Toowoomba Regional CouncilEconomic profile
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Toowoomba

Sources of income

Households in Toowoomba have a lower amount of disposable income compared to Queensland.

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
Toowoomba2018/192013/14Change
Name$Queensland $$Queensland $2013/14 to 2018/19
Wages & salaries71,842.7480,917.1273,476.3582,352.10-1,634
Property income12,283.8317,209.8613,467.1618,299.36-1,183
Business income12,370.2014,607.1710,872.0411,255.38+1,498
Superannuation6,381.0010,169.516,737.5610,375.46-357
Cash benefits18,353.9715,860.8619,986.9717,465.64-1,633
Total income before tax121,231.74138,764.52124,540.07139,747.93-3,308
Tax paid-17,675.19-21,984.74-16,359.13-19,805.01-1,316
Interest paid-7,057.63-7,435.42-8,982.10-9,433.10+1,924
Other payments/statistical discrepancy14,515.4914,185.5514,844.7414,261.81-329
Total disposable income111,014.41123,629.91114,043.58124,871.64-3,029
Ratio of cash benefits to tax paid1.040.721.220.88--

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id 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 Queensland, Cash benefits: 11.4% Queensland, Superannuation: 7.3% Queensland, Business income: 10.5% Queensland, Property income: 12.4% Queensland, Wages & salaries: 58.3% Toowoomba, Cash benefits: 15.1% Toowoomba, Superannuation: 5.3% Toowoomba, Business income: 10.2% Toowoomba, Property income: 10.1% Toowoomba, Wages & salaries: 59.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

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