Glenelg ShireEconomic profile
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Glenelg Shire

Sources of income

Households in Glenelg Shire have a lower 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
Glenelg Shire2017/182012/13Change
Name$Victoria $$Victoria $2012/13 to 2017/18
Wages & salaries55,034.1877,149.1958,185.0275,179.07-3,151
Property income11,782.4816,762.4412,392.8317,350.86-610
Business income16,155.3417,100.6916,781.7315,427.29-626
Superannuation7,369.439,873.417,289.159,267.85+80
Cash benefits18,159.4114,590.6521,104.7015,883.35-2,945
Total income before tax108,500.84135,476.39115,753.42133,108.41-7,253
Tax paid-16,807.54-23,178.83-15,035.30-19,632.81-1,772
Interest paid-5,826.26-8,024.63-7,855.63-10,772.82+2,029
Other payments/statistical discrepancy10,021.8113,641.4411,902.1013,808.09-1,880
Total disposable income95,888.84118,014.36104,764.59116,610.86-8,876
Ratio of cash benefits to tax paid1.080.631.400.81--

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 Victoria, Cash benefits: 10.8% Victoria, Superannuation: 7.3% Victoria, Business income: 12.6% Victoria, Property income: 12.4% Victoria, Wages & salaries: 56.9% Glenelg Shire, Cash benefits: 16.7% Glenelg Shire, Superannuation: 6.8% Glenelg Shire, Business income: 14.9% Glenelg Shire, Property income: 10.9% Glenelg Shire, Wages & salaries: 50.7%
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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