Lithgow City CouncilEconomic profile
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Lithgow City Council

Sources of income

Households in Lithgow City Council 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.

National Economics (NIEIR) - Modelled series

Sources of income per household
Lithgow City Council 2017/182012/13Change
Name$New South Wales $$New South Wales $2012/13 to 2017/18
Wages & salaries61,200.3987,811.4467,253.6684,975.40-6,053
Property income10,606.4919,995.3912,607.6120,408.69-2,001
Business income6,526.8420,693.157,195.6317,233.74-669
Superannuation6,989.0311,777.687,991.4610,901.53-1,002
Cash benefits17,638.8015,515.0619,128.7416,972.60-1,490
Total income before tax102,961.55155,792.72114,177.09150,491.96-11,216
Tax paid-14,455.40-25,477.98-15,995.43-22,222.71+1,540
Interest paid-6,167.81-8,928.65-7,931.10-11,630.49+1,763
Other payments/statistical discrepancy10,089.3517,084.6611,496.8517,251.02-1,407
Total disposable income92,427.70138,570.74101,747.41133,989.78-9,320
Ratio of cash benefits to tax paid1.220.611.200.76--

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 New South Wales, Cash benefits: 10.0% New South Wales, Superannuation: 7.6% New South Wales, Business income: 13.3% New South Wales, Property income: 12.8% New South Wales, Wages & salaries: 56.4% Lithgow City Council , Cash benefits: 17.1% Lithgow City Council , Superannuation: 6.8% Lithgow City Council , Business income: 6.3% Lithgow City Council , Property income: 10.3% Lithgow City Council , Wages & salaries: 59.4%
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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