City of VincentEconomic profile
Skip to content

City of Vincent

Sources of income

This page has been updated with 2016-17 NIEIR-ID economic model data

You may notice some changes to current and past data. Learn more about these changes.

Households in the City of Vincent have a higher 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
City of Vincent2016/172011/12Change
Name$Western Australia $$Western Australia $2011/12 to 2016/17
Wages & salaries117,751.6898,809.08118,537.30108,210.23-786
Property income21,322.2519,332.4925,415.4222,092.52-4,093
Business income17,421.4515,676.6820,505.0619,043.96-3,084
Superannuation12,437.0811,295.9311,802.6311,583.10+634
Cash benefits8,109.7413,668.616,985.6413,890.16+1,124
Total income before tax177,042.21158,782.79183,246.05174,819.96-6,204
Tax paid-35,078.77-26,996.24-34,681.43-29,035.99-397
Interest paid-11,953.89-9,810.42-18,318.02-15,763.60+6,364
Other payments/statistical discrepancy21,112.6017,927.8022,764.2120,414.44-1,652
Total disposable income151,122.14140,003.93153,010.80150,534.81-1,889
Ratio of cash benefits to tax paid0.230.510.200.48--

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

Data are based on a 2015-16 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: 8.6% Western Australia, Superannuation: 7.1% Western Australia, Business income: 9.9% Western Australia, Property income: 12.2% Western Australia, Wages & salaries: 62.2% City of Vincent, Cash benefits: 4.6% City of Vincent, Superannuation: 7.0% City of Vincent, Business income: 9.8% City of Vincent, Property income: 12.0% City of Vincent, Wages & salaries: 66.5%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

To continue building your economic story go to...

v18.05.22-1.0.0