Town of Victoria ParkEconomic profile
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Town of Victoria Park

Sources of income

Households in the Town of Victoria Park have a lower amount of disposable income compared to Western Australia.

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
Town of Victoria Park2017/182012/13Change
Name$Western Australia $$Western Australia $2012/13 to 2017/18
Wages & salaries92,109.13100,628.55101,946.57113,175.19-9,837
Property income16,676.3719,039.4618,159.7621,124.46-1,483
Business income6,078.2115,948.649,533.9316,997.63-3,456
Superannuation10,081.4211,214.7410,619.1511,283.95-538
Cash benefits8,004.6813,432.588,709.8714,023.68-705
Total income before tax132,949.81160,263.98148,969.28176,604.91-16,019
Tax paid-23,450.99-28,178.78-25,828.43-30,239.94+2,377
Interest paid-9,920.23-9,638.79-12,993.99-13,694.36+3,074
Other payments/statistical discrepancy12,883.2317,278.2316,725.0521,470.56-3,842
Total disposable income112,461.82139,824.63126,871.92154,241.17-14,410
Ratio of cash benefits to tax paid0.340.480.340.46--

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 Western Australia, Cash benefits: 8.4% Western Australia, Superannuation: 7.0% Western Australia, Business income: 10.0% Western Australia, Property income: 11.9% Western Australia, Wages & salaries: 62.8% Town of Victoria Park, Cash benefits: 6.0% Town of Victoria Park, Superannuation: 7.6% Town of Victoria Park, Business income: 4.6% Town of Victoria Park, Property income: 12.5% Town of Victoria Park, Wages & salaries: 69.3%
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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