City of Kingston

Sources of income

Households in the City of Kingston 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.

Data source

National Economics (NIEIR) - Modelled series

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Sources of income per household
City of Kingston2018/192013/14Change
Economic measure$Victoria$$ Victoria$2013/14 to 2018/19
Wages & salaries88,115.3579,503.7081,125.4375,637.79+6,990
Property income18,523.6417,228.0318,577.5318,090.85-54
Business income9,672.7212,486.8511,874.2116,586.51-2,201
Superannuation11,559.4510,180.2611,018.0310,257.37+541
Cash benefits14,789.3414,278.2317,642.0616,623.50-2,853
Total income before tax142,660.50133,677.08140,237.25137,196.01+2,423
Tax paid-25,866.89-24,473.44-19,548.86-20,054.93-6,318
Interest paid-8,831.33-7,764.28-10,360.74-9,493.02+1,529
Other payments/statistical discrepancy14,737.4514,146.6413,665.5813,218.44+1,072
Total disposable income122,699.73115,686.00123,993.22120,966.51-1,293
Ratio of cash benefits to tax paid0.570.580.900.830

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. 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

Please refer to specific data notes for more information

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City of Kingston

economic profile