City of ParramattaEconomic profile
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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.

National Economics (NIEIR) - Modelled series

Sources of income per household
City of Parramatta2016/172011/12Change
Name$New South Wales $$New South Wales $2011/12 to 2016/17
Wages & salaries94,172.0387,601.1693,177.5887,057.41+994
Property income18,712.5920,236.4619,679.5021,635.52-967
Business income18,354.1022,513.3512,683.9216,528.80+5,670
Superannuation11,749.4111,824.1011,158.8311,342.51+591
Cash benefits11,465.3715,980.9414,022.5417,018.17-2,557
Total income before tax154,453.49158,156.01150,722.36153,582.41+3,731
Tax paid-24,321.98-24,910.59-21,422.57-21,917.46-2,899
Interest paid-10,140.66-9,149.71-14,834.86-13,577.34+4,694
Other payments/statistical discrepancy16,954.9317,222.3517,042.7317,534.69-88
Total disposable income136,945.78141,418.06131,507.66135,722.30+5,438
Ratio of cash benefits to tax paid0.470.640.650.78--

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 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: 10.1% New South Wales, Superannuation: 7.5% New South Wales, Business income: 14.2% New South Wales, Property income: 12.8% New South Wales, Wages & salaries: 55.4% City of Parramatta, Cash benefits: 7.4% City of Parramatta, Superannuation: 7.6% City of Parramatta, Business income: 11.9% City of Parramatta, Property income: 12.1% City of Parramatta, Wages & salaries: 61.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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