City of Parramatta

Sources of income

Households in the City of Parramatta 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.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
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Sources of income per household
City of Parramatta2018/192013/14Change
Economic measure$New South Wales$$ New South Wales$2013/14 to 2018/19
Wages & salaries96,605.9890,038.8692,051.8386,838.45+4,554
Property income19,890.9920,881.1319,785.6621,620.99+105
Business income14,031.9718,482.4814,872.7518,778.47-841
Superannuation12,366.4312,338.9311,996.2712,259.16+370
Cash benefits10,724.8115,010.2914,066.0317,589.42-3,341
Total income before tax153,620.18156,751.70152,772.54157,086.48+848
Tax paid-26,121.60-27,050.24-21,803.89-22,963.20-4,318
Interest paid-9,773.14-8,581.38-11,994.77-10,368.20+2,222
Other payments/statistical discrepancy16,559.4516,979.3117,287.2816,770.88-728
Total disposable income134,284.88138,199.39136,261.15140,625.97-1,976
Ratio of cash benefits to tax paid0.410.550.650.770

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id informed decisions.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 Parramatta

economic profile