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Mornington Peninsula's Suburbs Ranked by Average Tax on Income: A Comprehensive Analysis of Financial Contributions
The average tax paid on income. Income refers to money earned from all sources, including, but not limited to, employment salary, investment returns, and rent earnings during the financial year.The average tax on income data can be useful for property investors and those looking to move as it provides an indication of the financial health of a suburb. A higher average tax on income could suggest that the suburb has a higher income demographic, which may be attractive to property investors looking for areas with potential for capital growth. On the other hand, a lower average tax on income could suggest that the suburb has a lower income demographic, which may be attractive to those looking for more affordable housing options. Additionally, this data can also be useful for those looking to relocate for work or other reasons, as it provides an indication of the financial climate of a particular suburb. Data from 2020
| Area | Value |
|---|---|
| 1. 3944 - Portsea | $69,800 |
| 2. 3943 - Sorrento (Vic.) | $45,600 |
| 3. 3937 - Red Hill (Vic.) | $43,100 |
| 4. 3929 - Flinders (Vic.) | $37,000 |
| 5. 3928 - Main Ridge | $34,000 |
| 6. 3916 - Shoreham | $31,600 |
| 7. 3930 - Mount Eliza | $28,700 |
| 8. 3933 - Moorooduc | $26,100 |
| 9. 3926 - Merricks Beach | $25,200 |
| 10. 3934 - Mount Martha | $21,000 |
|
11. |
$19,200 |
|
12. |
$18,000 |
|
13. |
$18,000 |
|
14. |
$16,400 |
|
15. |
$15,600 |
|
16. |
$15,000 |
|
17. |
$14,800 |
|
18. |
$14,600 |
|
19. |
$14,300 |
|
20. |
$14,200 |
|
21. |
$14,100 |
|
22. |
$13,400 |
|
23. |
$13,100 |
|
24. |
$12,300 |
|
25. |
$12,200 |
|
26. |
$11,900 |
|
27. |
$11,700 |
|
28. |
$11,200 |
|
29. |
$11,100 |
|
30. |
$10,300 |
|
31. |
$9,420 |
