City of Glen EiraEconomic profile
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City of Glen Eira

Sources of income

Households in the City of Glen Eira have a higher amount of disposable income compared to Victoria.

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
City of Glen Eira2017/182012/13Change
Name$Victoria $$Victoria $2012/13 to 2017/18
Wages & salaries91,090.1477,149.1989,152.1675,179.07+1,938
Property income22,913.0216,762.4423,029.9717,350.86-117
Business income27,536.6717,100.6918,919.4115,427.29+8,617
Cash benefits11,266.7214,590.6514,002.6415,883.35-2,736
Total income before tax165,826.94135,476.39156,656.48133,108.41+9,170
Tax paid-32,327.97-23,178.83-25,979.39-19,632.81-6,349
Interest paid-9,474.90-8,024.63-13,979.30-10,772.82+4,504
Other payments/statistical discrepancy16,803.9413,641.4415,755.0413,808.09+1,049
Total disposable income140,828.01118,014.36132,452.83116,610.86+8,375
Ratio of cash benefits to tax paid0.350.630.540.81--

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in 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 Victoria, Cash benefits: 10.8% Victoria, Superannuation: 7.3% Victoria, Business income: 12.6% Victoria, Property income: 12.4% Victoria, Wages & salaries: 56.9% City of Glen Eira, Cash benefits: 6.8% City of Glen Eira, Superannuation: 7.9% City of Glen Eira, Business income: 16.6% City of Glen Eira, Property income: 13.8% City of Glen Eira, Wages & salaries: 54.9%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in by .id the population experts

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