Waverley Local Government Area (LGA)Economic profile
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Waverley Council area

Sources of income

Households in Waverley Council area have a higher amount of disposable income compared to Greater Sydney.

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
Waverley Council area2017/182015/16Change
Name$Greater Sydney $$Greater Sydney $2015/16 to 2017/18
Wages & salaries128,582.03101,284.35127,642.91101,391.28+939
Property income41,963.8822,290.8441,305.6523,340.15+658
Business income64,397.9621,947.5965,241.2222,743.29-843
Cash benefits10,529.2713,024.829,483.7814,200.31+1,045
Total income before tax266,695.65171,323.51264,491.34174,872.64+2,204
Tax paid-59,461.46-29,993.48-57,338.36-29,049.13-2,123
Interest paid-12,056.09-9,656.35-12,982.49-10,519.52+926
Other payments/statistical discrepancy29,248.3620,016.8129,292.5619,956.52-44
Total disposable income224,426.46151,790.49223,463.06155,360.51+963
Ratio of cash benefits to tax paid0.180.430.170.49--

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 Greater Sydney, Cash benefits: 7.6% Greater Sydney, Superannuation: 7.5% Greater Sydney, Business income: 12.8% Greater Sydney, Property income: 13.0% Greater Sydney, Wages & salaries: 59.1% Waverley Council area, Cash benefits: 3.9% Waverley Council area, Superannuation: 8.0% Waverley Council area, Business income: 24.1% Waverley Council area, Property income: 15.7% Waverley Council area, Wages & salaries: 48.2%
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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