City of Greater SheppartonEconomic profile
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City of Greater Shepparton

Sources of income

Households in the City of Greater Shepparton 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 Greater Shepparton2016/172011/12Change
Name$Victoria $$Victoria $2011/12 to 2016/17
Wages & salaries57,843.8976,182.7358,147.9476,465.55-304
Property income12,722.3716,885.1514,349.6118,693.57-1,627
Business income17,996.8117,808.0717,252.8914,235.70+744
Superannuation7,555.549,865.937,795.519,800.33-240
Cash benefits19,980.8815,091.9122,137.8315,900.94-2,157
Total income before tax116,099.49135,833.79119,683.79135,096.08-3,584
Tax paid-16,070.97-22,359.87-13,910.61-19,684.42-2,160
Interest paid-4,972.96-8,302.70-8,928.28-12,572.97+3,955
Other payments/statistical discrepancy11,983.4813,681.0112,722.6914,043.25-739
Total disposable income107,039.04118,952.23109,567.60116,981.95-2,529
Ratio of cash benefits to tax paid1.240.681.590.81--

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 Victoria, Cash benefits: 11.1% Victoria, Superannuation: 7.3% Victoria, Business income: 13.1% Victoria, Property income: 12.4% Victoria, Wages & salaries: 56.1% City of Greater Shepparton, Cash benefits: 17.2% City of Greater Shepparton, Superannuation: 6.5% City of Greater Shepparton, Business income: 15.5% City of Greater Shepparton, Property income: 11.0% City of Greater Shepparton, Wages & salaries: 49.8%
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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