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 Shepparton2015/162010/11Change
Name$Victoria $$Victoria $2010/11 to 2015/16
Wages & salaries59,759.0572,620.6557,334.5475,064.03+2,425
Property income13,702.2916,574.4413,843.9618,310.00-142
Business income20,123.0317,222.5015,250.4514,381.36+4,873
Superannuation8,587.249,844.587,545.259,592.32+1,042
Cash benefits17,502.9715,448.4221,921.0515,702.47-4,418
Total income before tax119,674.57131,710.59115,895.25133,050.18+3,779
Tax paid-15,908.53-19,731.81-12,917.25-18,737.79-2,991
Interest paid-5,337.80-8,276.99-8,266.25-11,772.62+2,928
Other payments/statistical discrepancy12,414.1912,614.4011,360.2712,762.63+1,054
Total disposable income110,842.44116,416.19106,072.02115,402.39+4,770
Ratio of cash benefits to tax paid1.100.781.700.84--

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

Data is based on 2014-15 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Sources of income per household
Sources of income per household Victoria, Cash benefits: 11.7% Victoria, Superannuation: 7.5% Victoria, Business income: 13.1% Victoria, Property income: 12.6% Victoria, Wages & salaries: 55.1% City of Greater Shepparton, Cash benefits: 14.6% City of Greater Shepparton, Superannuation: 7.2% City of Greater Shepparton, Business income: 16.8% City of Greater Shepparton, Property income: 11.4% City of Greater Shepparton, Wages & salaries: 49.9%
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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