Wagga Wagga City CouncilEconomic profile
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Wagga Wagga City

Sources of income

Households in Wagga Wagga City have a higher amount of disposable income compared to Regional NSW.

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
Wagga Wagga City2015/162010/11Change
Name$Regional NSW $$Regional NSW $2010/11 to 2015/16
Wages & salaries75,094.9766,142.9575,633.2663,683.26-538
Property income15,675.5516,601.5415,924.6716,844.61-249
Business income19,434.6518,168.7114,357.0914,382.11+5,078
Cash benefits16,496.2721,023.4917,439.9219,542.46-944
Total income before tax135,658.20132,480.64131,971.70124,228.36+3,687
Tax paid-19,724.28-17,855.29-16,746.58-14,576.59-2,978
Interest paid-6,985.23-6,280.70-11,556.43-10,034.76+4,571
Other payments/statistical discrepancy14,918.6611,680.3614,990.9611,680.77-72
Total disposable income123,867.36120,125.02118,659.65111,397.77+5,208
Ratio of cash benefits to tax paid0.841.181.041.34--

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

Data is based on 2014-15 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Sources of income per household
Sources of income per household Regional NSW, Cash benefits: 15.9% Regional NSW, Superannuation: 8.0% Regional NSW, Business income: 13.7% Regional NSW, Property income: 12.5% Regional NSW, Wages & salaries: 49.9% Wagga Wagga City, Cash benefits: 12.2% Wagga Wagga City, Superannuation: 6.6% Wagga Wagga City, Business income: 14.3% Wagga Wagga City, Property income: 11.6% Wagga Wagga City, Wages & salaries: 55.4%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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