Upper Lachlan ShireEconomic profile
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Upper Lachlan Shire

Sources of income

Households in Upper Lachlan Shire 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
Upper Lachlan Shire2017/182012/13Change
Name$New South Wales $$New South Wales $2012/13 to 2017/18
Wages & salaries64,468.7287,811.4464,106.2084,975.40+363
Property income15,528.2919,995.3914,829.5920,408.69+699
Business income25,151.2420,693.1516,966.6617,233.74+8,185
Cash benefits20,070.1315,515.0623,568.9516,972.60-3,499
Total income before tax134,615.49155,792.72127,560.35150,491.96+7,055
Tax paid-17,304.06-25,477.98-14,278.60-22,222.71-3,025
Interest paid-6,965.39-8,928.65-9,022.72-11,630.49+2,057
Other payments/statistical discrepancy15,549.0317,084.6616,032.6617,251.02-484
Total disposable income125,895.07138,570.74120,291.70133,989.78+5,603
Ratio of cash benefits to tax paid1.160.611.650.76--

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. 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 New South Wales, Cash benefits: 10.0% New South Wales, Superannuation: 7.6% New South Wales, Business income: 13.3% New South Wales, Property income: 12.8% New South Wales, Wages & salaries: 56.4% Upper Lachlan Shire, Cash benefits: 14.9% Upper Lachlan Shire, Superannuation: 7.0% Upper Lachlan Shire, Business income: 18.7% Upper Lachlan Shire, Property income: 11.5% Upper Lachlan Shire, Wages & salaries: 47.9%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

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