City of MorelandEconomic profile
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City of Moreland

Sources of income

Households in the City of Moreland 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
City of Moreland2017/182004/05Change
Name$Victoria $$Victoria $2004/05 to 2017/18
Wages & salaries78,618.4177,149.1959,871.9368,815.00+18,746
Property income14,902.9616,762.449,686.9213,186.28+5,216
Business income7,587.4417,100.697,395.5313,592.20+192
Cash benefits8,552.1614,590.6515,853.5914,484.10-7,301
Total income before tax119,898.26135,476.3998,819.89116,671.25+21,078
Tax paid-20,562.21-23,178.83-15,853.11-20,738.45-4,709
Interest paid-7,169.11-8,024.63-6,950.36-7,913.91-219
Other payments/statistical discrepancy11,504.7913,641.449,820.5713,000.61+1,684
Total disposable income103,671.73118,014.3685,836.99101,119.49+17,835
Ratio of cash benefits to tax paid0.420.631.000.70--

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 Moreland, Cash benefits: 7.1% City of Moreland, Superannuation: 8.5% City of Moreland, Business income: 6.3% City of Moreland, Property income: 12.4% City of Moreland, Wages & salaries: 65.6%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in by .id the population experts

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