City of Greater Shepparton

Sources of income

Households in the City of Greater Shepparton have a lower amount of disposable income compared to Victoria.

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.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Sources of income per household
City of Greater Shepparton2023/242018/19Change
Economic measure$Victoria$$ Victoria$2018/19 to 2023/24
Wages & salaries81,152.88100,152.4175,136.3496,386.74+6,017
Property income15,885.2223,912.8915,426.9521,477.68+458
Business income19,584.5113,999.9221,546.7418,922.04-1,962
Superannuation9,370.0812,668.669,291.0112,431.63+79
Cash benefits21,831.4214,686.5723,234.9316,159.29-1,404
Total income before tax147,824.12165,420.45144,635.97165,377.39+3,188
Tax paid-24,670.75-31,672.93-20,990.34-28,333.99-3,680
Interest paid-9,746.44-14,906.63-6,742.90-10,106.28-3,004
Other payments/statistical discrepancy15,164.7215,512.9913,783.0516,264.04+1,382
Total disposable income128,571.65134,453.88130,685.78143,301.16-2,114
Ratio of cash benefits to tax paid0.880.461.110.570

Source: National Institute of Economic and Industry Research (NIEIR) ©2025. Compiled and presented in economy.id by .id (informed decisions). Note: All $ values are expressed in 2022/23 base year dollar terms. 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

Please refer to specific data notes for more information
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City of Greater Shepparton

economic profile