Goondiwindi Regional Council

Sources of income

Households in Goondiwindi Regional Council have a higher amount of disposable income compared to Queensland.

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:
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Sources of income per household
Goondiwindi Regional Council2021/222016/17Change
Economic measure$Queensland$$ Queensland$2016/17 to 2021/22
Wages & salaries83,154.0391,022.1167,541.5486,273.61+15,612
Property income18,022.9617,933.1014,445.6918,790.49+3,577
Business income138,229.3219,872.0973,666.3516,726.59+64,563
Superannuation10,459.8811,264.046,826.0111,069.46+3,634
Cash benefits24,075.8218,496.4020,227.7817,336.72+3,848
Total income before tax273,942.01158,587.75182,707.37150,196.87+91,235
Tax paid-54,103.68-25,246.02-27,569.78-22,556.35-26,534
Interest paid-3,731.42-5,769.06-7,687.82-9,239.67+3,956
Other payments/statistical discrepancy31,891.9513,589.1524,589.9313,989.38+7,302
Total disposable income247,998.85141,261.82172,039.69132,490.23+75,959
Ratio of cash benefits to tax paid0.440.730.730.770

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©2023. Compiled and presented in economy.id by .id (informed decisions).Data are based on a 2020/21 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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Goondiwindi Regional Council

economic profile