City of StonningtonEconomic profile
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City of Stonnington

Sources of income

Households in the City of Stonnington have a higher 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 Stonnington2018/192013/14Change
Name$Victoria $$Victoria $2013/14 to 2018/19
Wages & salaries111,386.1279,503.70101,826.8275,637.79+9,559
Property income32,116.8517,228.0336,412.8618,090.85-4,296
Business income28,046.6312,486.8542,167.3516,586.51-14,121
Cash benefits6,979.3814,278.238,761.7316,623.50-1,782
Total income before tax190,875.17133,677.08202,020.30137,196.01-11,145
Tax paid-50,503.80-24,473.44-43,923.53-20,054.93-6,580
Interest paid-10,582.14-7,764.28-13,004.21-9,493.02+2,422
Other payments/statistical discrepancy22,275.8214,146.6422,854.7713,218.44-579
Total disposable income152,065.05115,686.00167,947.33120,966.51-15,882
Ratio of cash benefits to tax paid0.140.580.200.83--

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. 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: 10.7% Victoria, Superannuation: 7.6% Victoria, Business income: 9.3% Victoria, Property income: 12.9% Victoria, Wages & salaries: 59.5% City of Stonnington, Cash benefits: 3.7% City of Stonnington, Superannuation: 6.5% City of Stonnington, Business income: 14.7% City of Stonnington, Property income: 16.8% City of Stonnington, Wages & salaries: 58.4%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in by .id the population experts

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