4814,385.1416,815.46-1,314
Total disposable income112,685.48144,527.99127,441.45142,364.61-14,756
Ratio of cash benefits to tax paid0.930.610.690.720

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions).Data are based on a 2018-19 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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Cumberland City Council

economic profile